We all know that the pharmaceutical or pharma industry is a
very important global business with products being imported and exported
between countries worldwide.
Having access to import export data can provide valuable
market intelligence for pharmaceutical companies, traders, and analysts.
In this blog post we'll look at how to find import and
export data especially for pharmaceutical products, focusing on using Siomex as
a data source.
What is Siomex?
Siomex is an online database that provides import and export
shipment data for over 200 countries.
The data is compiled from customs records and contains
information on the companies, products, quantities and values of imports and
exports.
Siomex has data available for the pharmaceutical industry
that can be filtered and analyzed as needed.
Searching for Pharma
Import Export Data on Siomex
The Siomex database can be searched by product or company
name to find pharma import and export records.
For example, searching for "pharmaceuticals" will
pull up global import and export data on medicinal drugs, vaccines, antibiotics
and other pharmaceutical preparations.
The data can be filtered by country, year, month, and other
parameters to narrow the results. For example you could filter for imports of
pharmaceuticals into the United States in 2022.
This would show the companies exporting to the US, the
specific products, quantities and values.
Analyzing Data for
Market Intelligence
Once you've extracted the pharma import and export data you
need from Siomex, it can then be analyzed to gain market insights, such as:
Identifying top exporters and importers for a particular
product worldwide or within a region. This shows key player countries and
companies in the trade of that product.
Looking at trends over time in the quantities and values of
imports and exports. This provides intelligence on market growth and
opportunities.
Comparing export/import ratios between countries. Imbalances
may indicate local shortages or excesses that could be business opportunities.
Looking for new entrants in the trade of a product, which
may indicate rising production and exports.
Identifying relationships between exporters and importers.
Who is trading with whom for particular products?
Siomex provides a valuable database of pharmaceutical import
and export data that industry professionals can mine for market intelligence
and business opportunities.
By searching for and filtering the records by product,
company, country, time period and other criteria, detailed insights can be
gained into the global pharmaceutical trade.
Siomex offers an efficient way to access the customs
shipment data needed to understand today's complex pharma import and export
markets.