Friday 30 January 2015

The Success Story of China’s Import and Export Business

In the last few years, import and export business in China has increased by leaps and bounds. The country has emerged as one of the favorite destinations for foreign trade. Business firms in the country are earning large profit share as well as adding adequate foreign exchange to the country’s economy. Good quality and economical products manufactured by the country are the main reasons of this unforeseen success. You can spot China’s manufactured products in supermarkets and stores across the world. With their economical and good quality products, China’s manufacturers have occupied markets around the world.

The success story of the nation’s import and export business is remarkable. Only a decade ago, with highest population in the world, the country was struggling as a developing nation. However, by seeing current circumstances, you can realize that the nation has done extremely well in all the odds and achieved admirable success. The nation has established a strong economy by increasing import and export trade. According to a recent survey, the China has exported goods having value more than 45 percent than that of last year’s total export. This fact states that the country’s economy is increasing day-by-day.

According to the China Export Data, products are not only sold in Asian regions, instead they are in high demand in US and European markets as well. Europe has the highest standards for importing goods. By producing high quality goods, China has made a remarkable presence in European markets. With their good quality products, manufacturers have convinced European and US traders to import products manufactured by them.

The nation manufactures and exports a variety of goods. The China Export Buyer Data shows that electronics garments, machinery, furniture, lighting, and medical apparatus are the top manufactured products sold worldwide during the last year. Other most preferred products of the country are Iron or steel articles, footwear, optical and technical apparatus, and knit or crochet clothing, and accessories. Apart from exports, the nation also imports large amount of goods. According to the last year’s China Import Data, top imported goods are electronic equipments, oil, engines, and ores.

Thursday 15 January 2015

Indian Custom Data – A Useful Tool for Managing Business Operations

India is widely known as a developing nation. However, when it comes to global trade and business, the country stands first. This is the reason why most of big market players have their strong presence in the country and continuously expanding their wings. The country has large economy and enormous business opportunities in several fields. If you also want to start your business operations in India or extend existing business processes, first you need to do a complete market analysis.

Indian market is changing with a rapid pace. To know about the current market trends and business opportunities, you need complete custom data of the county. Custom data includes statistics about imported and exported commodities. This data includes large amount of information that help business companies to plan about their business processes and regulate them effectively. Import and export statistics include information about goods imported and exported to and from several countries, their cost, and sender details. In addition, this statics also provides information about shipping modes and cost, receiver details, port details, HS code and various other information.

You can get complete Indian Custom Duty data from a reliable data service provider of the country. These firms provide complete statistics about imported and exported goods including shipment date, quantity, cost, shipping mode, sender and receiver details, lot size, and various other information. You can get the required data into the correct format to cater your business needs. They will provide you data in different formats that help you to analyze the current market trends deeply and plan about your business operations. Custom data can be available in excel sheets and online database. You can access these data through the Internet. Complete custom data can provide you vast idea about Indian economy and current market trends. You will be able to identify the optimum cost, quantity, and shipment mode of your consignments.

In addition, many data service provider also offer you free of cost Custom Duty Calculator that help you to calculate custom duty on goods you want to import. This calculator will help you to plan your consignments effectively.

Monday 5 January 2015

China Import and Export Industry - Immense Business Opportunities

China has the fastest growing economy with the highest population in the world. The country imports and exports huge amount of merchandise every year. The country has completed more than 1 trillion USD import and export business in the quarter of the year. The foreign trade in China has increased more than 25 percent from the last year. According to experts, foreign trade in China will continue to improve in coming years.

For global trading companies, import and export industry in China has immense opportunities. Being one of the largest economies in the world, China is the world’s second largest importer. The top imported items in China are electronic equipment, oil, ores, medicines, cereals, dairy products, sugar, meat, and sea food.

Apart from his high import capacity, China is also a big exporter. In 2013, China was the biggest exporter across the world. The top exported items in China are electronic equipment, clothing and accessories, furniture, medical apparatus, iron and steel, and footwear. According to the International Monetary Fund’s (IMF) reports, in 2013, China’s total Gross Domestic Product (GDP) was 13.374 trillion USD. The total export of the country accounted 2.2 trillion USD, more than 16 percent of country’s total GDP.

With its fast growing economy and high import and export capacity, China is a good destination for global trading. To have the deep understanding about the country’s economy, you can analyze import and export data. To get the complete China import and export data, you can hire a data agency.

Many data agencies are operating across the globe. They can offer you complete data about import and export in China. This data will include address details of firms engaged in the business operations, cost and details of product, size of consignments, and shipping date, mode of transportation, and various other useful details. To find a reliable agency for China Import Data, you can search on the Internet. Many service providers offer you required data on their websites. You can download China Export Data or import data in the required format. With this data, you can generate various reports that can provide you valuable business insights.