General

Home > News > General

Origin and necessity of customs data

2022-12-26

The origin of customs data is various import and export statistical data generated in the customs' performance of import and export trade statistics functions. In 1966, the United States was the first country in the world to release all customs data worldwide for the first time. The function of customs data has been constantly excavated, and customs data has gradually evolved into important information for studying the development trend of foreign trade economy and a powerful tool for foreign trade enterprises to "know themselves and their opponents" in business.

With the further opening of the Chinese market, a large number of enterprises will participate in the competition in the "global market". The accelerated pace of trade transparency will directly lead to the increasingly serious problem of information asymmetry faced by Chinese foreign trade enterprises.

In North America, for example, a large number of enterprises can obtain the international market quotations of any product from many countries in the world in about 5 seconds to 60 seconds without leaving home; Within one minute to three minutes, you can query the detailed transaction information of the varieties and specifications of the import and export commodities of the United States, Mexico, Canada, Southeast Asian countries and the world; It takes 3 to 5 minutes to find out the operation and production data of 10000 key enterprises at home and abroad in the current year or over the years; It takes 5 to 10 minutes to call up various laws, decrees and parliamentary records formulated by governments of various countries... "This group of data, which is not new in developed countries, is still both desirable and embarrassing for many Chinese enterprises.

Now, enterprises in the United States, Britain, South Korea, Hong Kong, China, India and other countries are conducting market expansion and competitor monitoring through trade intelligence, which has become an important basis for enterprise decision-making.

The value of customs data - the powerful tool of business war, the application of trade intelligence, has become an essential tool for Chinese enterprises in international trade, and has become the key to the success or failure of enterprises' international market strategy.

Some friends believe that customs data is an auxiliary tool for international trade. In fact, when China's foreign trade economy is gradually becoming a bottleneck, customs data, as one of the three major factors affecting trade, plays an important role in international trade. It is a business tool for enterprises to develop new customers, monitor peers, maintain old customers and make decisions.

Application of customs data deep mining:

– Keep abreast of foreign imports and open up new markets;

– Master all customers in foreign markets, correctly identify high-quality buyers, and establish direct cooperation;

– Understand the changes in product structure, master the latest market information, and monitor the dynamic development of the industry;

– Comprehensively monitor the purchase loyalty of existing buyers and avoid cooperation crisis in time;

– Comprehensively understand the changes in market supply and demand, and timely adjust the export strategy;

– Grasp the development status of global competitors and adjust competitive strategies at any time.


DISCLAIMER: All information provided by HMEonline is for reference only. None of these views represents the position of HMEonline, and HMEonline makes no guarantee or commitment to it. If you find any works that infringe your intellectual property rights in the article, please contact us and we will modify or delete them in time.
© 2022 Company, Inc. All rights reserved.
WhatsApp