GTIS Global Trade Information Services: “The World’s Data at Your Fingertips” Part 1

There’s Eurostat, International Trade Administration, WISER, and UNComtrade among other sources for foreign statistics. Well, here is one more, GTIS, the Global Trade Information Services.

Established in 1993 on the east coast, GTIS was “established to promote a better understanding of global economic development.” Through their understanding in the increasing importance of world trade and the development of computer technology, GTIS has produced their own software solution for trade data and analysis. Currently serving clients in over 250 cities and 50 countries worldwide, GTIS is recognized as a leading supplier of international merchandise trade data.” The Financial Times exclaims that it is, “ the world’s data at your fingertips.”

World Trade Atlas was the first software developed by GTIS revolutionizing the way trade data was used. The World Trade Atlas (WTA) allows quick and easy browsing through each country’s data to determine the competitiveness of the world market for certain commodities or products. WTA produces tables that trade analysts would need to spend months building. Export Today sings its praises, “Elegant, quick and easy…I searched a mountain of trade data in seconds.”

Succeeding the World Trade Atlas, is the Global Trade Atlas, GTIS’s newest software that was built off of WTA’s best features, while also accommodating the extra data fields (e.g. U.S. State, Port and Customs District data). GTA allows users to see the bigger picture instead of a country by country basis. A bonus feature of GTA is the ability to create a model for a commodity and show all exports or all imports worldwide on one screen. “Trade analysts can determine more accurately market shares of world trade data for a particular commodity.” Though GTIS only obtains data from reliable sources, such as government or customs agencies, users can estimate import or export trade of a country with unreliable data by using reliable trade data of other countries. For example, if a user was looking for information on Nigerian imports and exports and the data was deemed unreliable, the user could estimate what the trade statistics were by viewing other countries who had reported importing or exporting to Nigeria. Database Magazine, says that “World Trade Atlas provides a different and better approach to retrieving trade data.”

The team at GTIS’s Global Trade Atlas work out all the details so that clients can focus more on analyzing the data and less about the logistics concerning it. GTIS is constantly working to create a system that is not only up to date and comprehensive, but also easy to navigate, which is a huge plus considering how much data can be gained from one simple request. Publishing monthly official government trade statistics for more than 80 countries, representing close to 100 percent of world trade, GTIS has earned a reputation of reliability, efficiency, and service (something I can personally attest to).

Do you fall in any of these categories? If you do, your competitors may be already using GTA:

  • Multinational companies
  • Research organizations
  • Consulting firms
  • Industry associations
  • Government agencies
  • Financial institutions

Check back tomorrow for Part 2.

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