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Showing posts from February, 2021

Importance and benefits of US Import Data for the business owners

US import data include details of each import transaction that took place within the country during the past year. It helps in monitoring each and every activity taking place. In fact, it is the backbone of the US import system. Import data consist of detailed records of each type of import including the origin of the goods to be imported, the name of the consignor, the date of importation, quantity, and place of storage. The information can further break down the source items into separate classes for further investigation. Generally, import data are considered as the pulse of the importing system. Easy access on the US import data for every citizen Every US citizen can access US import data from various government agencies such as the Customs and Border Protection Service (CBP) of the US Department of Homeland Security or the General Services Administration (GSA). Government agencies commonly compile and store this data. There are many private sector vendors who maintain their own i...

Uses of US Trade Data For Expanding Business

The United States Department of Commerce (DOC) routinely provides publicly-available data on trade with Canada and Mexico. Trade-in goods between the US and Canada are the leading international commerce. Data on trade between the US and Mexican countries are regularly published by DOC, which provides free access to the data. The data is used by many businesses and by government agencies as they strive to understand and better understand international trade. These types of reports also play an important role in understanding international politics, as well as in providing the information needed by American exporters to expand their business offerings to the Mexican market. The impact of trade data on the Canadian market When looking at data on international trade and in particular the data on Canadian trade, it is important to remember that this information is collected, managed, and maintained at the local level. For example, it would be very difficult to collect, manage and maintain d...