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Trade Data
29-04-2025
Out of over 200 countries and regions worldwide, currently 52 have open import data that is updated monthly (see the table below). For example, China does not disclose its export data—you can only track Chinese exports through the records of importing countries or by analyzing reverse trade data from foreign sources.
Not All Countries Update at the Same Speed
The update frequency varies by country. Some countries have a data delay of
up to 3 months, which may affect accuracy if you're working on tight deadlines.
For example:
·U.S. trade data on the Tendata platform is typically updated every 2 to 5 days. As of April 29, U.S. import data is already available through April 25.
·Panama's fast-track trade data is generally updated weekly. For example, as of April 29, data is available up to April 17.
Beware of Data Falsification by Some Companies
Some companies manipulate prices or quantities to evade taxes, so trade data may not always reflect the exact reality.
❗❗ Key Takeaway: It's crucial to choose a reliable trade data provider. Always review real customer case studies before deciding to purchase!
👉 (Apply for a free trial of global trade data)
Four Golden Rules for Using Trade Data — Avoid Costly Mistakes!
1. Don't Expect Data = Orders
Trade data is just a tool, like a map. It won't take you directly to your destination—you still need to do the work to reach your clients.
2. Target the Right Buyers
·Use HS codes to lock in on specific product categories (e.g., Chapter 90 for medical devices).
·Focus on companies that purchase 10+ times a year or place large single orders.
·Ignore freight forwarders, which often appear in the data but are not actual buyers.
3. Keep Data Fresh
Check buyer procurement records monthly to see if they're increasing purchases or switching suppliers. Adjust your strategy accordingly.
4. Use Data Legally and Compliantly
While official customs websites are trustworthy, they're often not user-friendly. That's why third-party platforms are generally more efficient.
For instance, Tendata, with its deep experience in trade digitalization, expert insights into data value, and powerful data-processing capabilities, has officially passed supply-demand certification by the Shanghai Data Exchange (“Shanghai DataEx”), affirming its industry-leading standards in data mining, processing, and services.
Trade Data Is a Compass, Not a GPS
It won't lead you straight to your client, but it will point you in the right direction. For beginners, start with countries like the United States, India, and Brazil, where data is comprehensive and updated frequently. Once you identify potential buyers, use professional services to close deals.
👉 Remember: Data is only a tool—how you use it is what really matters.
❗❗ (Apply now for a free trial of trade data across 228+ countries and regions!)
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