Trade Data Provider
29-10-2024
Tendata and Export Genius are global trade data and market intelligence platforms that provide online access to import-export data to support business growth. Both platforms serve companies across various industries and regions seeking strategic insights for international trade.
Through these platforms, users can access import-export data from multiple countries. They offer data on importers, exporters, traded goods, current market prices, trends, and company contacts. Users can search and filter trade data using customizable dashboards. The dashboards allow admins to apply multiple filters, such as HS codes, product descriptions, country of origin/destination, and buyer/supplier details. These AI-driven platforms offer advanced data visualization and analytical tools, providing users with actionable insights from a wide global trade database. Users can identify new overseas buyers and suppliers, track price fluctuations, uncover market trends, and spot new opportunities. These insights empower users to make data-driven decisions that foster international trade. With their intuitive interfaces and extensive global trade data, companies can gain a competitive edge in the international market.
How do they differ? And if considering their services, which platform is the right fit?
1. Data Coverage and Sources
· Tendata: Offers shipping and customs data for 75 countries and mirrored data for over 218 countries, covering a large part of the world and providing unique customs data with specific details related to import-export data.
· Export Genius: Provides customs data for 53 countries and mirrored data for over 100 countries, which is derived from indirect customs data between two trading countries. Export Genius also has distinctive customs data offerings.
This difference highlights the variation in countries covered by their import-export data.
2. Search Results
· Tendata: Allows access to all company and contact information in countries where data is available, especially in East Asia, where import-export data can be linked to companies and their contacts. This makes it particularly valuable for companies aiming to expand into East Asia.
· Export Genius: Primarily provides detailed shipping records for U.S. companies, making it highly informative for companies targeting the U.S. market, including market, buyer, and supplier details. However, it lacks comprehensive company and contact details for other countries.
3. Reporting Tools
· Tendata: Has 19 distinct reporting formats, including Importer Summary, Exporter Summary, Country of Origin Summary, Destination Country Summary, HS Code Summary, and Port Summary reports. This variety makes Tendata an ideal choice for those needing a broader understanding of global markets or seeking global importers and exporters.
· Export Genius: Lacks reporting functionalities, requiring companies to retrieve and summarize data based on search filters. This limitation restricts companies from discovering new trade opportunities, monitoring competitor activities, or analyzing global supply chain dynamics related to import-export data.
4. Business Data Analysis
· Tendata: With a user-friendly interface, Tendata also provides advanced data visualization tools. Users can view detailed trade trends (including trade price, date, quantity) and see specifics on supply chains, suppliers, partner countries, and ports. Tendata offers unique insights for customer data analysis within the context of import-export data.
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· Export Genius: Provides basic data analysis and trend analysis tools but does not allow for detailed viewing or downloading. It includes simple company trade analysis visuals across five dimensions—trade trends, prices, HS codes, suppliers, and port data—but does not support global company tracking, limiting insights for businesses looking to monitor global market dynamics through import-export data.
5. Pricing
· Tendata: Its pricing is competitive for small and medium-sized enterprises (SMEs). Flexible subscription plans are available with multiple packages.
· Export Genius: Generally more costly, with pricing depending on the level of data access and specific regional data needs. Its pricing primarily caters to larger enterprises requiring extensive global data, although it can also be suitable for medium-sized businesses focused on specific regions.
6. Customer Reviews
· Tendata: With consistent data formatting, it is user-friendly, and data retrieval is straightforward, enabling users to quickly find foreign buyers and suppliers using import-export data. The database is comprehensive, covering numerous countries and regions with an intuitive interface. It is easy to navigate, making data retrieval both simple and efficient.
· Export Genius: Its AI-driven database is simple and intuitive with multiple sorting options. Customer support is highly rated for prompt issue resolution. However, the search results for importer or exporter names are sometimes lacking in valid contact information, and the interface has limitations in intuitiveness, as column widths do not save and reset with each search, making it harder to locate information in tables at a glance.
Conclusion
Both Export Genius and Tendata provide valuable access to import-export data, though they cater to slightly different needs:
· Choose Export Genius if you need in-depth insight into U.S. import-export activity. It is ideal for companies with international trade interests primarily focused on the United States.
· Choose Tendata if your primary focus is the global market, as it offers more detailed insights into a wider range of regions. Tendata is an ideal choice for companies focused on global import-export activities and market trends.
Ultimately, the choice between the two depends on your business's geographic focus, industry needs, and required depth of data analysis related to import-export data.
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