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How Trade Data Helps You Find Verified Importers and Exporters.

  Locating good people to deal with is one of the greatest hurdles in world business. You may have a great product. You might even have a good plan! But if you are not matched with the right buyers and sellers, it can grow slow, confusing and stressful. That is where trade data plays the helpful silent partner. It operates in the background silently, and helps you find verified importers and exporters. Trade data is not rocket science. It is just a report on who buys, who sells, what changes and where it goes. The more information you have, the better decisions you’re making. You can avoid fake partners. You can save time. You are free to confidently create strong business relationships. In this post, you will find out how trade data allow you to discover international partners in an easy and smart way! We’ll also cover simple examples so that everything makes perfect sense. Towards the end, we will present you to Siomex – a reliable trade data source, with clean and usefu...

What Mistakes Traders Make When Using Trade Data.

  Trade data is a powerful tool for anyone who works in buying and selling goods over the border. It is a snapshot of what people are sending, where they are sending it and who is reading it. Used well, such information can save people time, minimize risk, and break down barriers to new markets. But many traders continue to get it wrong when it comes to using this data. Such errors can stem from trying to do things too quickly, over interpreting details or just not verifying them thoroughly. In this blog post, We will discuss the most common mistakes in using trade data . We will keep it simple, avoid passive and bring some straightforward examples all interspersed by a friendly convivial style that shifts toward being informative. You would also discover the role of such a platform (like Siomex, import export data provider) in preventing those errors and doing business with more assurance. Mistake 1. Staring at Trade Data With No Clear Objective Too many traders step int...

Benefits of Using Accurate Port Data for Business Decisions.

  Particularly when it comes to business, good decision making often depends on just one thing  knowing what's what.  With the booming of world economic intercourse, in today’s increasingly rapid international market competition, a company is not only focusing on rivals domestically but also how formidable are the rivals over boundary affairs. Perhaps the most under appreciated and important sources of information is port data. Ports are trade gateways, where products enter countries and exit their borders every single day. From these ports, the records they kept are stories  about demand and supply, about opportunity and risk. Businesses that employ precise port data have a better understanding of what’s occurring in global trade. They can catch trends, follow testimonials, discover reliable partners and avoid costly mistakes. In this blog we will discuss the advantages of using  port data  in plain talk and simple examples with ease, and also how ...

How to Map Global Trade Routes Using Data.

  To view the big picture of global trade routes was like trying to solve a large puzzle. When products are sent from one country to another, they travel the long paths over the seas, through the air and over borders. How do these routes work? Which ones do people use most? And how can you, as a business person concerned with moving your products in and out, be smarter about your own moving of goods? Today, with the help of simple data instruments, these issues can be resolved by almost anyone who takes an interest. The information presented here is aimed particularly at new entrants to trade but also opens its doors to any reader who has been puzzled by how to follow a route or what these people are talking about. We will use straightforward language that hews closely to everyday expressions, cite typical examples from common life and speak in a personal style. We will also cover Siomex, the most authoritative international arrival export database provider. It makes people...

How to track Global supply disruptions using trade data

  In an age of unprecedented interconnectedness, a small event in one country can cause a ripple effect through world markets. A port delay, a change in policy or a raw material shortage all have impact thousands of miles away from where they happen. And we call this chain reaction a supply disruption. It's okay though trade data gives us the ability to catch these problems early before they become major setbacks. For businesses, understanding how to track these disruptions by means of trade data promises to save time and money. So in simple terms, let's try a brief look at how it works and then meet some companies, like trusted trade data providers Siomex, that make things easier for you. So long as they are providing legitimate data. What is a Global Supply Disruption? But first, what are these supply disruptions we hear about so often? Think of it this way. You have a company that sells electronic goods. Your need for parts from Japan, chips Taiwan and packagi...