As international tensions rise and tariff activity increases, trade analysis will be a crucial part of strategic decision-making. Analyzing Import export data can give you key insights into domestic markets and international markets. This will allow you to make better business decisions. Trade data can provide insight into the supply chain dynamics, domestic demand, and recent shifts of raw material movement among countries. Consumption apparent When there is no production estimate, import export data analysis can help to estimate the local demand for certain goods and services. This is known as apparent consumption. This takes into account both the country's exports and production. According to the UN Food and Agriculture Organization (UNFAO), Canada produced 8.7 Million Tons of barley in 2016. Canada also exported 1.2 million metric tons and imported less than 0.1 million metric tons. Canada's barley consumption is estimated to be appro...