Trade Data Provider
16-12-2024
There are many Trade Data providers globally, with Tendata, Panjiva, and Volza being the top three companies with the most customers, each with over a decade of development history. Many foreign trade professionals often wonder which Trade Data provider offers better data quality and value for money. Today, Tendata will analyze the differences for you!
1. Coverage of Trade Data
· Tendata: Tendata offers detailed Trade Data for over 218 countries and regions globally, covering most countries across five continents with more than 10 billion trade records. Tendata's strength lies in its comprehensive import and export data, making it ideal for businesses that need to understand global markets and cross-border trade conditions.
· Panjiva: Panjiva's Trade Data is mainly focused on North and South America, especially the U.S. market, with coverage including countries like the U.S., Brazil, and Mexico. For businesses focused on the Americas, Panjiva is a good choice.
· Volza: Volza provides import and export data for 198 countries and regions, covering over 3 billion shipment records and 25 million verified import/export company profiles. With its wide coverage, it is suitable for businesses seeking global supply chain management and freight tracking.
Tendata vs Volza Coverage: >>Check which countries Tendata covers and compare the Trade Data coverage in more detail
2. Features and Data Analysis
· Tendata: Tendata not only provides Trade Data analysis but also offers market analysis tools, customer acquisition tools, and integrates with CRM systems, allowing users to efficiently manage potential customers. The platform is user-friendly and ideal for users of all technical levels, especially small and medium-sized enterprises (SMEs), helping them quickly filter potential clients and analyze market trends.
· Panjiva: Panjiva focuses on providing detailed logistics and cargo data, making it suitable for large companies that need to deeply understand cargo flows, supply chain risks, and business behaviors. The platform is based on bill of lading and shipping manifest data, providing powerful supply chain tracking and risk management features.
· Volza: Volza offers a wealth of import and export data, supporting detailed freight tracking and supplier management. However, the data presentation is more complex and lacks intuitive visualization tools. Users may need training to use its data analysis functions efficiently. Volza is better suited for large companies with complex supply chain needs.
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3. Customer Contact Information
· Tendata: Tendata provides verified customer contact details for most businesses worldwide, ensuring their accuracy, which makes it easier for users to contact potential clients.
· Panjiva: Panjiva only provides customer contact information for U.S. companies, and even when such data is available, it may not always be in a downloadable Excel format, limiting its usefulness.
· Volza: Volza also offers contact information for global businesses but mainly focuses on supplier and buyer management rather than individual contact details.
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4. User Interface and Accessibility
· Tendata: Tendata is known for its intuitive and user-friendly interface, making it suitable for users of all technical levels. The platform's simple design allows businesses to easily browse data and quickly extract key information.
· Panjiva: Panjiva's interface is more complex, catering to large companies with professional analysis teams. The platform requires training to fully master and use efficiently, especially when dealing with complex data.
· Volza: Volza's interface is also complex and lacks intuitive data visualization tools. Users may need additional training to improve data extraction efficiency, making it more suitable for large enterprises with dedicated analysis teams.
5. Target Audience and Pricing
· Tendata: Tendata primarily attracts small and medium-sized businesses and exporters, especially those seeking an affordable Trade Data solution. Its pricing is relatively low, making it suitable for companies with limited budgets.
· Panjiva: Panjiva's pricing is on the higher side and is typically suited for large companies, financial institutions, and businesses requiring advanced market intelligence and supply chain risk management. Its features and data are better suited for those needing in-depth supply chain analysis.
· Volza: Volza's pricing and features are also aimed at large companies, particularly those with complex supply chains. With its massive data volume, it is well-suited for large multinational corporations requiring precise freight tracking and detailed supplier management.
Summary:
· Tendata: Ideal for small and medium-sized businesses needing global Trade Data and market analysis, especially those looking for customer management and market trend analysis. Its intuitive interface and affordable pricing make it a great option for budget-conscious companies.
· Panjiva: Best for businesses focusing on the North and South American markets, especially large companies needing in-depth supply chain analysis, logistics tracking, and advanced market intelligence.
· Volza: Suitable for large companies needing massive supplier management and freight tracking capabilities, especially those with complex supply chains. Though powerful, its complex data presentation may require additional training.
When choosing between these platforms, businesses should consider their size, target markets, budget, and the complexity of the data they need to work with.
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