Knowing precisely when to make the right business decision is akin to predicting what the weather will be. On some days the signs are damn clear. Other days everything changes suddenly. Most businesses don't fail because of lack of trying—they fail because they fly blind, not knowing what the market truly wants. This is where consistent trade data can be useful. Trade data provides a window into what products get traded between countries, who buys them and how often they get purchased. When used properly, this information can help businesses to predict market demand, prevent losses and plan for smarter moves. Here on this blog, we will explain how quality trade data can enhance market predictions in plain language and real life examples. What Is Market Prediction in Plain English Market prediction is an attempt to make assumptions about what will sell. It enables companies to answer the following questions: Would anyone still buy this product in a month from now? Is ...
Siomex India trade data discusses information on the flow of goods and services across international borders, typically collected by national statistical agencies and trade organizations.