Global trade data is a powerful tool that businesses can use to gain insights into international trade trends, risks, and opportunities. By using global trade data, companies can enhance their decision-making processes to keep pace with international trade and turn...
June 2024 U.S. Container Imports Fell 2.1% Over May while Gaining 10.4% Over the Same Period Last Year
In June 2024, global trade data tracked by Descartes Datamyne shows that U.S. container imports decreased 2.1% from May but outpaced the same period last year by 10.4%. Imports from China remained flat in June but boasted a 13.8% growth over June 2023. Key...
Global Trade Data: Pending U.S. Tariffs on China Trigger Market Shifts in Chips and Green Energy
As the U.S. doubles down on Section 301 tariffs on Chinese imports, competing industrial policies are already reshaping international trade dynamics – as Descartes Datamyne global import-export data shows. The U.S. Trade Representative (USTR) has invited comments on...
Descartes Datamyne Port Report Charts Impact of Disruptions on 2023 U.S. Imports
Trade data based on bills of lading shows 2023 U.S. imports declined at most of the busiest U.S. ports of entry. After the sharp fall and rise of U.S. imports during and after the pandemic, the flow of 2023 U.S. inbound shipments settled into a pattern that...
Descartes Datamyne Port Report Charts Impact of Disruptions on 2023 U.S. Imports
Trade data based on bills of lading shows 2023 U.S. imports declined at most of the busiest U.S. ports of entry. After the sharp fall and rise of U.S. imports during and after the pandemic, the flow of 2023 U.S. inbound shipments settled into a...
Harmonizing Trade Party Names: The Critical Imperative for Businesses Harnessing Global Trade Data
In the interconnected world of international trade, global trade data serves as the lifeblood that fuels economic decisions, policies, and strategies for all participants. Global trade data provides invaluable insights into market trends, supply chain dynamics,...
April 2024 U.S. Container Imports Grow 3% Over March and 9.3% Over the Same Period Last Year
In April 2024, global trade data tracked by Descartes Datamyne™ shows that U.S. container imports increased 3% from March and outpaced the same period last year by 9.3% compared to the same period last year. Notably, Chinese imports rebounded after their March...
What is Anti-Dumping?
Anti-dumping regulations are a significant concern for importers and exporters engaged in international trade. These measures are imposed by governments to protect domestic industries from unfair competition in the form of goods entering the market below market...
Leveraging Artificial Intelligence for HTS Classification Determination in Global Trade
Recently, artificial Intelligence (AI) has been revolutionizing industries across the globe, and it is starting to make its mark across global trade and supply chain processes. AI was a big focus during this year's International...
Robust U.S. Container Import Growth Continues in March 2024
In March 2024, global trade data tracked by Datamyne shows that U.S. container imports saw a modest increase of 0.4% from February but surged by 15.7% compared to the same period last year, despite the Chinese Lunar New Year's influence on late March figures. Notably,...