Export Import Data Provider 2021

by Export Import Data Solutions Indian Import Data

International business can be classified into import and export. Import is when a country procures goods or services from overseas. Countries import goods it has a shortfall of resources, raw materials at a lower cost or better quality, or for goods or services produced at lower costs. Exports is the sale goods or services to another country. Exports help to increase a countries income and company’s profits.

Export Import Data is based on import-export documentation submitted at the time of customs clearance. We collect the documents from government departments like customs departments and port authorities, shipping companies, and various trade bodies. We verify the import export data is trustworthy and authentic before the database is created. The extensive export import data contains a lot of information. Some of the fields are:-

Date of shipment
Buyers name and address
Sellers name and address
HSM Code and Product description
Unit Quantity and Gross Quantity
Package value
Exporter country and port of dispatch
Importer country and destination port

Some of the benefits of Import Data India are as follows the data allows importers and exporters to stay informed about the latest market movements. They utilize the export import data to understand what the customers want and predict changes in preferences. The data allows importers and exporters to look for new opportunities to diversify.

Traders get insight after examining about trading patterns of importers and exporters. Analyzing the import export data helps them select suitable business partners for trade. They can find their market share and look for new strategies to improve business.

Logistic providers examine the export-import data to find the top commodities traded in the country, important trade routes, and to find new customers. Bankers study the database to understand the international trading business. They evaluate risk factors before offering banking facilities.

Import and Export Data can give you an insight into a countries economy. The data can show when consumption patterns are high or low. During the recent global pandemic, demand had plummeted in most countries including India. The import export data for April 2020, showed that India’s imports fell to 17.12 billion USD and exports from India dropped to 10.36 billion USD.

The Export Data India can show the top trading partners of a country. The top trading partners of India are:-