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CELEBRATING OUR 25th YEAR

International Services - Development -Solutions

TRADE RESOURCES President, Laura Spingola, presented "Industry trade winners and losers ~ Implications for state economic development policy" at the National Forum on Trade Policy hosted by Duke University, UNC Chapel Hill and the NC Dept of Commerce in Durham, NC.  International trade and business experts from across the U.S. convened to address important issues of politics and jobs, offshoring and global integration at the conference. 

TRADE RESOURCES publishes an indepth summary of world trading trends in our TradeFacts (TM) quarterly publication.  See how your industry is competing in export and import terms, and how country markets are growing and declining. 

And for serious futures and cash market traders, contact us for Trader FactSheets (TM) ,  Trader FactSheets are now available for Corn, Soybeans, Wheat, Crude Oil, Boneless Beef and Boneless Pork .  Call Jim for more information and to subscribe. 

Don't see what you're looking for?  Ask about our latest releases!  (Tel. 312-939-5030)

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Lori Healey, President of Chicago 2016, recently spoke on Chicago's Olympic Bid to the Economic Development Council (EDC).  Laura Spingola, President of Trade Resources and a member of the EDC Board of Directors, was the Program Chair for the event. 

Above:  Laura Spingola, Ms. Healey, and Lewis Matuszewich - Chairman of the Economic Development Council.

QUIZZICALITY©(Laura Spingola, 2000-2007)

QUESTION: I am considering starting a candy distribution business that exports to and buys from other countries. What initial data do I need? Answer:

You will need to conduct some basic research when you begin.

Some questions you should ask about selling(exporting) are: Which is the largest market, fastest growth market, and at what price can I sell the product?

For the sake of this example, we'll use HS Code 170490 - Sugar Confections without Cocoa - for Calendar Year 2006:

Largest market (Quantity terms) = Canada; Growth market (% basis) = Qatar; Average World Price (per kilogram) = $2.80

If you are considering buying (importing) from another country; you would want the same information, but the interpretation would differ.

Largest supplying market (Quantity terms) = Mexico; Growth market (% basis) = Ireland; Average World Price (per kilogram) = $ 2.08

Other questions will follow concerning your company's mission, competition, regulations, etc. but these basic market issues should be addressed upfront.

 

Do you need a quick response? Call or write us!