Find new buyers & suppliers import and export data.

In today’s interconnected world, companies are constantly seeking international expansion through new buyers and suppliers

One important tool for achieving this? Import and export data.

This post explores how this data helps businesses like yours identify and connect with potential trading partners across borders.

Introducing Siomex: Your Gateway to Global Trade Data

Siomex, a leading Indian provider of import and export data that empowers businesses to use valuable insights.

Compiled from Indian customs and ports, their data offers a wealth of information, including:

  • Importing and exporting companies
  • Product descriptions and quantities
  • Shipping routes and ports

Siomex boasts data covering over 95% of India’s international trade, encompassing both exports and imports. Now, let’s see how you can utilize this data to your advantage.

Becoming a Global Exporter: Finding Foreign Buyers

As an Indian exporter, Siomex’s import data helps you identify foreign companies already importing similar products. Imagine you export cotton shirts. You can find retailers and distributors in various countries who import shirts, presenting an opportunity to reach new buyers!

Siomex allows you to search by product, company, country, and more to pinpoint potential buyers.

Gain insights into their current purchase prices and preferred ports, making the way for targeted outreach and potentially replacing their existing suppliers.

Finding Reliable Suppliers

For Indian importers Siomex’s export data unlocks access to manufacturing and supply companies abroad exporting goods you need.

Let’s say you import machinery parts. Identify parts manufacturers in China or other countries already exporting to India.

The data reveals export volumes, shipment frequency, product specifications, and destinations, helping assess their capacity for new business.

 Reaching out to these companies can expand and diversify your supplier base.

A Wealth of Business Intelligence

Siomex’s data offers much more than just finding new customers and suppliers. You can:

  • Analyze trends in trading volumes and prices for informed decision-making.
  • Identify emerging product innovations from foreign competitors.
  • Monitor activities of existing partners and anticipate changes.

The possibilities are virtually limitless!

Conclusion: Gaining the Competitive Edge

In today’s globalized landscape, business intelligence on international trade is important

Using import and export data provided by Siomex, opens doors to new growth and expansion opportunities. By identifying partners worldwide, companies can access new markets and achieve international success.

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Get import and export trade data of India

India’s growing & vibrant economy is a major player in global trade. Whether you’re a experienced business professional or just starting your import export journey, understanding India’s trade data is crucial for making informed decisions.

This blog will help you on to find reliable import and export data for India, with a specific focus on Siomex, a important import export data online provider.

Why is Indian Trade Data Important?

Having access to India’s import and export data offers a wealth of benefits:

  • Identify Market Opportunities: Analyze India’s top imports and exports to discover potential markets for your products or source materials.
  • Track Industry Trends: Monitor trade trends to understand market fluctuations and adjust your strategies accordingly.
  • Gain Competitive Insights: Research your competitors’ import and export activities to gain a strategic edge.
  • Inform Investment Decisions: Use trade data to evaluate the feasibility of importing or exporting to/from India.

Government Resources:

The Indian government provides comprehensive trade data through various channels:

  • Ministry of Commerce & Industry: The ministry’s website offers access to the “Trade Statistics” section, which includes the “Export Import Data Bank .

 This database allows you to filter data by commodity, country, region, and timeframe.

Siomex: A Powerful Online Data Provider

While government resources are valuable Siomex offers additional features for a more comprehensive analysis:

  • Granular Data: Siomex provides in-depth data beyond just value and quantity. You can access details like shipment origin, port of destination, and even the names of importers and exporters (subject to privacy regulations).
  • Customization: Siomex allows you to tailor your data searches based on specific criteria, making it easier to find the information you need.
  • Real time Updates: Stay ahead of the curve with Siomex’s frequently updated data, ensuring you have access to the latest trade information.
  • Advanced Analytics Tools: Siomex offers various tools to analyze and visualize your data, helping you gain deeper insights into India’s trade landscape.

Beyond Siomex: Exploring Other Options

Siomex is a great option, but there are other resources available:

  • World Trade Organization (WTO): The WTO’s Trade Map provides a global view of trade flows, including data for India .
  • International Trade Centre (ITC): The ITC’s Market Access Map offers insights into trade regulations and market access conditions for India

Conclusion

With a combination of government resources and platforms like Siomex, you can gain a comprehensive understanding of India’s import and export data.

This valuable information will empower you to make informed decisions and navigate the dynamic world of Indian trade.

Remembers search is key to success in any import-export venture. So, dive into the data and unlock the potential of the Indian market!

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Indian Buyer and Supplier Data with Shipment Detail?

With international trade being a major economic driver, having access to detailed import and export data can provide Indian businesses with valuable insights and opportunities for growth.

One company at the forefront of unlocking the power of this trade data is Siomex.

Siomex provides authoritative import export data for companies looking to expand their cross-border operations.

The data is sourced directly from Indian Customs and includes comprehensive information on all India’s export and import transactions.

Key datasets provided by Siomex:

Import Data – This includes granular details on products imported into India like importer name and address, overseas supplier details, HS classification codes, product description, origin and destination ports, quantity, total value, etc.

The data helps businesses identify potential suppliers, analyze demand trends, and make strategic sourcing decisions.

Export Data – It covers specifics of products exported from India such as exporter name and address, foreign buyer name and address, HS codes, product description, shipping port, quantity, total value, etc.

This assists companies in finding new overseas buyers and assessing competitor activity.

Customs Shipment Data – It consists of records of all customs transactions including Bill of Entry and Shipping Bill information.

This provides authoritative data on actual shipments like weight, assessment value, duty paid, etc. Useful for trade analysis, compliance and logistics.

Analytics and Trends – Siomex also provides insightful analytics like dashboards, visualizations, and reports to identify opportunities based on trade patterns, growth markets, emerging products, etc. Historical data enables analysis of trends.

Benefits of using Siomex’s import export data:

Discover new markets for exports based on demand

Identify alternate import suppliers to source competitively

Analyze market trends and statistics for strategic decisions

Benchmark against competitors

Monitor competitor shipment patterns and new products

Qualify new overseas buyers and suppliers using contact and shipment records

Plan logistics and supply chain efficiently using shipment data

Ensure compliance with latest import and export regulations

 early identify issues disrupting trade flow based on analytics

This data can provide end-to-end visibility and actionable insights across the trade value chain – from sourcing and sales to logistics and regulations.

Conclusion 

By using Siomex’s rich repository of official import and export data, Indian companies can explore trade opportunities, optimize operations, improve competitiveness and power data-driven business growth

With increasing digitalization, real time access to authoritative foreign trade data is invaluable.

As a pioneering import export data provider, Siomex enables easy access to this high-value data digitally.

Businesses aiming to expand globally can derive significant value from Siomex’s offerings to unlock the full potential of India’s international trade.

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How can import export data be utilized for market research?

Market research is an important component of any company’s growth strategy in today’s globalized world. Understanding international trade and identifying new market opportunities while determining the competitive environment are some of the areas that import export data plays a significant role in.

1. Understanding the Import Export Landscape:

This information is useful to determine what products are being exported, which countries are involved, and how much volume of trade takes place.

The dynamics of demand and supply for various products can be understood by going through this kind of information.

For instance, by tracking the top exporting countries for a particular product and analyzing the trends in their exports, a company can find out why their sales have been going up.

2. Identifying New Market Opportunities:

Import export data may help businesses find potential new markets

3. Analyzing the Competitive Landscape:

Import export data can be used to evaluate competitive landscape in International market.

Trade data analysis assists firms in identifying key players with associated exports / imports as well as products

4. Evaluation of Trade Policies and Their Consequences:

 Import export data can be an effective way to gauge the influence of trade policies on international trade.

 By examining shifts in trade volumes, types of goods traded, and countries involved, businesses can determine whether their trade policies are working or not.

This will enable firms to make informed choices about exporting and importing in a rapidly changing market.

5. Predictions on Future Trends in International Trade:

Import export data may be used for forecasting future trends & emerging markets with possibilities of growth.

By tracking historical patterns in the trading process, manufacturing companies may predict future global patterns through building up statistical models.

This information is helpful for organizations that want to engage in international trading so as to attract more customers into their business ventures.

6. Adaptation of Products and Services for International Markets:

For businesses, import export information is essential in helping them understand the customers’ preferences across the international markets.

When analyzing the goods that are being imported or exported by regions, organizations will be able to determine which products are mostly needed in a given region hence customize their goods appropriately.

In this case, it will require limited advertising, increased awareness campaigns among others aimed at increasing customer awareness concerning new product offering.

Conclusion

To sum up, import export data is an invaluable resource for companies that want to expand market coverage and gain competitive advantage.

With such data serving as market research tools, firms can unearth fresh market opportunities; assess competition; evaluate trade policies; forecast future trade trends and adapt their products to suit global markets.

As the world economy changes and develops rapidly, it will be important for firms to grasp the significance of import-export data and how best to utilize it if they are going to maintain a competitive edge in the global business environment.

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What are the latest trends of export and import in India?

India is a country that induldges in import and export of goods and services . The import export data of India shows that there are many factors tha affect  India’s export and import trends like  global economic conditions, government policies and industry-specific dynamics.

If you are someone who is looking to expand your import export business or entering this world then . This post will show you some latest trends in export and import in India:

Here are some trends

Export Trends

Some of the texport trends shown by export data India are

Record-High Exports: In the financial year 2022-23 India achieved its highest-ever merchandise exports reaching a record high of US$417 billion

This growth was mainly driven by sectors such as petroleum products, engineering goods, gems and jewelry organic and inorganic chemicals and textiles

Crossing Targets: India crossed the targets that government gave . They gave a target of US$400 B for exports in the year 22-23

This shows that  the Indian exporters have an ability to overcome challenges It also includes  those  people who a posed by the global pandemic

Focus on Diversification: India has been working very hard to diversify its export markets and product range.

 The top export destinations of India include the United StatesUnited Arab Emirates, China, Bangladesh, and Hong Kong

Key export products include refined petroleum, diamonds, packaged medicines  jewelry, and rice

Import Trends:

The import data India shows the following trends in India imports

Increased Imports: India’s imports of goods have been increasing, leading to a significant trade deficit of 87.5 percent in FY 2022-23

The top imported products include crude petroleum, gold, coal diamonds, and petroleum gas

China is the largest import partner for India

Rising Demand for Commodities: India’s imports of commodities such as crude oil, coal, and gold have been on the rise

This is because of the increased industrial activity, energy requirements and consumer demand.

Trade Deficit: India’s trade deficit increased to US$192.41 billion in FY 2022-23 . It also shows that iimports are more than  exports by a big margin.

This highlights the need for measures to boost exports and reduce dependence on imports.

Government Initiatives:

The Indian government has issued many policies and schemes and programs in order to improve the country exports and reduce the trade deficit. Some of the important initiatives include

Export Promotion Schemes:

The government has added many schemes like  Merchandise Exports from India Scheme and the Export Promotion Capital Goods scheme to grow more exports and provide support to exporters

Atmanirbhar Bharat: The government’s Atmanirbhar Bharat (Self-Reliant India) initiative aims to promote domestic manufacturing and reduce dependence on imports.

This initiative includes measures such as production-linked incentives for various sectors

Trade Agreements: The import export data shows that India has been doing a lot of  trade agreements and negotiations with various countries and regions to increase market access for its exports.

Conclusion:

In this post we saw how India has shown a good improvement in export although the imports were more . We saw some trends that India showed .

If you wish to learn more about trade related information then you should visit Siomex.

Import Export Trade Data Provider in India.

As we all know India is one of the major drivers of the economy . It is a  country that is involved in import and export of goods with many countries in the world .

As per the import export data provider India total exports were $410 b while imports were around $510 B .

The growth in export and import is helping Indian business to have new opportunities and also allow them to grow .

But in order to gain success in this business sector it is important to have the right import and export data .

If you are also someone who is looking for the right data or the right import export data provider then you have come to the right place .

In this post we will look at the importance of import export data providers in India . Let us go into the details

Let us first know why it is important to choose the right shipment data provider

Importance of Import export data provider

  • Accurate and up-to-date data: The information provided by them is updated on a real time basis .This data is more accurate than data that you can find on public websites.
  • Customizable reports: Many data providers like Siomex provides you with customisable import and export reports according to your business needs

This will help you in saving time and money as you will not have to collect and analyze the data yourself.

  • Market research: The trade data providers India can also help you by providing other reports like market research reports .The market research report will help you to know what are some new trends and what is the demand of the product or service .

If you have this information then it becomes very easy to do your business

  • Data analytics: The reports provided by them are made after analyzing the data well . These provider like siomex use data analytics to help you understand your customers and competitor noth

By using this information businesses can improve their ways of doing business and focus on weak points as well

  • Make informed pricing decisions:After studying this information provided by the import export data providers businesses can understand some concepts like  cost of goods and the demand for products,

This allows them to make some important and good pricing decisions for their business

  • Comply with government regulations:  The data providers not only just give data but they also share basic information as well. One information that they provide is about government policies and rules of trading . Studying this carefully can help you to avoid any penalties

How to choose the right data provider

  1. Know  your needs. Before choosing the data provider you should first know what exactly you are looking for . Ask questions to yourself , know things like what is your budget and how long will you use it .
  1. Read reviews. Reading reviews about the information provider is the best thing that one can do .

There are many websites where you can read reviews of import export data providers.

This can be a helpful way to get an idea of the quality of the data and the customer service offered by different providers.

  1. Ask for a free trial. Many import export data providers offer free trials. This is a great way to test out the data and see if it meets your needs.

Conclusion

These were the importance of choosing the right data provider and some ways you can consider to choose the right one .

If you are also wondering which is the right import export trade data provider India then you should only think about using Siomex .

Visit Siomex for more information

What Are The Items China Imports From India?

In the world of import and export India and China are one of the most major countries .As per the global import export data these two countries have also been trading with each other for a very long time .

Although the political relationship of India with China is not very good but the trade relationship is great

They have also engaged in trade for centuries adding up to the flow of goods, culture, and ideas between the two countries .

While both countries have their unique strengths and specialties have you ever wondered what items China imports from India?

If you wish to know what all goods China imports from India then this post is for you .We will look at the products that China imports from India.

What Are The Items China Imports From India?

Pharmaceuticals and Chemicals

The export data India shows that India in the pharmaceutical industry has secured its place as one of the world’s top exporters of generic medicines and active pharmaceutical ingredients.

China, in turn, heavily relies on Indian pharmaceutical products to meet its domestic healthcare needs. From antibiotics to anti-inflammatory drugs,

 China imports a significant portion of its pharmaceutical supplies from India fostering a mutually beneficial partnership that promotes better healthcare accessibility for both nations.

Organic Chemicals

The global demand for organic chemicals, including intermediates and dyes, has fueled a substantial portion of India’s exports to China.

These chemicals find applications in various industries, such as textiles, plastics, and agriculture.

The trade in organic chemicals illustrates the intricate dance between India’s manufacturing capabilities and China’s appetite for raw materials.

Cotton and Apparel

India’s rich textile heritage has long captivated international markets, and China is no exception. China imports raw cotton and finished textile products like garments and fabrics from India. This exchange reflects the complementary strengths of both nations ndia’s cotton production and China’s manufacturing .

Gems and Jewelry

The allure of Indian gems and jewelry has transcended borders for centuries. From gold ornaments to  designer gemstone jewelry, India’s exports find a keen audience in China.

 The trade of gems and jewelry reflects the cultural affinity for craftsmanship and artistic expression shared between the two nations.

Iron Ore and Other Minerals

India’s abundant reserves of iron ore and other minerals have garnered the attention of China’s manufacturing and construction industries. 

As one of the world’s largest steel producers, China relies on imports of iron ore from India to sustain its rapid economic growth.

This partnership underscores the symbiotic relationship between resource rich countries and industrial powerhouses.

Agricultural Products

The import export data shows that  agriculture forms a cornerstone of both India and China’s economies, and their trade in agricultural products is no small matter.

 China imports items like spices, sugar, and rice from India to meet its diverse culinary and food processing needs.

This cross-border exchange connects the gastronomic traditions of both nations, fostering cultural enrichment.

Conclusion

The trade relationship between India and China is a multifaceted tapestry woven from a diverse range of goods.

From life-saving pharmaceuticals to vibrant textiles, these imports signify the dynamic interplay between India’s strengths and China’s demands.

This cross-border exchange is a testament to the power of global trade in fostering economic growth and cultural enrichment.

If you wish to know more about trade related information then visit SIomex .

What products does the USA import from India

India is a country with interesting traditions and a growing economy. The global import export data tells that India has become important in the world of trading because it exports many different things that are in demand across the global market.

Some of the things it exports are new technology and gadgets while others are agricultural goods or beautiful crafts that are handmade

The United States imports such items from India and people there really like them because they are of good quality and affordable.

India and the United States help each other by trading these things with each other. The relationship between India and USA is similar to that of a special friend where both countries benefit.

In this post we’ll look at some of the items the USA imports from India

Here are a few items that USA imports from India

Leather Items

The important commodities that India exports to the USA are mostly leather goods. India has become the top-ranked exporter worldwide in the distribution of accessories or leather goods.

India’s export data shows that the majority of the leather products that are exported from India to the USA include belts, pouches, purses, handbags, and a wide variety of other items.

Numerous gift items such as leather journals, bound notebooks, and key rings, are also in high demand on the global market.

Many businesses in India, both large and small are also constantly involved in exporting leather goods to the USA and countries.

Medical appliances

Chinese medical appliances are well-known worldwide and sold in greater variety & quality abroad. The import-export data shows that one of the biggest sectors of Indian exports to the United States is medicine.

The popular supplies include bandages, absorbent gauze, surgical caps made of crepe, sterile gloves and disposable surgical face masks.

 digital imaging software is an example of a unique appliance that has strong market position on the global market.

Frozen Flesh

Frozen items like frozen meat and flesh are in very high demand in the USA as it has a great taste which is making them so popular.

It includes various nonveg items like fish, pork, and prawns as well as rice varieties all of which have potential markets outside of the country.

India has an abundance of different fish species, including prawns.

Indian exporters work to maintain and retain the highest quality of meat exported from India through the reliable sale of their goods.

Agricultural products

 India exports a large number of items related to agriculture to the USA since the country’s climate and geographic position make it easy for various types of vegetation to flourish there.

The United States of America desires agricultural items that are grown organically hence it is a big market for India to export agricultural products.

 Australia, France, Italy, Singapore, China, Canada, Germany, Sweden, and Saudi Arabia are major export markets for Indian producers.

India is the world’s greatest producer and exporter of ginger and okra, which are followed by a variety of other agricultural goods like fruits and vegetables.

 Potatoes, cabbage, onions, tomatoes and many more are examples of vegetables. Bananas, mangoes, guavas and other fruits are examples of fruit.

Textile

India represents 15% of all textile exports because there is a sizable market there. Exports of textiles from India to the USA have been rising and the textile industry is moving in the direction of higher growth and success in other countries as well.

When opposed to exports local textile manufacturers produce their products at a lower cost. According to the global import-export data The most sought-after textile goods to export in the us and global market are silk and khadi.

Gems and precious metals

Gems and precious metals are the second-largest export from India to the USA in terms of dollar value; their combined market worth is over $40 billion.

Machinery

The few things that are most frequently shipped to the USA include equipment parts for agricultural machinery, textile twister machinery, cement machinery and compressor machinery.

Checklist for Exporting to the USA from India

Indian products are in great demand in the US market. However, it is not possible to start exporting goods to India from the US right once. There are some things to bear in mind for the enterprise to be successful.

Before entering the market, one must do thorough market research on the majority of exported goods and USA import-export business circumstances.

The top exporters from India can locate suitable markets in the USA and increase sales by gaining knowledge on this front.

Before starting to export in the USA from India one must comprehend and abide by government regulations.

 Businesses may find themselves in a pickle in the middle of the smooth exporting from India journey if some conditions are too tough.

But where can you find all this information? Don’t worry Siomex got you covered

Siomex is the leading import-export data provider that can help you provide all information at one place together . Visit now