Finding Opportunity Through Vehicle Importers in 2023

tendata blogImport News

ten data blog21-12-2023

The world of vehicle imports is dynamic, with various players shaping the landscape. As of 2023, the top 10 global vehicle importers showcase a diverse mix of entities, each contributing significantly to the industry's vibrancy.


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1. DEPT. OF STATE SECURITY SERVICE (SSS)

With an imposing 13.17% import share, the DEPT. OF STATE SECURITY SERVICE is a major player, signaling a robust demand for vehicles within the security sector. This entity's $14,089.02 million import value underscores the significance of specialized vehicle requirements in global trade.


2. TATA AUTOCOMP SYSTEMS LIMITED

TATA AUTOCOMP SYSTEMS LIMITED, with a 4.52% import share and $4,833.36 million import value, exemplifies the role of large corporations in shaping the import landscape. Their substantial share indicates the influence of established automotive entities in cross-border trade.


3. JV SAMARKAND AUTOMOBILE FACTORY LLC

The emergence of JV SAMARKAND AUTOMOBILE FACTORY LLC, with a 4.24% import share and $4,539.86 million import value, highlights the growing role of diversified players. This signals a shift towards a more globalized and interconnected automotive market.


4. MERCEDES-BENZ INDIA PRIVATE LIMITED

The presence of MERCEDES-BENZ INDIA PRIVATE LIMITED, holding a 3.78% import share and $4,046.47 million import value, signifies the enduring global appeal of luxury vehicles. The import value reflects the premium nature of their offerings, contributing to the high-value segment of the market.


5. TATA AUTOCOMP GOTION GREEN ENERGY SOLUTIONS PRIVAT

TATA AUTOCOMP GOTION GREEN ENERGY SOLUTIONS PRIVAT, with a 1.89% import share and $2,018.73 million import value, introduces a sustainability aspect. The inclusion of "Green Energy Solutions" aligns with the industry's shift towards environmentally conscious practices.


6. BMW INDIA PRIVATE LIMITED

BMW INDIA PRIVATE LIMITED, with a 1.76% import share and $1,886.79 million import value, continues to be a key player in the luxury vehicle segment. The global appeal of renowned luxury brands remains a driving force in the import market.


7. MITSUBISHI MOTORS PHILIPPINES

MITSUBISHI MOTORS PHILIPPINES, holding a 1.69% import share and $1,809.5 million import value, exemplifies the significance of regional players. This indicates the diverse contributions from different parts of the world to the global vehicle import market.


8. ООО "AUTO MOTORS ASIA"

ООО "AUTO MOTORS ASIA," with a 1.41% import share and $1,504.61 million import value, represents the involvement of entities from Eastern Europe. The inclusion of such players emphasizes the global nature of vehicle imports.


9. Công ty Cổ Phần Nhiên Liệu Phúc Lâm

The entry of Công ty Cổ Phần Nhiên Liệu Phúc Lâm, with a 1.28% import share and $1,365.32 million import value, reflects the role of companies with a focus on fuel-related solutions. This aligns with the industry's exploration of alternative energy sources.


10. Công ty TNHH Hệ Thống Dây Dẫn SUMI Việt Nam

Công ty TNHH Hệ Thống Dây Dẫn SUMI Việt Nam, with a 1.2% import share and $1,287.59 million import value, brings attention to the importance of specialized components in the import market. This entity's presence signifies the intricate supply chain involved in vehicle manufacturing.


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Conclusion

The global vehicle import market is a tapestry woven with diverse entities, each contributing uniquely to the industry's fabric. Businesses seeking opportunities in this dynamic landscape must navigate through the influence of major players, regional contributors, and emerging trends. The insights gained from the top 10 importers of 2023 provide a compass for businesses to find their path in this ever-evolving global trade scenario.




Shanghai Tendata iTrader – Leveraging the Pivot of Tendata's Global Trade Map: 

Shanghai Tendata iTrader is an all-encompassing data tool that integrates information collection, processing, data visualization, and result analysis. Serving as an essential weapon in the trade expansion process, Shanghai Tendata iTrader can organize and calculate high-precision matching resources based on user segmentation of customers. Simultaneously, it aids users in executing customer-centric expansion strategy business processes, thereby increasing the company's profitability and customer satisfaction with services. Tendata can help import and export businesses better explore markets and unearth customers (>>>Click to Develop New Customers).


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I. Import and Export Business Expansion

Unable to find customers, finding customers but unable to penetrate deeply, unable to negotiate suitable prices after penetration, having a suitable price but no appropriate transaction volume, finally reaching the other side, but no one claims the goods. (>>>Shanghai Tendata Official Website)


1. Finding Customers

Shanghai Tendata iTrader covers trade data for 208 countries and regions, business data for 198 countries and regions, internet data for 141 countries, 100+ billion trade data, 120 million in-depth enterprise data, and 130 million buyer databases. It provides various search methods, allowing intelligent one-click queries based on products, company names, HS codes, SIC codes, etc. Additionally, it offers 17 visualized reports to help businesses accurately position and analyze the market, finding high-quality import and export customers. (>>>Click to Develop New Customers)


2. Customer Acquisition

Based on user-set search criteria, Shanghai Tendata iTrader's software center conducts high-precision relationship matching of search results. The calculated results are then returned to the user center, expressed in visual forms such as lists, pie charts, line graphs, bar graphs, etc. Content includes customer names under corresponding conditions, names and contact information of department heads, visualizations of transaction chain changes within a specific time frame, peer companies of the same level, nearby peers geographically, financial dynamics of customers over the past 3 or 10 years, credit ratings, etc. (>>>Click to Analyze Customers)


With the clarified customer relationships, clients can strategically plan their approach. Additionally, they can categorize and follow up on customer communication based on feedback received through email.


3. Customer Retention

The most effective way to maintain trading relationships between people is to anticipate and address the current or future needs of the other party, understanding them better than they understand themselves. (>>>Click to Analyze Buyers)


In line with this philosophy, we have set two push functions for trade operators in the customer retention stage.


(1) Timely push notifications for client news on streaming media.


(2) Periodic push of industry trends or analyses.



II. Successful Cases of Shanghai Tendata

Shanghai Tendata's data has undergone over a decade of development and currently holds a leading position in the field of import and export data providers. As of now, Tendata has served over 50,000 import and export enterprises nationwide, and the precision inquiry response rate has reached around 0.3%.


>>>Click to Consult<<<


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