Importer Data

International trade or foreign trade refers to the activity of exchange of goods and services between two countries. A country which has surplus production or supply of materials or labor can exchange it with other countries in return for goods and services available in excess over there. Goods for which there is insufficient
supply in home country can also be imported from foreign markets for local consumption. Indian customs has the practice of recording all imports into the country in order to ensure that only permitted goods are entering Indian shores. Importer data is a collection of data pertaining to Indian importers who have imported goods during a particular period of time. 

There are two types of international trade - Bilateral and Multilateral International trade. In a bilateral international trade takes place between two countries each of which tries to maintain its balance of payments in a positive level. In multilateral international trade a country trades with multiple countries from where it buys and sells goods and services. Multilateral trade is the best for developing countries as it enables raising international trade to the maximum. Indian importer data shows that India is engaged in multilateral trade with many countries like UK, US, Iran, Iraq, Germany, Japan, China, etc. Importer data is a collection of imports into the country. It enables local traders to have a grip on the recent happenings in global trade.