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Import Export Business

How to Boost Your Import Export Business in Africa Region?

Running an import export business is very challenging these days. The challenges like disruptions in the supply chain, currency exchange rate variances, language issues and all combine to create a host of problems. The global business is one of the most profitable opportunities for traders while some traders weigh the risk against potential benefits as they would quite keep on trading within the country’s borders.
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USA Pork Exports

China Raises Import Tariff on USA Pork and Pork Variety Meat

Pork is the cooking name for meat from a domestic swine. United States is the second largest pork products exporter country in the world and represented 15% of the global pork exports. As China is a leading destination for USA pork variety meat. Recently, China government has increase the tariffs on 128 products of USA and mainly impose an additional 25% duty on imports of United States pork and pork variety meat.
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Electrical Energy Industry

Electricity Sector in India – Production, Consumption, Imports & Exports

India has become the world’s third largest producer of electricity with 1,160.1 billion units of electrical energy produced during financial year 2017-18. Electricity production in India grew 34% over seven years to 2017. As far as power consumption in India is concerned, the country’s consumption of electricity stood over 1 billion units in 2017. India’s both imports and exports of electricity valued at over 35 million in this year.
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Letter of Credit

Letter of Credit in International Trade – A Detailed Overview

In an import-export business, Letter of Credit (LC), also known as Documentary Credit, is a major instrument for settling trade payments. It is actually a written commitment from a bank on behalf of a buyer (importer) that payment has been made to a seller (exporter) under agreed terms & conditions. A key principle of LC is that banks have to deal only in documents and not in goods.
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Trading Partners of India

Who are the Largest Trading Partners of India?

India is Asia’s biggest market and the country is located in South Asia. In import export business, India is one of the emerging markets in the world. India is the 20th largest exporter country and 14th largest importer country in the world. As of 2016, India had a negative trade balance of USD 96 billion in net imports and it recorded USD 104 billion in 2017 till September. If we compared to its trade balance in the year 1995 when India had a positive trade balance in net exports.
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Glass Import Export

India Trade of Glass and Glassware Products – Indian Glass Industry Report

Indian glass industry is growing due to the rising interest for glass from the beverage sector, real-estate and the infrastructure. The huge growth in glass consumption has been driven by fast expanding automotive and construction sectors. Earlier, glassmakers in India could not have asked for more. The recent years have shown the best of times in the industry’s history. The growth in glass industry of India is led by container glass segment which represents the larger part of the volume.
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Export Import Data

5 Most Effective Ways to Find Buyers & Suppliers of India in 2018

How to find buyers or suppliers of India in 2018? This is one of the major questions that mind of every foreign importer or exporter strikes, especially for those who are entering into Indian market for the first time. There are both paid and un-paid services available for getting information about Indian companies that can buy or sell products of your interest. Paid market research services include purchasing of import export data.
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China Importers Exporters

How to Find Buyers & Suppliers in China? China Importers Exporters List

When it comes to import or export goods and do business with Chinese traders, it is not that easy as you certainly need someone genuine and trusted with whom you can build long-lasting work relations. You may get frustrated because of the fact that you are a beginner and you are not being able to choose the right business hand and recognize the right path. To successfully find a suitable buyer or supplier in China, you need a strategy.
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Sulfonamides Global Market

Sulfonamides Global Trade Analysis by Market Trends, Country & Region

Sulphonamides are organic sulphur compounds that contain the amide of sulfonic acid. It is the basis of several groups of drugs and also known as sulpha drugs. Sulphonamides are first anti-microbial drugs developed to treat bacterial infections in human beings and animals. Sulfonamide cause fatal side effects including urinary tract disorders and hyper sensitivity reactions.
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Geogrid Global Market

Geogrid Imports and Exports in Global Market – Geogrid Trade Statistics

Geogrid is a geosynthetic material used as reinforcement in construction works. It can be used in support of retaining walls and many applications are on its way to being flourished. It is commonly made up of polymer materials. The high demand for Geogrid in construction is due to its good tension property and has a higher ability to distribute load across a large area. The road segment is the largest type segment of Geogrid market.
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Nitric Acid Trade

Nitric Acid Global Industry – Market Analysis by Trade, Country & Region

Nitric acid, which comes under HS Code 2808, is one of the most traded products in the chemical industry around the world. It is a poisonous liquid that gives off choking yellow or red fumes in moist air. This colourless liquid is used in manufacturing organic & inorganic nitrates and nitro compounds for paints, plastics, explosives, dye intermediates, fertilizers and many other different organic chemicals.
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Acrylic Acid Trade

Acrylic Acid World Market Outlook – Acrylic Acid Global Trade Statistics

Acrylic acid is the simplest unsaturated carboxylic acid consisting of a vinyl group connected directly to a carboxylic acid terminus. Acrylic acid & its derivatives are widely used in industrial processing. The major market for acrylic acid include surface coatings, adhesives and plastic additives. Surface coating is one of the major applications of acrylic acid and when it reacted with alcohols gives the commodity acrylates. These acrylates are widely used in the paints and coating industry.
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Antibiotics Global Trade

Antibiotics Imports Exports in Global Market – Antibiotics Trade Statistics

Antibiotic is a group of medicines used in the treatment of infections caused by germs, bacteria and certain parasites. It also called antibacterial or antimicrobials and cure disease by killing or injuring bacteria. Antibiotics only treat bacterial infections, it is useless against viral infections and fungal infections. In today’s times, over 100 different antibiotics are available to cure minor and life threatening infections.
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cosmetic pigments trade

Cosmetic Pigments Global Trade Report – Germany, US & China Top Traders

Life can’t be imagined without colours. Industries are very well aware of colour significance to attract the buyers. As such, the market of colour pigments is growing rapidly around the world. A wide range of pigments is used in textile industry and other sectors like cosmetics, paper, building material, glass and so on. There are two types of pigments namely organic and inorganic. Organic pigments are widely obtained from the animal kingdoms and plant.
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Fatty Alcohols Global

Fatty Alcohols Global Trade Overview – Fatty Alcohols Market Report

Global trade deficit of fatty alcohols recorded USD 553 million in 2016. It means that world’s trade balance showed negative value in this year. As per the other sources, the global fatty alcohols market is estimated at USD 4.72 billion in 2017 and is projected to reach USD 6.01 billion by 2022 at a CAGR of 5% between 2017 and 2022. The production of fatty alcohols is highly dependent on crude oil since synthetic fatty alcohols are manufactured from petrochemicals.
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Zinc Chemical Industry

Zinc Chemicals Industry Report – Zinc Oxide is Top Traded Zinc Chemical

When talked about zinc, most tend to think about zinc metal. However, zinc chemicals including zinc oxide and dust account for about 10% of total zinc consumption in the world. As per a report prepared by Export Genius, a leader in market research industry shows that zinc oxide accounted for 62% of the zinc chemicals industry with zinc sulfate 33% and zinc chloride 5% in 2016. The major market segments of zinc chemicals include – ceramics, agriculture and rubber compounding.
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Carbon Black Trade

Carbon Black Imports and Exports in World – Carbon Black Industry Report

Black carbon defines as a black material emitted gas and diesel engines, coal fired power plants and other sources that burn fossil fuel. It is a deep black color powder with reinforcing and conductive properties which are utilized across various sectors. It is expected to show an increase over the next five years in the demand for black carbon in paints, coatings and inks. High demand Carbon black is majorly consumed by tire industry.
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US Chemical Industry

US Trade of Chemical Industry – Imports & Exports of Chemical Products

The chemical industry is a forward-looking & dynamic industry in the United States of America and a keystone of the country’s domestic economy. It is one of the oldest industries in America and the world’s second largest trading sector (after China) with 14% of global chemical shipments. With abundant natural resources and a highly skilled workforce, the US chemical industry has long been a major exporter of chemistry-based products.
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Ammonia Trade Data

Ammonia Trade in Global Market – Imports & Exports of Ammonia Products

Ammonia global imports and exports amounted to USD 6301 million and USD 5581 respectively in 2016. This inorganic chemical comes under HS Code 2814 and is the basic building block of the world nitrogen industry. The consumption of ammonia products for nitrogen fertilizer accounted for more than 80% of the world ammonia market. Nitrogen fertilizers are basically the most widely used fertilizers around the globe, which accounted close to 60% of all fertilizers. Ammonia is produced from natural gas in the world, except in China where it is produced much from coal gasification.
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Pesticides Industry Report

Indian Pesticides Industry Report - Pesticides Import Export Statistics

Pesticides are substances intended for preventing, destroying, repelling or mitigating any pest. It is used as a plant regulator, defoliant and nitrogen stabilizer. India is the fourth largest global producer of pesticides after USA, China and Japan. Indian crop protection industry is capital intensive and highly regulated industry. Pesticides industry in India is segmented into six categories including insecticides, herbicides, fungicides, bio-pesticides
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China Chemical Industry

China Chemical Imports and Exports – China Chemical Industry Trade Report

China’s chemical sector is growing rapidly and has become a strategic pillar with increasing global competitiveness. It consists of the industrial system covering various sub sectors including chemical fertilizers, agricultural chemicals, speciality chemicals, synthetic materials etc. The chemical industry is a very important contributor to the wealth of a country.China is the second largest economy in the world.
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Glycerine Trade Statistics

Imports & Exports of Glycerol in the World – Glycerine Trade Statistics

Glycerol, also known as glycerine or glycerin is a polyol compound and odourless, viscous & colourless liquid. It is non-toxic and sweet-tasting and found in all lipids known as triglycerides. This chemical product comes under HS Code 290545 and is widely used in the food industry as a sweetener and in pharmaceutical formulations. It is also used into botanical extracts, electronic cigarette liquid, antifreeze, chemical intermediate, vibration dampening, and internal combustion fuel.
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Caustic Soda Suppliers

Caustic Soda Imports & Exports – Global Caustic Soda Industry Analysis

What is caustic soda? Known as sodium hydroxide (NaOH), caustic soda, which comes under HS Code 2815, is an inorganic compound widely used in various industries due to its strong alkaline properties. It is the go-to compound in the chemical industry as it is one of the essential elements in manufacturing of soaps, detergents, paper and aluminium. Caustic soda is also used in the production of beverages, cocoa and chocolate.
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USA Energy Industry

United States Top Import and Export Products of Energy Industry

Petroleum oil, natural gas, coal, renewable energy and nuclear power electric are primary energy sources for USA energy industry. Electricity is a secondary energy source that is generated from primary energy sources. The United States is the second largest energy consumer in the world after China. The electric power sector generates most of the electricity in the United States and the other four sectors consume most of that electricity.
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Coal Gas Trade

World’s Top Trading Countries of Coal Gas, Water Gas & Similar Gases

Coal gas is a gaseous mixture of hydrogen, methane and carbon monoxide which is formed by destructive distillation of bituminous coal. The gas obtained when coal is heated strongly in the absence of air is called coal gas. It is supplied to another country via the piped distribution system. Coal gas was the primary source of gaseous fuel for most of the countries before the popularity of natural gas.
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Petroleum Jelly Products

Petroleum Jelly Imports Exports in World – China & USA are Top Traders

Petroleum jelly is a mixture of natural waxes and mineral oils that together lock moisture in the skin and relieve dryness. Petroleum jelly, paraffin wax, microcrystalline petroleum wax or slack wax is a mixture of hydrocarbons having a melting point usually according to human body temperature and originally promoted as a topical ointment for its healing properties. It is hugely versatile and it is used all over the world to protect skin from dry as well as for beauty purposes.
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Natural Gas Trade

What is Global Trade Picture of Natural Gas in Liquefied & Gaseous Form?

Natural Gas global imports and exports both fell down sharply in 2016 and settled at USD 179 billion and USD 118 billion respectively. Import and export value of natural gas in gaseous state recorded more than that of gas under HS Code 271111. Total imports of natural gas in gaseous state valued at USD 98 billion, while liquefied natural gas valued at USD 80 billion in 2016.
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Coal Tar Oil

Which are the World’s Largest Trade Areas of Coal Tar Oil?

What is coal tar oil? Coal tar is a very thick, dark liquid with a number of medical and industrial uses. It is a product generated while processing coking coal into low ash metallurgical coke in a recovery type coke plant. It is one of the by-products when coal is made into coke and coal gas. It is generally used in medicines, construction and industry. It causes side effects such as skin irritation, sun sensitivity, allergic reactions and skin discoloration.
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Electrical Energy Trade Data

How Top Electrical Energy Trading Countries Performed in 2016?

Is electricity exported? Yes, it is exported as well as imported from one country to another country. Electrical energy (electricity) is generated by generating stations and transmitted to load centers from where it is distributed to its destinations. The electricity is transferred through the connection of power lines between two countries. Germany is the top exporting country of electrical energy while United States is the top importing country.
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Pet Coke Imports Exports

Pet Coke Imports Exports in World – India & US are Top Pet Coke Traders

India and the United States of America are the largest trading countries of petroleum coke. India is the biggest buyer, while USA is the top supplier of pet coke in the world. According to a report on pet coke trade data, which covers comprehensive information on pet coke imports and exports; the import value of products under HS Code 2713 declined to USD 12088634000 in 2016 from 2015’s USD 16333164000.
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Coal Importer and Exporter

Top 10 Coal Importer and Exporter Country - Coal Industry Market Report

Coal is prospective to remain the most inexpensive fuel for power generation in many developing countries and industrialised countries for decades. Coal prices have historically been lower and more stable than oil and gas prices. Coal is a global industry with coal mined commercially in over 50 countries and used in over 70 countries of the world. Coal market is very dynamic today due to a variety of qualities are traded and new price indexes for different qualities in different regions.
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Russia Import Export Data

5 Best and Easy Ways to Find Importers and Exporters in Russia

To find importers or exporters for your business is as important as running the business itself. You need exporters who can give you exactly what you need, when you need it and at the right price. While you need importers who can maintain the trading with you. To find business partners in Russia or any other country is little complicated particularly when you are just getting started or importing/exporting in the new market.
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Indonesian Importer Exporter List

How to Find Trusted Importers and Exporters in Indonesia?

In Import Export business, most people are asking the fundamental question, “How do I find new importer or exporter for my product?” Many traders find themselves hitting a wall and losing momentum in identifying new business partners in Indonesia and they are not always easy to find. If you want to import or export to Indonesia, it needs to go through local language, travel barriers and trade policies in order to succeed.
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Exporters in Philippines

10 Best Ways to Find Importers and Exporters in the Philippines

Finding trusted importers or exporters is one of biggest challenges for traders doing import export business. Doing business in a foreign country is never easy. It overcomes a lot of barriers like understand new cultures, languages and have capable partners that can make your efforts reach any form of success. If you have specific plans to do business in the Philippines then a business partner scan can help you find reliable importer or exporter for your product.
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CIS Trade Data

CIS Countries Trade Data – Import Export Scenario of CIS Nations

CIS or the Commonwealth of Independent States is a group of 9 member countries and 2 associate countries that formed during the dissolution of the Soviet Union in 1991. The 9 full member countries are – Armenia, Azerbaijan, Belarus, Kazakhstan, Kyrgyzstan, Moldova, Russia, Tajikistan and Uzbekistan. And the 2 associate countries are – Ukraine and Turkmenistan. The contribution of CIS nations in the world’s exports was 2.6% in 2016, which declined from 2015’s 3%.
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US Exports Crude Oil

US Crude Oil Exports 2017 – First-ever Crude Oil Shipment Reaches India

In a historic move towards boosting bilateral trade, US has lifted 40-year-old ban on crude oil exports by supplying 1.6 million barrels parcel to India. First shipment of crude oil from America’s Texas was arrived at India’s Paradip Port on 2nd October 2017. USA supplied crude oil to India at the cost of $2 less per barrel than Dubai rate. The complete shipments of HS Code 2709 are likely to reach by March next year.
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Alcoholic Beverage Exporting

Top 5 Alcoholic Beverage Exporting Countries of India

United Kingdom stood as largest alcoholic beverages exporter country of India. India is majorly importing alcoholic drinks with the value of 69.35% from United Kingdom only. From April to June 2017, United Kingdom exported to India around 350 brands of alcoholic beverages with the value of USD 42886209. The alcoholic drinks brands in India like Johnnie Walker, Chivas Regal, Black Dog, Ricard etc. are the most exported beverages from UK.
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Printing Machine Data

Global Trade of Printing Machinery Stood Above USD 90 Billion in 2016

A printing machine is a device that accepts text and graphic output from a computer and transfers the information to paper. The printing industry is one of the main and largest industry in import export business worldwide. The printing machinery HS code is 8443 and it is used for printing by means of plates, cylinders and other printing components. China is the largest printing machine exporter country in the world while USA is the largest importer for the same.
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Vehicles Trade Data

Vehicles Import Export - Germany Top Vehicle Exports Market

Vehicles are one of the world’s most exported product that recorded the highest dollar values in last years. It is the 4th largest imported and exported global product after electronic equipment, machinery and mineral fuels. Vehicles come under HS code 87 including vehicles other than railway or tramway rolling stock, parts and accessories. Motor cars and other motor vehicles principally designed for the transport of persons which come under HS code 8703 are the most traded vehicles in world.
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Electrical Machinery Data

Electrical Machinery is the Most Traded Global Product

Electrical Machinery is a general term for electric motors and electric generators and other electromagnetic machines. It is also called electromechanical energy converters. An Electric motors convert electricity to mechanical power while an electric generator converts mechanical power to electricity. The product under Chapter 85 i.e. electrical machinery and equipment and its parts, are the most exported and imported global product.
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Rubber Data

Rubber Export Import in World - Trade Statistics & Country Outlook

The health of the worldwide rubber market largely depends on the tire industry that consumes majority of both natural and synthetic rubber production. While tire demand is projected to rise modestly in developed countries, consumption in developing countries will be benefiting from boosting living standards and resulting higher numbers of vehicle purchases. Over the last decade, China has become a major exporter of rubber. And United States of America is the largest importer of rubber.
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Natural Gas Data

Natural Gas Import Export Data-International Trade Outlook

In spite of recent efforts to focus on renewable energy resources, natural gas still remains an essential commodity. It is used for everything ranging from heating to cooking & lighting. This gas is the third most used fuel after coal & oil; however it is cleaner due to discharge of lesser amounts of harmful substances. Natural gas import export data shows that United States of America and Russia are the two largest producers of natural gas around the world.
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Machines Trade Data

USA & China Top in Automatic Data Processing Machines Global Trade

The United States of America and China competes each other neck-to-neck in global trade of automatic data processing machines. USA stood as the largest importer of automatic data processing machines, while China supplied these machines the most in year 2016. This means both the countries settled in list of top importer and exporter countries of automatic data processing machines in 2016. Let’s have country-wise analysis of international trade of automatic data processing machines.
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Miscellaneous Chemical Data

Import and Export of Chemical Products Crossed USD 170 Billion

Chemical Industry is one of the most significant contributors to the growth and development of global economy. Miscellaneous chemical products are one of the most imported and exported global product. United States of America is the chemical product exporter country while China is the largest chemical product importer country in the world. The top 5 countries like China, USA, Germany and France are the major chemical products exporters as well as major importers in the world.
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Gold Data

Gold Import Export Data - World’s Largest Gold Traders

Global sales from gold exports by countries in 2016 amounted to USD 327787 Million. Among continents, Asian countries accounted for the highest dollar worth of gold exports during the year 2016 with shipments amounting to USD 121853 Million which represents 37.2% of the worldwide total. The 4-digit HS code prefix for unwrought or semi manufactured gold is 7108. Switzerland is the largest gold exporter country as well as largest in gold importers in the world.
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Countries of Wood

Wood Import Export Data – 5 Largest Countries of Wood Articles

The wood industry is concerned with forestry, logging and timber trade. Some major wood exporters are also major wood importers like China, USA and Germany. China is the largest wood exporter as well as importer country in the world. Here, we take a comprehensive look at the top importing and exporting countries of wood and articles of wood; wood charcoal.China rank 1st in the list of wood exporters (countries) across the world.
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Steel Trade Data

Import Export of Iron and Steel - Iron and Steel Industry Trade Data

Iron and Steel Industry are one of the largest trade industry in the world. Iron and Steel are the key products for global economy. Pure iron is a silvery-white metal that’s easy to work and shape and it conducts electricity and heat very well. Steel is just another type of iron alloy but it has much lower carbon content than cast and other metals. The Iron and Steel HS code is 72. China is the largest iron and steel exporter country while Germany is the largest importer country in the world.
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Footwear Trade Data

Footwear Exports Fetch USD 133 Billion in 2016 Globally

China is the largest footwear exporter country while USA is the largest footwear importer in the world. China footwear exports represent 35.5% worldwide total. The HS Code of Footwear, gaiters and parts of such articles is 64. The year 2016 has been a year of ups and down for footwear manufacturers and some clouds ate still hanging over 2017. In this article, we are providing the details of top importer and exporter country of footwear, gaiters and its parts.
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Furniture Trade Data

China Furniture Exports Represent 38% Worldwide

Many of the top furniture exporters are also major importers like Germany, USA and Canada. The product under HS code 94 includes furniture; bedding, mattress supports, cushions and similar stuff furnishings. This is one of the largest global product in import export business. China is the top furniture exporter country while USA is the top furniture importer country. Ever wonder which countries export or import the most furniture?
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Chemicals Trade Data

Organic Chemicals Trade Data - A Comprehensive Global Market Outlook

The organic chemicals come under HS code 29. If we go through the recent trade statistics of the year 2016, the world’s organic chemical import value is USD 376346185 thousand while the world’s organic chemical export value is USD 348764076 thousand.USA is the largest organic chemical importer country while China is the largest organic chemical exporter country in the world. India is the 5th largest organic chemical importer country and recorded value of USD 14767091 thousand during the year 2016.
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Plastic Trade Data

Plastic Import Export Data-China is No.1 Plastic Trader Country

Plastic is one of the most traded global product and Polymers of ethylene is the most exported plastic item.. Plastics and articles thereof come under Chapter 39 which includes polymers of propylene, polymers of styrene in primary forms, acrylic polymers, polyamides, silicones etc. As per the trade map data, global sales from plastic item exports by countries amounted to USD 543402380 thousand while the world’s plastic import value recorded USD 547,497,323 thousand in the year 2016.
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International Diamond Trade

USA in Imports & India in Exports Top on International Diamond Trade

The United States of America is the largest buyer of diamond all over the world, which is followed by India. And in exports, India is the top most supplier of diamond globally. USA is also a second largest exporter country of diamond. As per diamond trade statistics of 2016, USA share 20.9% import value and India share 18.9% export value internationally. Want to know more about worldwide trade of diamond?
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Exports and Imports

Germany is 2nd Largest Country in Exports and Imports of Aluminium

Aluminium is one of the top global product which is mostly exported and imported. It is a good conductor of heat and electricity. It can be hammered into sheets or pulled out into wires. The HS code of Aluminium is 76. Some major aluminium exporters like China and Germany are also the major aluminium importers across the world. China is the largest aluminium exporter country while USA is the largest aluminium importer country.
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Top 10 Petroleum Importer and Exporter Countries

Top 10 Petroleum Crude Oil Importer and Exporter Countries

Crude oil is a non-renewable resource which is usually found in reservoirs. It exists as a liquid and yellowish black in colour. It is a mixture of hydrocarbons and organic compounds. Petroleum is a broad category which includes petroleum products and crude oil that are made up of refined crude oil. Petroleum products are produced from the processing of crude oil and other liquids at petroleum refineries.
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pharmaceuticals import export data

Pharmaceuticals Import Export Data 2016 - A Global Analysis

Pharmaceuticals products are a fundamental component of both modern and traditional medicine related to drug sciences. Pharmaceuticals are the 8th most exported and imported global product. In pharmaceuticals import export business, six types of products are included and come under following HS code – 3004, 3002, 3006, 3005, 3003 and 3001. The product under HS code 3004 are the most exported and imported pharmaceutical products.
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palm oil import export

Palm Oil Export and Import - Global Market View with Trade Statistics

If not known what it is or where it comes from, but almost every individual in the world use palm oil on the regular basis. It is the most widely consumed vegetable oil on the planet and used in various packaged products such as instant noodles, ice cream, shampoo, etc. Indonesia and Malaysia are the largest producers of palm oil in the world. It is crucial for their economies. India is the largest importer of palm oil globally.
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