How can import export data be utilized for market research?
- Location: Delhi, Central Delhi, Delhi, India
1. Understanding the Import Export Landscape:
This information is useful to determine what products are being exported, which countries are involved, and how much volume of trade takes place.
The dynamics of demand and supply for various products can be understood by going through this kind of information.
For instance, by tracking the top exporting countries for a particular product and analyzing the trends in their exports, a company can find out why their sales have been going up.
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