Tuesday, November 24, 2009

Alwin Asks About Trade Data

Alwin asks:

ImportGenius.com told me that they are considerably different from the free US Customs data because they are reporting at the company-level, allowing you to see the actual buyers and sellers of each shipment, not just aggregated
statistics for the entire industry. What's your views?

***

My views are if you want names they are free by consulting the Directory of US Importers (or exporters) available at any library, put out by the journal of commerce.

Import genius charges for the information. The next question is, what would you do with the information of names of who is buying and selling what...? In what useful way might you use the information? Think it through... why would you want the information? If you reflect upon this, you'll likely see you have no use for such information.


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