Want to understand the importance of Export Import Data?

“Support” is required for staying in any business for a long-term. Now, every industry has competition and today we are talking about import-export that is one of them. Without this industry, the need for products and services not fulfills in countries all around the world. This sector is important for us and our economy for rising. This sector has countless prospects and that’s why people are highly attracted towards it.

To lead in this sector is not always easy because of high competition and less knowledge about it. For keep going in this business, one needs genuine trade records which can only obtain by Export Import Data report.

The demand for this data has reached on heights in the last few years because of the many essential details included in it. Those details are the first step to reach the target of your business. Once you get such details, you’ll go to the top.  Let’s go ahead to know everything about it….

Some of the crucial things you have to know about Export Import Data

Anyone can use it who wants to gain maximum profits in their import-export business in no time. It is used to search value and trade movements of your product in the global market. This report has comprehensive and detailed market information about your product. Basically, it reveals export and import trade movements of your product in different countries. Also, it can help to collect details of the leading importers and exporters of your product in the market out there.

A few benefits of Export Import Data

  • Has details about trading activities of the international companies
  • Includes complete market intelligence information of products
  • Best way to track what your competitors import and export all around the world
  • A collection of figures about the product’s importing and exporting activities
  • Made with the help of authentic operational documents like invoices, shipping bills etc.
  • Offers an opportunity to execute an entire study of any country’s market

There are a number of sources available to fetch this data report and you don’t need to worry about the place from where they collect Export Import Data. Well, these sources have linked with different country’s customs department like port authorities and trade associations. They fetch shipping details from these places and correctly manage in the data report. You just need to go through with the online process for collecting trade shipment data information.

Import Export Data – To Understand Import Export Trade Business

 International trade is the economic transaction for goods or services between the two countries. International trade is an old-age practice and has shaped history. The import-export business that remains popular can be very profitable. Importing and exporting is lucrative. The import-export data of India shows the country imported 598.61 billion USD and exported 528 billion USD. 

Import-export trade data is the foundation of international trade business. Whether you are running an export Management Company or an export trading company, an import/export merchant, you need authentic data to make your business plans. International business is affected by geopolitical events and tariffs. Import-export trade data can disclose an in-depth analysis of national and international markets. They can discover consumer patterns. Businesses can learn about the mechanics of the supply chain and domestic demand for products. It can understand the recent changes in the movement in the raw materials between the countries. 

Export Data and import data is methodically collected from bill of entry, shipping manifest, and invoices submitted with customs. The database contains sea, air, and land shipment. The database contains:-

  • Exporters and importers name and contact details
  • Shipment date
  • HS Code with product description
  • Unit Rate & FOB in local currency & USD
  • Port of origin and country
  • Destination port and country
  • Transportation mode

Export data shows the main commodities exported by the country and the export partners. Exporters can use the data to get complete market data using the HS Code. It shows changing trends in the export market. e.g. top cars exported by India are:-

  • Ford Ecosport
  • Chevrolet Beat
  • Nissan Sunny
  • Hyundai Verna
  • VW Vento

Importers can use the import data to find comprehensive information about the product they trade-in. India imports nearly 83% of the oil it requires. India’s biggest import partners are Iraq, Saudi Arabia, and Iran.  

Let’s find out about Import and Export trade under GST

Overseas trade indices of a nation’s economic growth. India has the fastest growing economy in the entire world. Our nation’s trade is thriving day-by-day. India has exported products worth $274.6 billion in 2016-2017, 4.7% greater than $262.2 billion in the financial year 2016. Trade shortfall in 2016 to 2017 was $105.7 billion.

With the Indian government’s decision to turn out GST (Goods and Services Tax) in 2017, a wave of uneasiness ran through the commercial sector. With the implementation of GST, the way of doing business in India has completely changed in the past one year and impacts the Import and Export of products also.

Before understanding the impact of GST on trade, let’s quickly take a look at the basics of goods and services tax.

GST is a particular tax charged on the supply of products and services from the producer to the buyer. In just 1 year, it has replaced a host of central taxes and duties along with state cesses. Under the goods and services tax routine, credits of input taxes paid at every stage will be present in the consequent stage of price addition.

This tax in India has 3 components!

Let’s explore types of taxes imposed on the Export and Import of products and services:-

  • CGST (Central Goods and Services Tax)
  • SGST (State Goods and Services Tax)
  • IGST (Integrated Goods and Services Tax)

Centre government of India collects CGST and state government collects SGST on all trades in a state. And the last one tax i.e. IGST equals to CGST plus SGST. IGST ensures the movement of the input tax credit from one state to another. According to the GST law, no tax is owed on the export of products and services.

Though, the consequence is different in case of imports under the GST regime:

  • Import of products and services will be preserved as inter-state provisions. IGST will be imposed on the import of goods and services into the nation. BCD (Basic Customs Duty) will be also charged on the import of services and goods along with IGST.
  • In case of import of services, service collector will be legally responsible to pay the levy on the service if such services are offered by an individual residing outside India.
  • Goods and services tax will be followed by the transaction value based valuation principle from the present customs law. IGST will be calculated on the transaction price of the products.
  • Levy paid during import will be present as a credit under “Import and Sale” model. As well the refund of SAD (Special Additional Duty) that is present now after doing some particular compliance.
  • Levy revenue in case of SGST will be accumulated to the state where the imported products and services are consumed, as goods and services tax is a destination based tax.

With a number of taxes being considered by GST, exports have received a solid boost in the last 1 year. On the other hand, it has reduced the cost of imports.

If you want to know about GST rate tax on the Import and Export of products & services then consult us at SEAIR Exim Solutions.

Export Import Data to Defeat Opponents in the Competition

There is no single person who doesn’t want to defeat their rivals and go ahead in the competition. But, this is not as simple as it seems. In order to lead in the import-export industry, you need some helpful records to keep going in the business. This industry is full of opportunities and this is the main reason people choose this industry. But for a long-term stay in it, you need professional support that can only get by Export Import Data.

For those who don’t about the data, it has shipping records which are helpful in making a strong position in this industry. Also, it is helpful in defeating all your competitors and creating several productive business strategies.

Anyone who wants to become a part of the international trade can use this data for immense support. Let’s explore some benefits of Export Import Data report:-

  • It doesn’t matter you want to explore information on the future market trends or just looking for detailed info on shipments, data report offers great assistance to you.
  • Has an Indian HS code detail along with information of the leading wholesalers, logistics, manufacturers, and importers.
  • A layout of the data report is very systematic so you can’t face any difficulty or technical hassle while using it.
  • Provides detailed shipment records for tracking export and import movements of many companies, especially of your competitors.

These are the major reasons for the popularity of Export Import Data which is trusted by people all across the world. Currently, many commercial experts use this source for building better and advanced plans to enlarge their business overseas.

This data report provides a clear picture of international trade like which products are demanding there, fluctuations along with ups & downs in the market etc. It keeps you updated regarding every global consignment. If you have this trading tool in your hands then you won’t need any third party help that usually proves unsuccessful attempt. Obtaining Export Import Data is simple nowadays; you just need to consult any market research company like SEAIR Exim Solutions.

Since 2009, it has been serving authentic business and data solutions. It is a reputed export-import data provider and currently offers 80+ countries shipping information. Contact details have mentioned below and for more information, you must visit Seair.co.in

A reputed source to collect accurate HS Codes 01 to 98

I wish you all (my old and new readers who always follow my posts) a very good evening. In all previous blogs, I had provided relevant and up-to-date detailed information about the import-export industry. Just like every time today we will be going to discuss another important topic named HS Codes 01 to 98. Through this blog post, I will illuminate the main role of HS code in the trading business and how it is necessary to use this code for products. Let’s go further to explore about it in depth…..

This code has a long list of names such as harmonized system code, tariff code, harmonized coding system etc. It has a very important place in export-import business. It is a compulsion code for every single product i.e. going to export or import from one nation to another nation. This coding system has 6 digits accepted by 200 countries in the entire world. Proper categorization is the main motto of the HS code. It is supported on an international level and all the consignments are considered with this single code. HS Codes of chapter 01 to 98 maintained by Director General of Foreign Trade.

Take a look at the role of HS Code

  • It is used to recognize any product while operating trading
  • It helps traders to classify exported and imported products for tax collection purpose
  • It aids in eluding high penalties and taxes in the trading business

Now the question is from where we collect updated and error-free list of HS Code list of chapters 01 to 98? And the answer is consulting any data providing agency. These companies allow searching harmonized system code of the particular item you’re going to export or import.

SEAIR Exim Solutions is one of those firms that allow their clients to access the list of HS codes online and HS code search using HS code finder for products import and export,. It has an online web portal from where you’ll collect details about products and their harmonized system codes. Apart from this, we also provide import export data, India import data, Indian export data, global trade data, US data etc. at affordable prices.

Import Export Site: The Best Way to Collect Trade Statistics

A business that you can start from home and in very small investment is “Import-Export”. It is a perfect money-making way for those who want to obtain great revenues while doing their regular jobs. It’s not just about making huge money but also increases business relations with a lot of people all across the world.

But you know what starting this business is not as easy as you thought; it is required to have accurate stats on import and export businesses running worldwide so that you get an idea how to start it on small investments. To obtain this kind of information, numerous Import Export Sites are present out there. These sites are also known as import-export data providing sources that are committed to offering trade information of global businesses.

These sites are very popular and used by people who are related to the trading business. How can you make profits from the data services provided by these websites? Do you want to know? If yes, then keep reading this blog ahead.

What Types of Data Services are providing by Import Export Sites?

These sites provide Import Export data services to understand current market trends, ups & downs, movements of products in the international market and many more trade-related factors. Provided data services are known as business intelligence reports that give support while executing an import-export business. These reports are very helpful for importers, exporters, traders, business professionals, logistics, financial organizations, etc.

Export Import Data Provider

What Does Import and Export Data Report Contain?

Import-export data report that is provided by Import Export Sites contains shipping information of products which are traded. It includes item’s description, HS code, brand, customs duty, category, exporter name, importer name, mode of shipment, date of consignment, etc.

All these details are confidential as you can’t get them from any third-party tool or mediator. Import Export Sites are trusted and authentic platforms from where you can access this kind of information in just a few minutes. Countless sites are present out there and you have to choose the best one that suits your budget and business requirements.

India Import Data Country Wise: Get Information of Top Imported Items of India

Just like any other country, India also imports products which are not produced in the country. There are many products which are imported by India every year including heavy machinery, oil, organic chemicals, plastics, precious stones, iron & steel and many more. These products are imported into a huge amount from other countries.

There are a lot of people who are interested in understanding the import business of India that must be a little bit tough to understand until you have a potential source. India Import Data Country Wise is that potential and great source that provides complete information on the country’s importing business. In 2018, India has imported $507.6 billion worth of products from all around the world. And this data contains shipping information of those imported products in numeric values and business statistics.

It has a set of import stats which are recorded when products get imported in India via Sea, Air or Land. Based on authentic import bills, bill of lading, invoices, and shipping bills so you don’t need to worry about the quality of available records in India Import Data report. Several different kinds of confidential shipping details present in it and some of them have listed below:-

  • Product’s description
  • Harmonized System code
  • Net Weight
  • Quantity and Value
  • Transportation Mode
  • Destination Country

Apart from these details, this data report has many business advantages. It is a boon to the traders, business corporates, importers and exporters from small or large corporations. It doesn’t matter what’s the size of the company as it equally supports both types of businesses. Have a look at the benefits of India Import Data Country Wise:-

  • Plays a crucial role in making progressive and effective business plans
  • Gives a detailed study of the Indian marketplace to the subscribers
  • Helpful for supplying companies in foreign countries who want a list of Indian buyers
  • Provides each and every information of competitor’s business activities

India Import Data Country Wise is available on online web portals of data providing websites. You can consult them via e-mailing or calling to tell your business needs so that they can offer data according to your requirements.

Along with this data, you can also get updated and error-free Export Import Data from these web portals.

Indian Export Data: Find Target Market for Your Goods in India

From many years, export business is getting increased and business associates finding it really beneficial to export goods to different parts all around the world. But the main issue appears in front of small businesses is how to find out the right market for their products where they can obtain maximum profits. Well, in order to give instant help, there are numerous websites present out there which are providing real-time import and export data services.

One company that has gained huge attention in the market is SEAIR Exim Solutions that provide updated Indian Export Data to identify the right market for your products.

It works as an advanced method that gives businesses all important information on exporting business in India. This data has information on leading Indian ports including Mumbai Sea, Ahmedabad Air Cargo, Delhi ICD, Surat Sea, etc. Before collecting export data India, it is necessary to explore some features.

What is the Indian Export Data?

It provides stats-based information about products which are exporting from India to other global countries. This one has a wide coverage of shipping details including item’s description, HS code, quantity, net weight, date of shipment, the port of origin, etc. This data report is used to unlock growth prospects in the Indian marketplace.

It is compiled from shipping bills, invoices, bill of lading, and export bills. This source is very beneficial for Indian suppliers and foreign importers to find out their right business partners. Let’s have a look at the features:-

  • 100% updated and well-organized
  • Has a user-friendly layout
  • Build new sales prospects
  • Cover sea, air, and road shipments
  • Present on 2, 4, 6, and 8 digit level HS code

This is what you need to keep updated with the current market trends, fluctuations, ups and downs. As earlier mentioned in the blog, we are the best data providing agency that provides India Export Data to fulfill all your business requirements. No source is better than this when it comes to finding your products target market in India.

Are you also interested in Export Import Data? Then, contact us for the same.

Find Out Right Shipping Information with Global Import Export Data

Global trade is a growing selection choice for all the businesses among traders at this time. Any business needs a perfect business plan or a model i.e. similar to any local business graph. Every businessman wants to grow his business and gain profits but it is only possible when he has records or any helpful tool to execute trading operations all across the world. As well as, one also needs to execute depth research in his choice of industry. In order to execute all these tasks, you need professional support that will get by Global Import Export Data.

Execute business planning with this intelligence source assures for a successful business project either nationally or internationally.

Detailed Information about This Data Report

It is based on shipping bills, bill of lading, export bills, invoices, and import bills. This data has recorded movements of the products which are traded internationally. It provides an insight into the present situation of international trade along with future prospects. In addition to this, it helps to collect the latest import and export information of all businesses across the world while unlocking the trade opportunities.

Global Import Export Data has several benefits for your business, check them below:-

  • Identify New Markets

You can search for the new global market to find out potential industries and enlarge business with the help of this data.

  • Find Global Exporters & Importers

This data has listed the names of international importers and exporters for your product.

  • Monitor Competitor’s Shipments

With this data report, one can track shipments of his competitor without facing any hassles.

  • Generate Profitable Leads

Find out the profitable sales opportunities and expand your business across the globe.

  • Take Progressive Decisions

Included records in this data report help to take workable and progressive business decisions.

Undoubtedly, this is the best way to find out the actual and detailed shipping information. Global Export Import Data can easily obtain by consulting online data providing companies. You can simply contact one of them online and tell your requirements to get data information according to it. By consulting data providing source, you can also collect the list of Export Import Companies.

We also offer Indian Export Data, Import Data, Export Import data india and Export Import Data for more than 80+ countries all over the world. If you are looking for same you can contact us by visiting our website

Export Shipment Data for Deep Market Research and Analysis

No matter you are an importer or exporter, marketing research of import export data is must grow the business. In present, one of the better helpful, fastest and smarter tools for market research is export shipment data. How is it crucial for the export import business? What makes it unique from other sources? I am going to explain it in detail-

What is Customs Export Data?

Custom data basically is the data or records about the export and import of products from and to a specific country. Custom Data is very beneficial for export and import business in any country. Customs export data is useful for the importers of the country who imports the products from other countries. Importers of country import products from the country where they can get cheap and high-quality products. Importer country can analyze and decide from which country it needs to import specific products to get high profit.

Each business has competition today and it’s very hard to achieve your business goal, but nothing impossible. Competition can analyze with the help of data report as well as it helps you to make better strategies for positive business outcomes.

This source has only one aim of maximizing the profits of your company.

A Smart Move to Obtain high Profits in the Business

•    Help traders, importers and exporters to enlarge their business

•    Export Shipment Data offers information to take business progressive decisions

•    Fetch actual shipment records of exported goods or products

•    Search one of the best importers and exporters of your product

•    Free from errors and 100% updated on a monthly basis

•    Keep updated about exporting activities took place in the overall world

•    A helpful tool for every industry in examining the entire marketplace

•    Provides detailed, updated, and authentic shipping records

•    Discover growth trends and monitor fast growing products

Export Shipment Data contains a number of details of exported products such as the name of the item, description, HS code, date of consignment, details of the importer, exporter’s details, mode of shipment, etc. This info can easily fetch by data providing agencies available out there. Provided details help you to get an idea about who is the importer & exporter, what is the amount of the shipment along with the price.

A few years ago, people used online directories or contacting ports to get shipping records. These ways are very complicated and time-taking and that is the main reason famous business associates, traders, manufacturers, and importers are start using online Export Shipment Data report. Consulting data provider source is the best ways to get business intelligence reports like export data. This way is very convenient, easy to use and fast to make business plans for making profits beyond the expectations.

We also offer Indian Import Data, Exports Data, Export data india and export import data for more than 80+ countries all over the world. If you are looking for same you can contact us by visiting our website