Trade Data Provider
30-10-2024
As companies move through global supply chains, platforms like Tendata and Panjiva provide the trade intelligence necessary to optimize operations, manage risk and analyze competitors. While they share core functionality, each has different strengths and target audiences.
Tendata Overview
Headquartered in China and specializing in import export data, Tendata is known for its detailed customs and import export data across more than 220 countries, helping companies identify suppliers, analyze market trends and track competitors. Tendata is often the first choice for small and medium-sized businesses looking for an affordable import export data solution to facilitate imports and exports.
Panjiva Overview
Panjiva, a product of S&P Global Market Intelligence, is known for providing detailed global import export data, with a particularly strong presence in North America and Europe. panjiva is known for its extensive data coverage and analytics capabilities, which allow companies to track shipments, identify suppliers, and assess risk in their supply chains. panjiva is often preferred by large companies that require detailed analytics, integration with financials, and mapping of complex supply chains. and complex supply chain mapping.
Key differences
1. Import Export Data Differences:
· Tendata has import export data from 218+ countries and regions, including most of the countries in five continents, covering 10 billion + import export data, accumulating 10 billion + trade transaction details, accurately analyzing global import and export situation, which is a powerful tool for global importers and exporters to find customers.
Tendata mainly provides data of countries: >>Know More from Tendata
· Panjiva focuses on the import export data of North and South America, especially the import export data of the United States is very perfect. Compared to Tendata, Panjiva is a good choice if your business wants to develop in the Americas region.
Panjiva mainly provides data for the following countries: the United States, Brazil, Mexico, Bolivia, Chile, Colombia, Ecuador, Panama, Paraguay, Peru, Uruguay, Venezuela, China (before 2018), the Philippines (historical data), India, Indonesia, Pakistan, Sri Lanka, Turkey, and Vietnam.
2. Data Analysis:
Both Tendata and Panjiva can be used to view import export data, research potential suppliers, track market trends, monitor competitors, view supply chain information, and more. What are the specific differences in their functionality?
· Tendata connects with CRM, making it easy for customers to manage lead lists. It is a more suitable choice for organizations that want to find global customers.
· Panjiva collects all possible import export data from its sources based on bill of lading / ocean manifest data. The data provided is more oriented towards logistics and cargo data and is more suitable for logistics companies.
3. Customer Contacts
· Tendata provides contact information for most companies in all countries. The customer contact information provided is verified to ensure the accuracy of the customer contact information.
· Panjiva provides customer contact information for US companies only. When you download large amounts of data, you don't download the contact information into Excel even though it may be in the company profile. On the import export data platform, some of the contact information is incomplete and some of the contact information displayed is incorrect, so it is difficult to find contacts.
4. User Interface and Accessibility:
· Tendata is known for its intuitive and user-friendly interface for users of all skill levels. The platform is easy to use and enables organizations to navigate data and efficiently extract valuable insights.Tendata's user-friendly and accessible interface is suitable for SMBs or organizations without extensive analytics needs.
· Panjiva offers a sophisticated interface but can be more complex and is suitable for users with dedicated analytics teams. Its platform is really hard to understand and requires training for staff on how to fully utilize the application without forgetting where all the information is.
5. Target Audience and Pricing:
· Tendata appeals to small businesses and exporters for its focused functionality and affordability.
· Panjiva's pricing is relatively high, twice that of Tendata, especially for small businesses or those with limited budgets. Aimed at larger companies with bigger budgets that need advanced market intelligence and vendor risk management.
Choosing between Tendata and Panjiva
When choosing between these two platforms, companies should consider their regional focus, financial consolidation needs and budget. Tendata is a practical choice for companies looking to find global customers, while Panjiva is a good fit for larger organizations focused on the U.S. region that need broader data coverage and deeper financial insights.
In short, both Tendata and Panjiva offer valuable import export data solutions, but their offerings cater to different business sizes and data needs. Choosing the right platform can significantly enhance an organization's ability to deal with the complexities of global trade, optimize its supply chain, and maintain its competitive position.
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