In February 2024, trade data tracked a 6% decline in U.S. import volume from January. Conversely, import volumes surged by 23.3% compared to the same month last year. Despite conflicting figures, a deeper analysis suggests February remained strong, with overall volume...
Global Trade Data: Decoding Automotive Trends, Supply Chain Dynamics, and Climate Change Impacts
Download the free January 2023 report on U.S. tire imports that accompanies this article. Download the Sample Report Descartes Datamyne trade data gauges the impacts of the post-pandemic recovery, supply chain disruptions, trade policies, and climate change...
How to Find Suppliers: Harness Global Trade Data for Sourcing, Assessments, and Supplier Investigation
In the global market place, any successful business is consistently thinking about how to find suppliers. However, identifying trustworthy suppliers who adhere to ethical practices can be challenging. To make informed decisions, businesses can leverage competitive trade data as a valuable tool for supplier sourcing, assessments, and investigations. This article explores how to find suppliers by unveiling trade activity and help companies better navigate the international seas of trade to find trusted partners.
U.S. November Import Volumes Down 9% from October while Panama Drought Continues to Impact East and Gulf Coast Ports
In November 2023, U.S. container imports fell 9% from October, particularly affecting East and Gulf Coast ports. This decline aligns with past year-end trends and includes a slightly faster drop in imports from China. The Panama drought is now impacting U.S. container...
Global Trade Data: Perennial Mainstay of Peak Shipping, Toy Manufacturers and Importers Face Headwinds
After flat sales growth in 2022, toy manufacturers and importers bet on lean inventories in the 2023 run-up to the year-end holiday gift-giving season, Descartes Datamyne trade data shows. Changing consumer tastes and inflation’s toll on household budgets encouraged...
Navigating Global Shipping Data: A Snapshot of U.S. Imports in October 2023 Shows a Break from Pre-Pandemic Trend, Rising 4.7%
In October 2023, U.S. imports witnessed a substantial surge, diverging from pre-pandemic trends and reaching levels beyond those of October 2019. The following trade data insights offer an overview of key developments: U.S. Container Import Growth Import...
Global Trade Data: China’s Dominance in the Solar Supply Chain Puts Green Energy Goals at Risk
The sun may shine on everyone, but for the photovoltaic (PV) cells that convert sunshine into electricity, the world depends on China. Descartes Datamyne global trade data provides a view into the global solar supply chain and avenues to de-risk and diversify sourcing...
Global Shipping Data: Top 30 U.S. Port Report Shows Supply Chain Disruption Risks Remain High in Post-Pandemic Era Despite Volume Decline
At the height of COVID-19, soaring consumer purchases in the United States congested supply chains and threatened to overwhelm U.S. maritime ports. But last September, container trade volumes suddenly went into a decline from their record highs, according to global...
Global Trade Data: Tracing the Supply Chains that Deliver a Cold Beer on St. Patrick’s Day
Erin go bragh! You may well plan to hoist a glass of beer in honor of St. Patrick’s Day March 17. Whether your choice is lager, ale, stout, or porter, you will likely be in luck if you ask for a brew from the Auld Sod itself. The U.S. imported 134,106,004 liters of...
Supply Diversity Is Key to Global Trading System Resilience: IMF
The International Monetary Fund (IMF) is calling for more diversity in global value chains as a means to boost supply chain resilience. Meanwhile, Descartes Datamyne trade data confirms the point that diversification reduces losses to supply disruptions. Moreover, our...