How Trade Intelligence Report can Help Indian Importers

to find new supplier?

Overseas exporters and importers face stiff competition in the international markets, though there are

immense number of players available in the market but owing to incessant rising input cost and ever

changing technology to produce the better quality product at lower price is making road tough for Indian

importers to find a cost-effective supplier to produce a competitive products for its prospective

customers. Actually, in many countries due to availability of rich natural resources the same product can

be produce at very lower cost and countries having production of such goods more than their domestic

consumption use to export in other countries and increase money inflow in the country.

To find such countries and companies producing relevant goods at lower cost with the acceptable level of

quality you have to track and analyze the import export data of different exporters from different

countries offering similar products. The data contains the shipping records of traded goods with the

quantity and price you can find the prospective suppliers offering products or raw materials at cheaper

price.

But merely this trade data is not enough to find an expedient seller you need a comprehensive reports

like trade intelligence report which can give you a detailed information for every bit of transition of goods

from one country with the complete products descriptions and quotations. So, let’s find out what type of

information you can find and how it can help you to minimize the overall cost of your production to grow

your business profitably to attain a reputed organization in the marketplace.

Find new source of Goods Suppliers

While searching for cheaper and better quality raw material or other input products you will also find new

markets from where these products are easily available. There are many suppliers in the several

countries also in hunt to find new buyers for their products so you will meet with different trading partners.

In some countries due to abundance few products are available at much lower cost to other countries and

while analyzing trade intelligence report you will also get to know your competitors in the markets.

With Low-cost products Importer can find new markets

Indian Importers can acquire statistics of particular goods imported from various countries, they can

compare the rates and quality to find new markets and source of suppliers for procuring raw materials at

cheaper rates. You can explore country-wise, product-wise and rates-wise and select a most expedient

partner which can supply you low-cost inputs to minimize the overall cost of production and help you to

find attractive buyers with the best competitive price in the existing as well as in new markets.

Decrease Dependency on Single Source of Supplier

While searching for new source of suppliers you will minimize the reliance on one single source of

supplier and it will reduce the risk of inward goods supply to ensure the timely production of finished

products. You will have list of potential sellers offering the same products at competitive price and in

future in case of urgency you can contact them if case your current supplier not ready to deliver you

timely or cost-effectively.

For more information please visit our website : http://www.exportgenius.in

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