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Global Trade Data
What is Trade Data? Trade data refers to information and statistics related to the import and export activities of goods and services between countries. It includes data on the value, quantity, origin, destination, and other relevant details of traded products.
What is Shipping Data? Shipping data, in the context of international trade, refers to information and records related to the transportation of goods by various modes of shipping, such as sea, air, road, or rail. It provides details about the movement of goods from the origin to the destination, including the logistics involved, carrier information, shipping routes, vessel or aircraft details, and transit times.   Shipping data encompasses a wide range of information that is essential for managing and tracking the physical movement of goods during the international trade process. It includes details about the shipment, such as the type of cargo, weight, dimensions, packaging, handling instructions, and any special requirements or restrictions. Additionally, shipping data may include information about the parties involved in the shipping process, such as the shipper, consignee, freight forwarders, customs brokers, and other intermediaries.   Shipping data is crucial for various stakeholders in international trade. Importers and exporters rely on shipping data to monitor the progress of their shipments, track the location of goods in transit, estimate delivery times, and ensure the smooth flow of their supply chains. Logistics providers and shipping companies use shipping data to optimize transportation routes, manage cargo capacity, schedule shipments, and provide accurate tracking and tracing services to their customers. Shipping data encompasses a wide range of information that is essential for managing and tracking the physical movement of goods during the international trade process. It includes details about the shipment, such as the type of cargo, weight, dimensions, packaging, handling instructions, and any special requirements or restrictions. Additionally, shipping data may include information about the parties involved in the shipping process, such as the shipper, consignee, freight forwarders, customs brokers, and other intermediaries.   Shipping data is crucial for various stakeholders in international trade. Importers and exporters rely on shipping data to monitor the progress of their shipments, track the location of goods in transit, estimate delivery times, and ensure the smooth flow of their supply chains. Logistics providers and shipping companies use shipping data to optimize transportation routes, manage cargo capacity, schedule shipments, and provide accurate tracking and tracing services to their customers.    
What is Customs Data? Customs data, in the context of international trade, refers to the information and documentation collected by customs authorities of a country regarding the movement of goods across its borders. It includes detailed information about imports and exports, such as the description of the goods, their quantity, value, origin, destination, and the parties involved in the trade transaction (importers, exporters, and sometimes intermediaries).   Customs data plays a crucial role in international trade as it helps governments enforce trade regulations, collect import duties and taxes, monitor trade flows, and compile trade statistics. It provides valuable insights into the volume and value of trade between countries, the types of goods being traded, and the trading partners involved.   Customs data is typically collected through various customs forms, such as the bill of lading, commercial invoice, customs declaration, and other supporting documents. This information is submitted by importers and exporters to the customs authorities when goods cross the borders. Customs authorities then process and record this data for regulatory and statistical purposes.   Access to customs data using TradeDataPlus is important for businesses and organizations involved in international trade. It allows them to analyze market trends, identify potential trade opportunities, assess the competitiveness of products, monitor competitors' activities, and conduct market research. By understanding customs data, businesses can make informed decisions, optimize their supply chains, mitigate risks, and comply with trade regulations.   Customs data can be obtained from various sources, including government agencies, customs authorities, trade databases, and specialized data providers. TradeDataPlus compiles and organizes the customs data, cleaning it and making it available to businesses, researchers, and other stakeholders who require accurate and up-to-date trade information.
What is Mirror Data? Mirror Data refers to a method used to access trade information for countries that do not disclose their customs data. It involves leveraging the customs data provided by a country involved in a trade transaction to infer the trade activity of another country that does not disclose its customs data. For instance, when Country A trades with Country B, if Country B discloses its customs data, the import data recorded by Country B can be used as a mirror of the export data from Country A. This approach relies on the availability of customs data from at least one of the countries involved in the trade, as it acts as a proxy for the undisclosed country's trade activity. However, it is important to note that if both countries involved in the trade transaction do not disclose their customs data, the mirror data method cannot be applied. If neither customs data nor mirror data is available for the country to be queried, you can do a data query using shipping data. Each of our Plans includes Global Shipment (data from shipping companies and ports) by default, which allows you to search for trade for which no customs data is published and for which no mirror data is available.
Why is trade data important? Trade data provides valuable insights into international trade flows, market trends, and economic performance. It helps businesses make informed decisions, identify market opportunities, assess competitiveness, and analyze supply chain dynamics.
Can I access historical trade data? Yes, TradeDataPlus offers historical data that allows users to analyze trade trends over a specific period. Historical trade data is valuable for conducting market research, trend analysis, and forecasting.