As tensions rise on international market and more tariffs are added, trading analysis is crucial to strategic decision-making. US trade information analysis can give you key insights into the domestic and international markets to help you make better business decisions. For analysis of supply chain dynamics, domestic demand and shifts in material movements, trade data can be used.
Accessing data
Consumption evident
Even if production estimates do not exist, trade analysis can be used for local demand. Apprent consumption measures the country's demand. It includes import export data.
Analyze your supply chain
Sometimes inputs from other nations are used to make the final product. A trade analysis can help determine which countries provide bulk materials and how much material is moving between them.
Trade analysis is a way to find out the origins and prices for raw materials from different countries. This data can help you decide the best strategy to purchase intermediates or raw materials in the future.
Data showing the volume and value of exports can give insight into export prices in different countries.
Trends over time
Trade tensions are rising. You can use data on both imports and outgoings to analyze the impact of current trade policies on global and regional goods movements.
Caveats
There are some caveats to consider when interpreting and analysing trade data database reports.
- Compare production data with export data to see if flow is underestimated.
- Primary research with market participants is required to determine the average trade share for manufactured goods.
- To approximate the export price, you can use volume or value estimations. Compare the average or estimated price for goods.
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