Trade Data for Asia-Pacific Imports and Exports
The global trade outlook for Asia and the Pacific had seen tremendous growth the past several years. While this trend did slow in 2019 due to elevated trade tensions and updated tariff and non-tariff measures, Asia-Pacific (APAC) still presents key opportunities for importers, manufacturers, logistics service providers, and others to tap the potential of this evolving and dynamic region. Understanding import and export trends are critical given the complex economic factors and regulatory complexities in the region.
Asia-Pacific contains some of the best opportunities for global importers to diversify their supply chains. For many years, global importers have relied upon a “China+1” policy for their sourcing needs. Throughout 2018 and 2019, amid shifting trade policy between the United States and China, many of these importers began branching out to other East Asian suppliers. Among the top beneficiaries of this trend has been Thailand and South Korea.
Keeping a keen eye on trade trends and identifying opportunities in this environment requires a robust solution and accurate global trade content.
Descartes DatamyneTM offers current import and export information to help businesses make better decisions and better compete in today’s competitive marketplace. Powered by the world’s largest searchable trade database, including some of the largest and most influential markets in Asia-Pacific, Descartes Datamyne provides actionable insight and business intelligence to companies worldwide.
Importance of Asia-Pacific to U.S. Trade
Datamyne Asia Import-Export Data is essential global market intelligence for U.S. importers and exporters. The Asian countries Datamyne covers – China, India, Japan, Sri Lanka, Pakistan, South Korea, and Vietnam – already account for more than a quarter of US trade. These countries are also projected to receive the majority of U.S. exports outside of North America through 2030, with China, India and Vietnam setting the pace for growth in U.S. overseas markets.
As production hubs and sources of supply, Asia-Pacific produces and ships more than a third of current U.S. imports. Asia’s four largest economies rank among the top 10 countries of origin for US inbound trade – while China and Vietnam top the list of the world’s fastest-growing sources for US imports.
Gathered from trade ministries, customs agencies, and other authoritative sources, Datamyne’s Asia trade data is highly reliable, detailed and the latest available from any source.
Easy Access to Unique Insights into Asia-Pacific Commerce
Powered by import and export bills of lading as well as aggregate Census data, Descartes Datamyne provides coverage into the import and export trends of top Asia-Pacific countries such as Australia, China, India, Japan, South Korea, Sri Lanka, Pakistan, and Vietnam.
Summarized Census Data:
Available one to two months (depending on government policy) after receipt from official sources, our highly detailed aggregate Census data provides the most accurate snapshot of a country’s import and export trends.
Available for Australia, China, Japan, and South Korea, Census Data allows for detailed analysis of trends and the top traded commodities by value down to the 8-digit HS Code.
Detailed Import and Export Data:
Import and export declarations, available for India, Pakistan, Sri Lanka, and Vietnam, allow for the same level of detailed analysis as Census data with the additional benefit of identifying company names.
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