Subjects: SVY, TRD
2022 Global Trade Data by The Federal Group
FERNDALE, Mich. , June 24, 2022 /PRNewswire/ -- Manufacturing professionals know that uncertainty is part of the industry. They have to be ready when products are in short supply, prices go up, or when there are new impacts on international trade because of pandemics.
You have been working in this space for a long time, so you know that it is important to understand how supply chains work and what customers want. You also need to keep innovating while making sure the process stays efficient. There are always political, geographical, and technological forces at play in the global trade marketplace that can impact your business.
We want to give you easy-to-read charts on international trade flows so that you can make better decisions for your business. Thanks to our extensive network of trusted partners, we collect highly accurate trade data from multiple sources worldwide. This way, companies like yours can see what is happening in global markets.
"If there's one thing that's certain in business, it's uncertainty." ?Stephen Covey.
The Federal Group USA (TFG USA) compiled and analyzed trade data from the United States Customs Database* for inbound ocean freight from 2021 and 2022.
This data can help you understand what is happening in the market to make better decisions for your business.
Let's look at the data from the first quarter of 2022 compared to the first quarter of 2021. We'll look at it in 4 different ways:
- Country of origin
- Material used
- Manufacturing method
- Product description
Click here to read the entire article.
Media contact: Noah Levy, [email protected]
SOURCE The Federal Group
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