What’s The Easiest Way To Get Import-Export Data By Country

There are many ways to find the import export data provider depending on where you live. Furthermore, there are pros and cons to each research method regardless of whether it’s online or offline.

It all depends on where your business is currently and where you would like it to go. That said, let’s explore some of the best ways to get import-export data by country online. This list includes government-backed and independent websites.

1. Trade Data Firm

A trade data firm is designed to take away your workload completely when it comes to international trade.

Pros

1. They have access to highly complicated algorithms so that they can tailor their analysis according to your firm’s needs.
2. They have contacts all over the world and can put you in contact with buyers that have worked with them in the past.
3. They will help you move your product by finding the best transportation for your needs.
4. All their buyers and transporters are vetted, making sure you don’t accidentally end up doing business with frauds.
5. They take care of all the international paperwork needed according to each country import and export data.

Cons

1. You may have to pay a fixed monthly price to continue to avail of these vast benefits.

2. Department Of Commerce

Every country has a department of commerce that contains the details of an import or an export from any country. This is a relatively easy way to gettrade statistics by country. However, this method requires you to use your own time to research foreign markets to find a gap for your goods.

Pros

1. It is definitely going to be accurate since you are getting it right from the government.
2. It is free.

Cons

1. It does not show you the full scope of the trade. For example, if a product that was manufactured in China was passed through Argentina on its way to the US. The department of commerce would record that product as an import from Argentina, thereby not showing you the full picture and only showing you import export data by country.
2. It does not show you trade statistics across different nations; it only shows you the statistics on the country you are focusing on.
3. You do not have access to complicated algorithms to complete your analysis.

3. Independent Market Researcher

When hiring a market researcher, you will have to hire someone that specialises in international trade that is similar to your product. You cannot hire someone that specializes in the cold food trade to look for country import and export data relating to a computer parts firm.

Pros

1. You hire someone that knows what they are doing; this will help you grow your business.
2. They will know how to spot discrepancies in the department of commerce lists so that they have exact data when calculating their data insights.
3. They will have a lot of knowledge about import export data by country, which is essentially what you are buying when you go with a private market researcher.

Cons

1. The individual researcher will not have access to proprietary market algorithms. Any insights they come up with will be based only on data that is freely available online such as trade statistics by country.
2. They will not have access to a wide web of contacts in different countries and will not give you any additional advantages. What they will do is analyse your trade data and show you potential markets. The rest is up to you, starting from contacting these buyers to shipping the product.

What Is A Good Trade Data Firm Online?

Firms like Trademo are exactly what you need when it comes to analysing country import export data. They go above and beyond to make sure that you have the most satisfactory service possible when it comes to international trade.