Global Import Export Data Uses And Benefits

 Global Import Export Data is a necessity to run a business successfully, it is important for you to learn and know more about your potential market and business.

It is crucial to gather more information and knowledge about your field of interest before you fully commit yourself and start investing.

We at Exim trade data help you acknowledge the current situation of the international import-export trade market. Exim trade data is one of the best import export data websites that provides top-notch marketing intelligence reports and customs trade data on various global countries

Exim’s genius import-export market analysis reports and research data help you evaluate the market supply and demand in real-time.

We help you provide useful insights into the global market of import-export and offer complete transparency into the global trade market.

In this article, we will discuss some of the strategies being used by some of the listed countries for their import-export trade business.

Import-Export Strategies Of Tanzania

In terms of imports, Tanzania is the 113th largest exporter in the world and is situated in East of Africa.  In the year 2019, the total value of exported goods of Tanzania was estimated at around $4.9 billion.

Tobacco, edible vegetables & certain roots, cereals, precious stones & pearls, copper & articles, edible fruits & nuts, fish & crustaceans, oil seeds & oleaginous, spices, tea, mate & coffee are the main exports of this country as per Tanzania export data 2020.

These exports shared a value of 73% of total exports as per the trade statistics of this country.

Some Of The Top Export Partners Of Tanzania

India($727 million), Kenya ($221 million), South Africa ($743 million), Switzerland ($257 million), Uganda ($117 million), Belgium ($240 million), Rwanda ($102 million), DR Congo ($144 million), United Arab Emirates ($88 million), China ($143 million) are some of the top and major export partners of this country according to Tanzania export data 2020-19

Import-Export Trade Strategies Of Mexico

The country is situated in North America besides the United States. Based on data from 2019, Mexico was the 10th largest exporter in the world. The total worth of the exported goods in 2019 was estimated at around $460.7 billion.

Mexico is the world’s 16th and 10th largest economy in the world in nominal terms and by power parity purchase respectively.

Agriculture is the major economic sector of Mexico in which avocado, potatoes, and sugarcane are the top cultivating crops.

Top Exported Products and Export Partner Countries of Mexico

Based on Mexico Export Data from 2019, edible fruits & nuts, spirits & vinegar, beverages, vehicles, plastics, electronics, minerals fuels & oils, machinery, edible vegetables, furniture, optical/photographic & medical equipment are some of the top exports of this country.

The customs data of Mexico also discloses that Japan, Taipei, Brazil, the United States, Colombia, Germany, the United Kingdom, Colombia, China, South Korea,  are the major export partners of this country.

For info on Mexico import-export data, you can connect to us directly as we are the best Mexico export data provider on the globe.

Import-Export Strategies & Data For Pakistan Exporter

Based on Pakistan export data for the years 2018 & 2019, the total value of exported goods was estimated at around $24 billion.

The market research reports and market trade analysis of Pakistan show that Pakistan is among the 68th largest exporters in the world.

As per Pakistan export data, rags & textile articles are major exports of this country whereas the United States of America is the top export partner of Pakistan.

What Are The Major Exports and Export Partners Of Pakistan?

According to the customs data of Pakistan, cereals, cotton, not knitted apparel & clothing, knitted apparel & clothing, rags/articles & rags were the main exports of Pakistan in 2019.

The customs export data of Pakistan also reveals that Bangladesh, Spain, Germany, Italy, Netherlands, United Kingdom, United States, Afghanistan, United Arab Emirates, and China are the major export partners of Pakistan.

EXiM trade data provide import-export Data For Pakistan Exporters as well as global traders. The data that we offer at EXiM consists of information and details such as the date, product description, HS Code, total value, foreign country, port name, assignment info, shipping port, importer names, etc.

What Are The Strategies Turkey Uses For Its Global Trade Business?

 Turkey’s Import-Export Data is a collection of statistics and strategies the top exporters and importers of this nation use for their foreign trade. The market research and analysis reports of Turkey offer meaningful insights into the trade activities that take place in this country throughout the year.

The customized marketing intelligence reports of Exim trade data help you find new and active buyers and suppliers for your products and services in the overseas market across the globe.

The customs reports of Exim covers all the major fields related to trading business including, Date, Product Description, HS Code, Unit, Quantity, Rates, USD Value, Mode of Transportation, Port Name & Other Details, Name of Importer & Exporter, Address of Importer & Exporter, Origin & Destination Port & Country, etc.

The market intelligence reports of Exim trade data help you connect with the companies that match your business profile as per the requirements of your services.

Total Trade Value of Turkey Import-Export Data Year Wise

➢ The total trade value of Turkey imports in the year 2019 was recorded at $227.98 billion declined by 6.55% from 2018.

➢ The total trade value of Turkey imports in the year 2020 was recorded at $232.77 billion, an increase of 2.1% from 2019.

➢ The total trade value of Turkey exports in the year 2019 was recorded at $249.30 billion, an increase of2.64% from 2018.

➢ The total trade value of Turkey exports in the year 2020 was recorded at $205.73 billion declined by 17.48% from 2019.

Current Trade Statistics of Turkey

➢ Total Trade Balance of Turkey as of Nov 2021: $-5402.27 million

➢ Total Imports Vale of Turkey as of Nov 2021: $26908.47 million

➢ Total Exports Value of Turkey as of Nov 2021: $21506.20 million

➢ Current Account: $3156 (last)million and $1674 (previous)

The given data is based on the market analysis reports of Turkey trade statistics collected and sourced by the panel of experts from the most reliable and authorized sources of links.

What are the top products Turkey Imports the most?

Pharmaceuticals $5 billion (2.3%), Technical, Optical & Medical Apparatus $4.7 billion (2.2%), Steel & Iron $15.1 billion (6.9%), Organic Chemicals $5.9 billion (2.7%), Mineral Oils & Fuels $28.9 billion (13.2%), Machinery & Computers $25.2 billion (11.5%), Vehicles $15.3 billion (7%), Plastics & Articles of Plastics $11.7 billion (5.3%), Gems & Precious Metals $26.6 billion (12.1%), Electrical Machinery & Equipment $17.1 billion (7.8%) were the top imported products of this country during 2020 according to Turkey Import Data. The top imported products of Turkey accounted for 70.9% of the overall shipment value of Turkey imports in 2020.

Top trading partner countries of Turkey

Germany $15.9 billion (9.41%), United Kingdom $11.2 billion (6.62%), Italy $8.08 billion (4.76%), United States of America $10.1 billion (6%), Iraq $9.14 billion (5.38%), Spain $6.68 billion (3.94%), France $7.2 billion (4.24%), Netherlands $5.19 billion (3.06%), Russia $4.5 billion (2.65%), Israel $4.7 billion (2.77%) were the top export partner countries of this country in 2020 as per the Turkey trade statistics.

The data we provide helps you compare prices, Taxes, and Quantity of duty of goods and services being exported and imported into the global trade market through Exim’s smartly developed tools and data.

For more info, you can connect to us directly or visit our official website for a quick and on-point overview of your current import-export trade statistics and strategies.

Tanzania Customs Import-Export Data And Shipment Records

 Tanzania Import-export data is an essential source of information developed by the field of experts and professionals that consists of crucial information related to the trade activities of this country across the globe.

For the authenticity of data and to make sure the data we provide is 100% genuine, authentic, and reliable, we conduct various operations on the global trade market and create analysis reports and source data from various authorized sources of links such as Authorized Customs Departments, Logistics & Shipping Companies, Trade Associations, Port Authorities, Government Bodies, and some other authoritative links.

The marketing intelligence that Exim provides allows you to monitor the overall trading activities of various global countries in the global trade markets.

Traders and merchants use Tanzania’s import-export data for their business planning, expand their business in the overseas markets, and use it as a database for conducting market analysis.

Tanzania import-export custom trade data is consists of several essential and vital details related to Tanzanian trade data including all the statistics and strategies such as HS Code, Date, Products Description, Origin of the Country, Destination Country, Mode of Transportation, Port Name & Details, Shipment & Consignment Details, importer & Exporter Name, Address of Exporter & Importer, Rates, Weight, Quantity, Volume, Unit, Total Value USD, etc.

Trade Statistics of Tanzania 2020

Given below Tanzania Import Data Year-Wise is developed by the Exim Trade Data sourced from various authorized sources of information on global trade from all over the world to assist you and your business in various business operations and decision-making processes.

➢ In 2017, total imports of Tanzania totaled $9.12 billion, a decline of 3.95% from 2016.

➢ In 2018, total imports of Tanzania totaled $10.21 billion, an increase of 11.94% from 2017.

➢ In 2019, total imports of Tanzania totaled $10.36 billion, an increase of 1.55% from 2018.

➢ In 2020, total imports of Tanzania totaled $9.55 billion, a decline of 7.81% from 2019.

Exports Trade Value of Tanzania 2020

➢ In 2017, total exports of Tanzania totaled $8.07 billion, a decline of 0.8% from 2016.

➢ In 2018, total exports of Tanzania totaled $8.40 billion, an increase of 4.07% from 2017.

➢ In 2019, total exports of Tanzania totaled $9.79 billion, an increase of 16.48% from 2018.

➢ In 2020, total exports of Tanzania totaled $8.92 billion, a decline of 8.84% from 2019.

Exim Trade Data is one of the best and leading customs import-export data services, solutions, and marketing strategy provider companies across the globe. For more insights into the Tanzania import-export data, you can connect to us directly and book a free demo, and get a quick overview of your import-export trade business from our professionals.

What are the Main exports of Tanzania?

Based on market analysis reports and Tanzania export data, Precious Metals & Gems $1.7 billion, Copper $476.3 million, Ash, Ores & Slag $416.9 million,  Oil Seeds $262.8 billion, Edible Fruits & Nuts $416.5 million, Spices, Coffee & Tea $210.6 million, Vegetables $219.8 million, Fish $152.4 million, Cereals $157.1 million, Tobacco & Manufactured Substitutes $201.4 million were the top exported products of this country according to Tanzania Export Data 2020. These major export categories covered 80.8% of the overall global shipment value in 2020.

Tanzania Import By Country

The market analysis reports show China 1,762 million, United Arab Emirates $871 million, India $1,217, Saudi Arabia $568 million, Kenya $247 million, South Africa $437 million, Germany $220 million, United States $237 million, Turkey $170 million, and Japan $398 million were some of the major import partners of Tanzania according to the Tanzania import data.

The custom import-export data Exim Trade Data provides helps trading partners evaluate potential buyers and suppliers based on their trading history and shipping records.

For more info on any global country, you can visit our official website and ask for free sample data or even book a free demo to get the overall overview of your trade business.

Mexico Total Imports-Exports Value & Custom Shipment Data

 Mexico Import Data is an effective tool created and developed by the field of exports and professionals that contains essential information related to the trade activities that take place in this country.

Mexico custom trade data is consists of several essential and vital details related to Mexico trade data including all the statistics and strategies such as HS Code, Date, Products Description, Origin of the Country, Destination Country, Mode of Transportation, Port Name & Details, Shipment & Consignment Details, importer & Exporter Name, Address of Exporter & Importer, Rates, Weight, Quantity, Volume, Unit, Total Value USD, etc.

The marketing intelligence that Exim provides allows you to monitor the overall trading activities of various global countries in the global trade markets.

Traders and merchants use Mexico import-export data for their business planning, expand their business in the overseas markets, and use it as a database for conducting market analysis.

The custom import-export data Exim Trade Data provides helps trading partners evaluate potential buyers and suppliers based on their trading history and shipping records.

Mexico Total Import-Exports Value Year-wise 

➢ In 2019, Mexico’s import value totaled $495.91 billion, a decline of 1.78% from 2018.

➢ In 2020, Mexico’s import value totaled $407.76 billion, a decline of 17.8% from 2019.

➢ In 2019, Mexico’s export value totaled $492.73 billion, an increase of 2.68% from 2018.

➢ In 2020, Mexico’s export value totaled $431.45 billion, a decline of 12.44% from 2019.

Year-wise Mexico Export Data shows the total exports value of this country in recent years and provides useful insights into the global trade market to help you form a more effective trade strategy for your import-export trade business in the overseas market.

What are the Main Imports of Mexico?

Based on market analysis research reports Electrical Machinery & Equipment $82.9 billion (21.6%), Vehicles $32.1 billion (8.4%), Plastics & Articles of Plastics $21.9 billion (5.7%), Electronics & Computers $65.9 billion (17.2%), Mineral Oils & Fuels $25.1 billion (6.6%), Aluminum $5.9 billion (1.5%), Organic Chemicals $7.5 billion (1.9%), Technical, Optical & Medical Apparatus $15.7 billion (4.1%), Steel & Iron $8.8 billion (2.3%), and Articles of Steel & Iron $8.2 billion (2.1%) were the top imported products of Mexico according to the Mexico import data 2020.

Mexico Exports By Country

The market analysis reports of Mexico trade suggest North America $8.74 billion, United States of America $330 billion, Canada $11.1 billion, China $7.78 billion, Japan $3.62 billion, Germany $6.58 billion, United Kingdom $2.61 billion, Brazil $3.02 billion, Korea $3.42 billion, and other Asia Countries $4.32 billion were the top export partners countries of Mexico in 2020.

To make sure the data we provide is 100% genuine, authentic, and reliable we source data from various authorized sources of links such as Authorized Customs Departments, Logistics & Shipping Companies, Trade Associations, Port Authorities, Government Bodies, and some other authoritative links.

For more info on any global country, you can visit our official website and ask for free sample data or even book a free demo to get the overall overview of your trade business.

Sri Lanka Total Imports-Exports Value & Custom Shipment Data

 Sri Lanka Import Data is a powerful tool that contains crucial and essential information about the trade activities that take place in this country.

Traders and merchants use Sri Lanka import-export data to make business plans, expand their business in the overseas markets, and use it as a database for conducting market analysis.

The custom import-export data Exim Trade Data provides helps trading partners evaluate potential buyers and suppliers based on their trading history and shipping records.

The marketing intelligence that Exim provides allows you to monitor the overall trading activities of various global countries in the global trade markets.

Sri Lanka custom trade data is consists of several essential and vital details related to Sri Lanka trade data including all the statistics and strategies such as HS Code, Date, Products Description, Origin of the Country, Destination Country, Mode of Transportation, Port Name & Details, Shipment & Consignment Details, importer & Exporter Name, Address of Exporter & Importer, Rates, Weight, Quantity, Volume, Unit, Total Value USD, etc.

Sri Lanka Total Import-Exports Value Year-wise

● In 2019, Sri Lanka’s import value was totaled $24.57 billion, a decline of 8.33% from 2018.

● In 2020, Sri Lanka’s imports value was totaled $18.51 billion, a decline of 24.63% from 2019.

● In 2019, Sri Lanka’s exports value was totaled  $19.42 billion, a decline of 4.15% from 2018.

● In 2020, Sri Lanka’s exports value was totaled  $13.38 billion, a decline of 31.09% from 2019.

For more info on Sri Lanka exports, you can buy Sri Lanka export data year wise on affordable and reasonable prices from Exim Trade Data.

What Are The Main Exports of Sri Lanka?

Based on market analysis reports Knit or Crochet Clothing & Accessories $2.5 billion (23.8%), Coffee, Spices & Tea $1.6 billion (15.3%), Rubber & Rubber Articles $870.5 million (8.1%), Not Knit or Crochet Clothing & Accessories $1.6 billion (14.8%), Mineral Oils & Fuels $298.5 million (2.8%), Fish $214.9 million (2%), Electrical Machinery & Equipment $274.1 (2.6%), Vegetables, fruits & Nuts $192.1 million (1.8%), and Paper yarn & Woven Fabric $196.9 million (1.8%) were the top imports of Sri Lanka according to Sri Lanka export data 2020.

Sri Lanka Exports By Country

The market research reports of Sri Lanka show United States $2.66 billion, United Kingdom $956.07 million, India $654.44 million, Germany $611.78 million, Italy $477.32 million, Belgium $313.33 million, Netherlands $307.59 million, China $252 million, Canada $226.35 million, Turkey $224.93 million,  United Arab Emirates $214.91 million were the top exports of this country as per Sri Lanka Export Data. 

To ensure that the data we provide is 100% genuine, authentic, and reliable we source data from various authorized sources of links such as Authorized Customs Departments, Logistics & Shipping Companies, Trade Associations, Port Authorities, Government Bodies, and some other authoritative links.

For more info on any global country, you can visit our official website and ask for free sample data or even book a free demo to get the overall overview of your trade business.

US Import Trade Data

 The custom import data of the USA shows that in 2020, the USA was the world’s top importer country. The total import value of the nation in the years 2019 and 2020 was worth around $2,568 billion and $2,407 billion respectively.

Based on customs Us Import Data By Country, Switzerland ($75.5 billion), South Korea ($78.3 billion), Mexico ($328.8 billion), China ($457.1 billion), Canada ($277.3 billion), Ireland ($65.7 billion), Vietnam ($83.2 billion), Japan ($122.4 billion), Germany ($117.4 billion) were some of the major import partners of this nation during 2020.

The trade statistics of the USA also show that Vehicles (10.5%),  Mineral Oils & Fuels (5.4%), Photographic, Optical Medical Equipment (3.7%), Pharma Products (5.8%), Mattresses, Furniture & Bedding (2.7%), Precious Stones & Pearls (4.4%), Electrical Machinery & Equipment (14.2%), and Machinery (15%) were some of the major exported products of this nation in 2020.

Current Stats Of The United States

❖ Trade Balance: $-80934.00 million

❖ Exports: $207558.00 million

❖ Imports: $288492.00 million

❖ Current Account: $-190282

❖ GDP Growth Rate: 2.1%

The data EXiM trade data offer is based on factual researched data such as invoices, shipping bills, import bills, and some other mandatory documents required for import-export trade business across the globe.

Looking Deep Into Turkey Import Data

The Turkey import data that we provide is a collection of statistics, strategies, and information being used by various successful businesses across the globe.

The data that we provide helps you understand the ongoing market trend and demand and various other import-export activities of global countries.

To make sure that we provide you authentic, accurate, genuine, and reliable import-export global trade data, we derive information from authorized customs departments such as Trade Associations, Shipping & Logistics Companies, Port Authorities, Various Government Bodies, and so on.

According to the trade statistics and Turkey import data, South Korea, France, Russia, Germany, Italy, China, United Arab Emirates, Iraq, Switzerland, and the United States were the top import partners of this nation during 2020.

Getting To Know Mexico’ Import Trade Strategy

The customized import data of Mexico that we provide includes information such as Name of the Importer, Exporter Name, Address of Importer & Exporter, Shipping Details, Port Name, Products Description, Consignment Details, Mode of Transportation, Quantity-Value & Unit, HS & HSN Code, tec.

Based on Mexico Import Data 2020, Aluminium, Electronics, Plastics, Articles of Iron & Steel, Medical Equipment, Iron & Steel, Organic Chemicals, Mineral Fuels & Oils, Machinery, and Vehicles were some of the most imported products of this country.

The data we provide is based on factual information such as invoices, port bills, shipping bills, and some other essential import-export documents needed for trade across international borders. This data helps you evaluate the overall situation of the global market, and helps you form a better and more effective import-export trade strategy for your trade business.

For more info & query on global import-export trade data, you can connect to us directly at or visit our site as we offer the world’s best global import-export trade business services and solutions.

Pakistan Import-Export Data and Its Trade Statistics

 Pakistan is a country situated in South Asia officially known as the Islamic Republic of Pakistan. Pakistan is the 5th most populous country and ranked among some of the emerging and growth-leading economies in the world.

The value of all goods and some other market services received from the rest of the countries in the world is represented by the imports of goods and services.

They consist of the value of insurance, freight, travel, merchandise, license fees, royalties, transport, and some other services such as government services, communication, information, financial, personal, business, construction.

They exclude factor services such as investment and employee income, and transfer payments.

Exim import data contains all the important and crucial information on global as well as Pakistan shipment covering all the necessary fields such as the location it originated from to the port’s name and address it is going to ship, product’s description along with the date the shipment had originated on, when and where the shipment is going to arrive and in what quantity, etc. We not only provide data at the global level, but we also provide Data For Pakistan Exporters.

Pakistan Import Data Year-Wise

➢ In the year 2017, Pakistan’s exports were $53.59 billion, an increase of 19% compared to the year 2016.

➢ In the year 2018, Pakistan’s exports were $56.53 billion, a decline of 17.82% compared to the year 2017.

➢ In the year 2019, Pakistan’s exports were $56.53 billion, a decline of  10.46% compared to the year 2018.

➢ In the year 2020, Pakistan’s exports were $43.86 billion, a decline of 22.42% compared to the year 2019.

Pakistan Export Data year-wise;

➢ In the year 2017, Pakistan’s exports were $25.15 billion, a decline of 1.32% compared to the year 2016.

➢ In the year 2018, Pakistan’s exports were $28.22 billion, an increase of 12.22% compared to the year 2017.

➢ In the year 2019, Pakistan’s exports were $28.15 billion, a decline of 0.25% compared to the year 2018.

➢ In the year 2020, Pakistan’s exports were $25.26 billion, a decline of 10.29% compared to the year 2019.

Major Import-Exports Of Pakistan As Per Pakistan Import-Export Data

❖ Pakistan’s Imports

Organic Chemicals 4.7% ($2.3 billion), Mineral Fuels & Oils 28.7% ($14.4 billion),  Iron & Steel 6.1% ($3.1 billion), Industrial Machinery & Parts 9.4% ($4.7 billion), Electronics 8.5% ($4.2 billion) and so on are some of the top Import categories of Pakistan as per Pakistan import data.

❖ Pakistan’s Exports

Cereals 9.9% ($2,375.6 million), Articles, Textile, Rags, etc 17.9% ($4,070.6 million), Clothing & Not Knitted Apparels 12.7% ($3,028.7 million), Cotton 13.6% ($3,252 billion), Clothing & Knitted Apparels 12.7% ($3,028.7 million) and such more are Pakistan’s major exports as per Pakistan export statistics.

Top Import-Export Partners of Pakistan ( Value USD %)

❖ Top Import Partner 

Indonesia (4.4%), Kuwait (2.5%), Saudi Arabia (4.9%), Qatar (4.4%), Thailand (2.1%), Japan (2.7%), United States of America (5.2%), United Arab Emirates (12.6%), China (24.8%), and other (34.1%) are some of the top import partners of Pakistan as per Pakistan Import data.l

❖ Top Export Partners 

Bangladesh (3.3%), Netherlands (4.4%), UAE (5%), Spain (4%), Germany (5.6%), Italy (3.4%), Afghanistan (5%), United Kingdom (7.1%), United States of America (17%), China (8.6%) are some of the top export partners of Pakistan as per Pakistan Export data and its trade statistics.

CONCLUSION

In order for you to run a successful business in import and export, you must have authentic and accurate data on import and export that includes all the important and essential information about companies and businesses.

EXiM trade data is one of the best, reliable, and trusted import-export trade data providers and market research companies.

EXiM import-export data help provide you with the most authentic, in-depth, and up-to-date import-export trade data strategies that help you reduce the risk and maximize the profit in the import-export business.

With our year-wise Pakistan import-export trade data, you can find new suppliers and buyers for your products and analyze the current market flow and trends in real-time.

For any query related to the import-export trade data, feel free to connect to EXiM import-export data services at info@eximtradedata.com. or visit site:https://www.eximtradedata.com

Getting To Know Global Import-Export Trade Business With EXiM Trade Data

 Market research and market analysis have become an essential and crucial part of every economic life. In today’s date, almost every kind of item can be found in the global market such as clothes, food, spare parts, jewelry, currencies, and so on at cheap and reasonable rates.

The customs data that EXiM provides is based on consignment information that includes essential and crucial details such as the name of the company, description of products, etc.

This information plays a vital role in getting insight into the vast import-export market and trade business on an international level.

The data EXiM provides is sourced from information such as import-export bills, shipping bills, invoices, and some other import-export documents that are essential to do import-export trade business across international borders.

To help take their business on a greater and higher level, our team of experts sources relevant data from transaction reports providing useful insight into the global import-export market to our clients in real-time. Giving potential opportunities to our clients to form a better, reliable, and more effective trade strategy for their business.

Looking IntoIndonesia Import Data

The total import value of Indonesia for the years 2019 & 2018 is estimated at $171 billion USD and $189 billion USD respectively.

As per Indonesia import data, we can see a decline of 9% which is $17.4 billion in the total imports value of Indonesia. Based on Indonesia trade data, industrial machinery & parts are the major imports of this country.

EXiM you can get free sample data for Indonesia trade statistics or if you want, you can also ask for a live demo session on EXiM Trade Data or can connect to us directly at info@eximtradedata.com

The customs data that EXiM provides converse several essential fields of Indonesia shipment data.

Tanzania Import Data & Its Trade Statistics

The country is situated in East Africa and in terms of global imports, the country is at 112 positions.

In the year 2019, the total value of Tanzania imports is estimated at $11 billion USD as per Tanzania import data.

Market research reports of Tanzania show that iron & steel, pharma products, motor vehicles & parts, plastics, chemical products, fats & oils, mineral fuels & oils are some of the main imports of the country.

EXiM custom import data provide complete transparency into the nation's import activities.

The custom data that EXiM provides gives you a full perspective of the nation's import trade business and market and also assists you to track top competitors’ activities, identify potential industries, find potential business partners, etc.

Brazil Export Data

In the year 2020, Brazil was at the 27th position in terms of global exports. Market research and analysis reports, in the year 2020, the total value of Brazil’s export was estimated at $209.8 billion US dollars which is comparatively down by -6.3% compared to 2019.

Landing data bill of Brazil shows that in Latin America Brazil is the largest economy, 9th largest economy in the world, and 8th largest in power parity purchase.

As per the market research reports and Brazil export data, Iron & Steel, Slag & Ash, Mineral Fuels & Oils, Meat, Ores, Sugar are some of the main exports of the country.

According to Brazil’s export statistics, the Netherlands, the United States, Canada, Argentina, and China are some of the top export partners of this country.

CONCLUSION

If you are someone new in the industry of import and export and need guidance or assistance regarding import-export business, you can connect with us at  info@eximtradedata.com as we provide digitally analyzed marketing researched import-export data that help you understand the current trend and flow of the market. We provide in-depth authentic import-export data that help you enhance, attract and target potential markets for your services and products.   

 

Are You Looking PAKISTAN’S TRADE STRATEGY and Data for Pakistan Importer Data

 What are the objectives and development does Pakistan’s trade policy and strategy look to achieve? For the last forty years, many developing economies and countries have captured the coat-tails of the global trade boom and jumped up the growth ladder by following an export-led growth strategy. 

This strategy has frequently not been incorporated into a broader “ industrial policy” which has yet to accelerate industrialization while engineering a fabrication transformation of the economy; initially stepping from agriculture to industry, and later labor. From intensive low value-added exports to capital-intensive production involving innovation and technological sophistication.

With hardly any exceptions, the most successful arising economies of today have pursued an export-led trail for growth. While this growth strategy includes a myriad of policy interventions, each successful exporting nation follows a series of policies tailored to its specific needs & requirements. The general elements are as follows:

❖ Administration of export incentives

❖ Subsidized credit 

❖ A depreciate exchange rate 

❖ Selective liberalization of imports

While India may be quoted by some as an example of an economy that developed without a clear export-led strategy, the unprecedented growth in its manufactured exports over the past two decades has been a significant driver of growth. For example, while China’s exports have increased more than six-fold since the year 2000, India’s exports have grown more than five-fold, placing it second in the list of top-performing exporting countries during this period. Other top-performers have been Turkey, Vietnam, Bangladesh, and Cambodia.

Comparatively, Pakistan’s exports have grown 2.7 times during this period, making it one of the low achievers on this score.

It’s obvious, Pakistan has not done well in this regard. It is difficult to understand a clear long-term strategy that Pakistan has adopted with respect to export promotion over the past three decades, except in the Ayub-era push towards rapid industrialization, where a number of incentives were provided to industry and the export sector.

If anything, seeable and absurd- patterns appear when Pakistan’s trade administration and performance in recent times is critically examined: the policymakers of the country have a definite import bias rather than a distinct export bias.

The most conspicuous illustration of anti export policy bias and the almost unwanted emphasis on imports dates from the Musharraf Shaukat Aziz period. The nominal exchange rate was kept firm for several years, resulting in a real recognition of the rupee at a time when almost all successful exporting countries were actively using the frail currency as a policy tool to boost their exports.

Additionally, the State Bank of Pakistan unlatched the pecuniary tap and began downpouring the economy with cheap loans. A large portion of this credit was used to finance import-based consumption and subsequently, hundreds of billions of consumer loans were written off from banks’ balance sheets as myriad SBP- engineered credit bubbles burst.

In addition, import tariffs were drastically reduced. Pakistani negotiators signed on to lower ‘binding’ tariffs under the WTO than other developing countries. And above all, Pakistan went ahead and signed a Free Trade Agreement with China in the year 2006-only the third country to do so.

As a result of these erroneous policies, Pakistan’s imports increased, far exceeding exports, setting the stage for the biggest crisis of payments in the country’s history. To put this in perspective, as of 2008, the country’s imports exceeded US$40 billion, with exports funding less than 50% of the import payments.

More disastrously, the country’s manufacturing sector was hit by the opening up of all kinds of imports. At a time when the share of manufacturing in GDP increased in many countries of Asia, the share of Pakistan’s manufacturing sector in GDP decreased, as did its share in employment and new investment. During this period, many industries either closed down or came under pressure, including the manufacture of footwear, ceramics, and tyres. Massively low invoices and uncontrolled smuggling have compounded the industry’s problems.

While Pakistan has gone down the path of full-scale opening up of imports into the economy, successful exporting nations have adopted a more cautious liberalization of imports, restricting free imports into the export sector through bonded warehouses and export processing zones.

Some enthusiasts of “free trade” trust that the economy needs efficiency-boosting “constructive destruction”, and opening up to import is an upright way to achieve this. Despite the appeal of the free trade argument, no country exercises this approach. Therefore, the United States protects its auto, steel, and financial services industry- and deliberately subsidizes the agricultural and defense sectors. Japan protects its steel, agriculture, etc. whereas South Korea guarded shipbuilding for years, while the European Union has granted thousands of billions in subsidies for its “incompetent” agriculture.

Furthermore, to reduce the level of security of domestic agriculture and industry at a time of serious provocations such as the internal security circumstances and the energy predicament of the past seven years, and expect these sectors to enhance their efficiency under such circumstances and in some cases in opposition to subsidized competition are a prescription for disaster.

CONCLUSION

Pakistan needs to update its current import-export strategy and should learn from the policy experience and current exercise of big & successful economies, including India, and proceed towards greater liberalization in a phased and systematic manner.

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