Four Easy Steps to Expand to New Markets Now

Step 2. Track Global Demand of Your Product

Since you already ship to one country and have your product’s HS classification, you can leverage two powerful data sources to paint a clearer picture of the demand—and competition—for your product:

  • Trade Stats Express
    This U.S. Department of Commerce tool enables you to look at the global trade patterns for your specific product and focus on key markets for your export expansion.
  • USA Trade Online
    For a nominal subscription fee, you can use this U.S. Census Bureau tool to analyze current and cumulative U.S. export and import data on more than 18,000 export commodities and 24,000 import commodities worldwide to create customized reports and charts detailing foreign trade variants including port level detail, state exports, balance of trade, method of transportation, and market level ranking.

Step 1 – Examine Complimentary Markets
Step 2 – Track Global Demand of Your Product
Step 3 – Talk with your Peer Group
Step 4 – Contact Your Local Trade Specialist