Trade Intelligence
Foreign trade is an important driver for growth in today’s increasingly connected world. Merchandise trade opens up new markets and new revenue streams for corporates as well as mid-sized companies to professionalize and scale up.
Trade Intelligence provides much-needed clarity for companies as they seek to engage with counterparts/ customers in other parts of the world.
Parameters of EXIM Trade
Benefits of Foreign Trade Intelligence
Export Markets
Import Substitution
EXIM Trading
EXIM Trade intelligence offers insights about global markets, data on buyers in particular nations, details on volumes purchased as well as typical price points. Insight about existing suppliers and product specifications will provide manufacturers clarity on target export markets to calibrate their product-market fit and also gain lead over the competition.
Mid-sized manufacturers, mainly, in developing countries invest capex in technology and processes to improve capabilities to produce world-class products at competitive prices for domestic consumption. In India, initiatives like Make In India and Atmanirbhar Bharat offer regulatory support to promote import substitution. Trade intelligence offers transaction-level insights and can be effectively used to target potential customers for import substitution.
Trading firms can identify new buyers/ suppliers in geographies for focus within their portfolio of products. By deploying trade intelligence, trading firms can undertake custom research on emerging markets as well as track trends in product imports. Insights from the analysis can support strategic decisions to venture in to ancillary products to widen their portfolio of offerings.