How does customs data help with foreign trade?

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   Customs data provides several benefits for international trade:

Market Insights: Customs data offers global import and export information, enabling businesses to understand market demands, product flows, and potential competitors. By analyzing customs data, companies can identify emerging markets, popular products, and consumer trends, allowing them to adjust product strategies to meet market demands.

Supply Chain Optimization: Customs data reveals the links and partners within the global supply chain. By analyzing import and export data, businesses can gain insights into the origin of products, suppliers, and shipping routes. This helps optimize the supply chain, choose reliable suppliers and logistics partners, and reduce procurement costs and risks.

Trade Risk Mitigation: Customs data helps companies assess the credibility and reliability of potential partners. By analyzing their past import and export records, businesses can understand their trading activities, trade partners, and business conditions. This helps identify high-risk partners and reduce collaboration risks.

Competitive Analysis: Through customs data, businesses can gain in-depth knowledge of competitors' import and export activities. Analyzing competitors' import and export situations, market shares, and trade partners allows companies to understand their strategies and advantages, enabling them to formulate competitive countermeasures.

Accurate Customs Declaration: Customs data helps companies make accurate customs declarations and comply with international trade regulations and tax requirements. By understanding relevant customs codes, tariff regulations, and import/export provisions, companies can ensure compliance, avoid customs disputes, and legal risks.

TISCE global customs data includes various important trade records, covering more than 200 countries and regions in North America, South America, Asia, Europe, and Africa, including importers, exporters, countries of origin, destination countries, ports of shipment, ports of discharge, quantities, amounts, and other fields.

You can filter out the most suitable high-quality buyers based on product labels, peers, buyers, and other dimensions.

TISCE customs data is updated in real-time and can provide you with the purchasing quantity, transaction frequency, and import and export quantity of your desired products in different countries in an intuitive way. It can monitor changes in suppliers in target countries or regions, etc.

We are currently running a promotion, where you can register with TISCE for a free trial!
If interested, please click on https://www.tisce.com/?wst=x1_lt1 or contact WhatsApp: +65 80381075

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tisce Members Profile Send Private Message Find Members Posts Add to Buddy List Senior Member Joined: 07 Jul 2023 Status: Offline Points: 966	Post Options Post Reply Quote tisce Report Post Thanks(0) Quote Reply Topic: How does customs data help with foreign trade? Posted: 27 Dec 2023 at 4:49pm
	Customs data provides several benefits for international trade: Market Insights: Customs data offers global import and export information, enabling businesses to understand market demands, product flows, and potential competitors. By analyzing customs data, companies can identify emerging markets, popular products, and consumer trends, allowing them to adjust product strategies to meet market demands. Supply Chain Optimization: Customs data reveals the links and partners within the global supply chain. By analyzing import and export data, businesses can gain insights into the origin of products, suppliers, and shipping routes. This helps optimize the supply chain, choose reliable suppliers and logistics partners, and reduce procurement costs and risks. Trade Risk Mitigation: Customs data helps companies assess the credibility and reliability of potential partners. By analyzing their past import and export records, businesses can understand their trading activities, trade partners, and business conditions. This helps identify high-risk partners and reduce collaboration risks. Competitive Analysis: Through customs data, businesses can gain in-depth knowledge of competitors' import and export activities. Analyzing competitors' import and export situations, market shares, and trade partners allows companies to understand their strategies and advantages, enabling them to formulate competitive countermeasures. Accurate Customs Declaration: Customs data helps companies make accurate customs declarations and comply with international trade regulations and tax requirements. By understanding relevant customs codes, tariff regulations, and import/export provisions, companies can ensure compliance, avoid customs disputes, and legal risks. TISCE global customs data includes various important trade records, covering more than 200 countries and regions in North America, South America, Asia, Europe, and Africa, including importers, exporters, countries of origin, destination countries, ports of shipment, ports of discharge, quantities, amounts, and other fields. You can filter out the most suitable high-quality buyers based on product labels, peers, buyers, and other dimensions. TISCE customs data is updated in real-time and can provide you with the purchasing quantity, transaction frequency, and import and export quantity of your desired products in different countries in an intuitive way. It can monitor changes in suppliers in target countries or regions, etc. We are currently running a promotion, where you can register with TISCE for a free trial! If interested, please click on https://www.tisce.com/?wst=x1_lt1 or contact WhatsApp: +65 80381075