What is Customs Data?

Customs data, also known as customs bill of lading, is the collection of import and export statistics generated by customs authorities in the course of performing their trade statistics functions. These data primarily come from authentic document records such as customs declarations, bills of lading, and inspection certificates, reflecting the import and export transactions of goods across various countries.

The fields in customs data typically include: product name, detailed product description, brand, variety, quantity, amount, unit price, unit of measurement, port, clearance date, mode of transport, trade method, payment method, among others. The specific data available can vary by country.

Advantages of Customs Data

The main advantage of customs data is its ability to directly display the export records of competitors and the import records of target customers. By deeply analyzing these data, businesses can timely, comprehensively, and accurately understand market trends and analyze the commercial landscape of overseas markets. This makes customs data an invaluable resource to find customers that align with a business’s product and service offerings.

Customs data serves not only as the most direct basis for countries to grasp changes in international trade and formulate trade policies, but also as an efficient and accurate resource for market exploration, corporate research, and foreign trade activities by businesses.

Applications of Customs Data Analysis

1. Understanding Foreign Import Conditions: Constantly keep track of foreign import conditions to explore new markets and find customers that might be interested in your products.

2. Identifying Potential Customers: Identify all customers in foreign markets, accurately distinguish high-quality buyers, and establish direct cooperation to find customers effectively.

3. Monitoring Product Structure Changes: Gain insights into product structure changes, grasp the latest market information, and monitor industry dynamics to better find customers that are aligned with market needs.

4. Monitoring Buyer Loyalty: Continuously monitor the procurement loyalty of existing buyers to avoid cooperation crises and to maintain long-term relationships with found customers.

5. Adapting Export Strategies: Fully understand the changes in market supply and demand to timely adjust export strategies and find customers in new and emerging markets.

6. Assessing Competitors: Track the development status of global competitors and adjust competitive strategies accordingly, helping you to better find customers by understanding the competitive landscape.

How to Use Customs Data to Find Customers

1. Search by Product Category and Keywords:

Utilize the product category and keyword search functions of customs data to filter out potential customers that match the company's products and services. For example, a company can search for import and export data related to its produced or sold goods to find customers.

2. Identify Relevant Companies and Industries:

By analyzing customs data, find companies and industries that correspond to the company's sector or products. For instance, one can search for companies or countries/regions that import or export specific products, and from these, filter out companies or industries related to the company's field as potential customers. This approach helps you to find customers that are specifically interested in your industry.

3. Use Importer and Exporter Information:

Customs data includes information on importers and exporters, which companies can use to find potential customers. For example, a company can search for lists of companies importing a certain product to find suitable importers as potential customers, or use exporter lists to find suitable export markets. This targeted search makes it easier to find customers who are already dealing in related goods.

4. Leverage Customs Data Analysis Tools:

Employ customs data analysis tools to aid in customer analysis and market research. Tendata, for instance, as a global customs data intelligence cloud platform, helps users quickly develop new customers, timely maintain existing customers, accurately match market demands, effectively monitor competitors, assist in market decision-making with professional reports, discover potential business opportunities, and expand into new markets. Through global transaction data, business data, statistical data, market information, and market research reports, Tendata can support users in their efforts to find customers.

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Conclusion

Utilizing customs data effectively can significantly enhance a company's ability to find customers and develop new business opportunities. By leveraging detailed import and export records, businesses can gain a comprehensive understanding of market trends, identify potential buyers, and tailor their marketing strategies to better meet the demands of the international market. Whether through direct searches, industry analysis, or advanced data tools, customs data provides the insights necessary to succeed in global trade.

The Importance of Developing Customers

Develop customers which is also the most commonly used function, through the search of product keywords, HS code to find interested high-quality customers; or according to the frequency of transactions, size, trading products and trading partners to screen the target customers; at the same time, combined with contact information, direct docking buyers.

Tendata T-discovery found 218 countries trade data + 198 countries and regions business data + 141 countries Internet data, three databases are fully connected, a search, no need to wait, the global target customers 0.01 seconds to present.(>>>> Click to apply for a free trial data)

1. Find buyers in your target market who are purchasing your products.

2. Monitor competitors, information collection and analysis of the competitive environment and competitive strategy.

3. Old customer maintenance, seamlessly and quickly observe the latest purchasing dynamics of each old customer at any time.

4. Accurately screen the quality of buyers and give the most accurate offer.

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