Import Export Trade Data Report

Import trade is the procurement of goods and service purchase from an international country.Export trade is the sale of goods and services to another country. Export and import are vital for the development and growth of a country’s economy to produce the best possible product or service at the best rates. It allows resources to be redistributed from countries with excess to countries with shortfall.  

We create the import trade data and export trade data from the import-export documents created for import-export trade. We collect the data from the best sources like the government department (customs department, port authorities, and government bodies), logistics bodies, and trade associations. 

The databases typically contain the following information:-

  • Date of shipment
  • Importers name and importers address
  • Exporter name and exporters name
  • HSN Code
  • Product description
  • Unit Quantity and total quantity of shipment
  • Value in local currency and USD
  • Transportation mode
  • Country of origin and port
  • Destination country and port

International traders get updated market information from the import trade data. They use the data to get the updated market share of products they supply or purchase. They maximize their profit at minimal risks. Importers and exporters can check the current price and volume of products traded into the global markets. They study the demand supply-chain of various products. Traders study market trends and take suitable business decisions.

The import trade data of India the top imported commodities are:-

  • Mineral fuels, oils and waxes, and bituminous substances (27 % of total imports)
  • Precious and semi-precious stones, and jewelry (14 of total imports)
  • Electrical machinery (10 % of total imports)
  • Nuclear reactors, boilers, and mechanical machinery (8 % of total imports) 
  • Organic chemicals (4 % of total imports) 

Traders can explore the export trade data to find suppliers or buyers of the product. They use the database to look for new markets and opportunities to diversify. Freight companies use the data to understand peak seasons and identify the chief ports of the country. They can find new customers to transport commodities. Financial sectors study export trade data to understand international trade and analyze the risks.

The export trade data of India shows the top export partners are:-

  • The United States of America
  • United Arab Emirates
  • Hong Kong
  • China 
  • Singapore

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