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There are many sites offering market research information for your
product, industry, or geographic focus. Follow up with prospective
partners to confirm market data obtained and to ensure you receive the
most current “in country” market data.
For more information or assistance please contact
the WTCBN by email at info@wtcbn.com,
by phone at 1.716.852.7160 or toll-free at 1.877.WTC.INTL (U.S./Canada).
Trade Flow Data
Trade Flows indicate where products are sourced
from and/or sold to. Trade flow data can be used to determine specific
countries in which exports or imports of your products are growing over
time. By understanding international trends in the markets for your
products, decisions can be made about where to source and/or sell.
Trade Flow Resources for U.S. Based International
Trade:
U.S. International Trade Commission – Trade Dataweb
has access to U.S. international import and export information sorted by
country, commodity, and U.S. location. The database is password
protected but, access is free with registration.
http://dataweb.usitc.gov/
Trade Flow Resources for Canada Based International
Trade:
Strategis is the Canadian government’s business
information website. The site has international trade data searchable by
country, commodity, and Canadian province. Access to the database is
free with no registration required.
http://strategis.ic.gc.ca/
Trade Flow Resources for EU Related International
Trade:
Eurostat is the European Commissions statistical
homepage. The site offers a range of economic and demographic data,
including international trade flow data.
http://www.europa.eu.int/comm/eurostat/
Country Reports
Country reports are used to understand the general
market conditions of a particular country. These reports include
information on political, economic and social climates that may affect
trade with that country. In addition to specific country information
that can help with market research and strategy development, many sites
also offer company listings that can be accessed for prospective partner
information.
Country and Regional Information Resources:
The U.S. Department of Commerce Country Commercial
Guide provides comprehensive country information for over 230 countries
and includes an overview of the commercial, political and economic
environments, statistics, and the investment climate and trade
regulations.
http://web.ita.doc.gov/ticwebsite/tic.nsf/AF34FA880278BDD58525690D00656C6F/3B884AC0FF87831F85256926005340B3?OpenDocument
The U.S. States Department’s country and regional
information webpage includes information about economic and political
activity in countries around the world. There are also links to key
contacts, including U.S. commercial officers, and a link to the State
Department’s business center.
http://www.state.gov/countries/
CANADA
Strategis is Canada’s leading business and consumer site. It contains
export guides, company directories, economic analysis and statistics,
business information by sector and many other resources. Use this tool
for market research, finding business support and financing or to locate
trade shows to display your products.
http://strategis.ic.gc.ca/engdoc/main.html
MEXICO
Bancomext is the Mexican Bank for Foreign Trade and was established to
promote foreign trade with Mexico and attract foreign investments into
Mexico. This site offers tips and information on selling to Mexico,
buying from Mexico, investing in Mexico as well as links to government
agencies, universities, legal service, trade leads, business referrals
and trade show listings.
http://mexico-trade.com/
LATIN AMERICA
The Inter-American Development Bank (IDB) is the oldest and largest
regional development bank in Latin America and the Caribbean. It is used
as the model for other such development organizations around the world.
This site will give information on multilateral financing for economic,
social and institutional development as well as trade and regional
integration programs. Some other areas included are private sector
development, culture, integration & trade, macroeconomics and
transportation.
http://www.iadb.org/
CHINA
China.com is a comprehensive website that includes news and information
about China as well as answers to questions about investing, trade,
economy, business climate and culture, development zones and lists of
suppliers by industry.
http://english.china.com/
U.S. Department of Commerce Commercial Service will
help firms take advantage of China’s rapidly growing economy. The China
Business Information Center assists companies who wish to do business in
China with trade leads and opportunities, industry specific research,
overviews of economic and political conditions and gives sources of
government assistance.
http://www.export.gov/china
JAPAN
The Japan External Trade Organization (JETRO) is a government related
organization working to promote mutual trade and investment between
Japan and the rest of the world. Their site is the place to start if
looking at Japan as an import source or export market as it contains
information on investing in Japan, business opportunities listings,
market information and statistics and surveys.
http://www.jetro.go.jp/
European Union
UK Trade and Investment is a governmental organization with up to
date information on European countries that includes political and
economic conditions, political developments, opportunities by industry
sector, business etiquette and customs and regulations.
https://www.uktradeinvest.gov.uk/
Partner Search
Finding the right partner or partners is another
key to success in international business. The following sites will
assist you in identifying potential partners and researching those
prospects to ensure a productive relationship.
For more information or assistance please contact
the WTCBN by email at info@wtcbn.com,
by phone at 1.716.852.7160 or toll-free at 1.877.WTC.INTL (U.S./Canada)
Thomas Global Register is a complete up to date
directory of over 300,000 manufacturers, industrial suppliers and
distributors from more than 22 countries; the site contains detailed
lists of worldwide industrial products and service providers.
http://www.tgrnet.com/
Kompass is a comprehensive database of more than
1.9 million companies in 70 countries. This site gives access to
detailed company profiles, products and services, including contact
names and email addresses. This site can be searched in 25 different
languages.
http://kompass.com/
U.S. Chambers of Commerce is yet another source of
potential international partners.
http://www.uschamber.com/international/directory/default.htm
Credit Reports It is recommended that you perform a
credit report on any potential partner prior to signing any agreements
to do international business. The Erie County Industrial Development
Agency (ECIDA) offers worldwide credit reports for reasonable rates.
http://www.ecidany.com/credit_report/
Denied Party Screening Party screening is
determining whether a company or an individual has been placed on a
government "black list", is banned from import/export transactions, or
has been sanctioned by a government for performing illegal acts of one
type or another. Denied party screening must be completed prior to
shipment.
Review of the Denied Parties listing is required.
The U.S. Customs and Border Protection website offers a comprehensive
listing.
http://www.cbp.gov/xp/cgov/trade/trade_outreach/blocked_denied_debarred.xml
International Industry Associations
Industry Associations are a great source of
information and contacts. The following links provide access to
databases of International industry and business associations.
Resources for International Industry Associations
Internet Public Library Associations Listings
offers a listing of a number of international industry associations
classified by type of business activity.
http://www.ipl.org/div/aon/browse/bus00.00.00/
The Directory of Development Organizations offers
country specific listings of industry and development associations
throughout the world. The site focuses on international development but
offers a number of links to business associations.
http://www.devdir.org/ |
