{"id":239866,"date":"2022-05-26T16:16:40","date_gmt":"2022-05-26T20:16:40","guid":{"rendered":"https:\/\/www.datamyne.com\/?page_id=239866"},"modified":"2023-03-13T13:35:38","modified_gmt":"2023-03-13T17:35:38","slug":"faq","status":"publish","type":"page","link":"https:\/\/www.datamyne.com\/our-product\/faq\/","title":{"rendered":"FAQ"},"content":{"rendered":"

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Frequently Asked Questions<\/p>\n

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Global Trade Data<\/h1>\n

[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row use_custom_gutter=”on” gutter_width=”2″ _builder_version=”4.17.6″ _module_preset=”default” width=”70%” module_alignment=”center” custom_margin=”|auto||auto|false|false” animation_style=”slide” animation_direction=”left” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.17.6″ _module_preset=”default” text_font=”|300|||||||” text_font_size=”22px” header_font_size=”35px” header_2_font=”||||||||” header_2_text_align=”left” header_2_font_size=”42px” header_2_letter_spacing=”-1px” background_layout=”dark” max_width=”900px” custom_margin=”||1px|||” custom_padding=”14px|||||” header_2_text_align_tablet=”left” header_2_text_align_phone=”left” header_2_text_align_last_edited=”on|phone” header_2_font_size_tablet=”36px” header_2_font_size_phone=”30px” header_2_font_size_last_edited=”on|phone” global_colors_info=”{}”]<\/p>\n

To help organizations in the mission to enhance their supply chain resilience, here is a compilation of frequently asked questions about global trade data.<\/h2>\n

[\/et_pb_text][et_pb_button button_url=”@ET-DC@eyJkeW5hbWljIjp0cnVlLCJjb250ZW50IjoicG9zdF9saW5rX3VybF9wYWdlIiwic2V0dGluZ3MiOnsicG9zdF9pZCI6IjI0MDA5OCJ9fQ==@” button_text=”Request demo” button_alignment=”left” _builder_version=”4.17.6″ _dynamic_attributes=”button_url” _module_preset=”default” custom_margin=”30px|||||” animation_style=”slide” locked=”off” global_colors_info=”{}”][\/et_pb_button][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”4.17.4″ _module_preset=”default” custom_padding=”50px||60px|||” bottom_divider_color=”#00aaff” bottom_divider_height=”2vw” da_disable_devices=”off|off|off” global_colors_info=”{}” da_is_popup=”off” da_exit_intent=”off” da_has_close=”on” da_alt_close=”off” da_dark_close=”off” da_not_modal=”on” da_is_singular=”off” da_with_loader=”off” da_has_shadow=”on”][et_pb_row _builder_version=”4.17.4″ _module_preset=”default” width=”70%” animation_style=”slide” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.17.4″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.17.6″ _module_preset=”default” header_text_align=”center” header_2_font=”Roboto Condensed|800|||||||” header_2_text_align=”left” header_2_text_color=”#134169″ header_2_font_size=”44px” header_4_font=”Roboto Condensed|700||on|||||” header_4_text_align=”center” header_4_text_color=”#00aaff” header_4_font_size=”32px” custom_margin=”29px|||||” header_2_font_size_tablet=”40px” header_2_font_size_phone=”36px” header_2_font_size_last_edited=”on|phone” global_colors_info=”{}”]<\/p>\n

Frequently Asked Questions \u2013 International Trade<\/h2>\n

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The following is a list of questions we frequently hear from companies involved in international trade, and which are looking to strengthen the resilience of their supply chains as well as their competitive edge.<\/p>\n

[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”4.17.4″ _module_preset=”default” background_color=”#f7f7f7″ background_image=”https:\/\/www.datamyne.com\/wp-content\/blogs.dir\/1\/files\/2022\/07\/dtm-squiggles-3-00aaff-25.png” bottom_divider_style=”slant” bottom_divider_color=”#ff9922″ bottom_divider_height=”2vw” bottom_divider_flip=”horizontal” da_disable_devices=”off|off|off” global_colors_info=”{}” da_is_popup=”off” da_exit_intent=”off” da_has_close=”on” da_alt_close=”off” da_dark_close=”off” da_not_modal=”on” da_is_singular=”off” da_with_loader=”off” da_has_shadow=”on”][et_pb_row column_structure=”1_2,1_2″ use_custom_gutter=”on” gutter_width=”1″ _builder_version=”4.17.6″ _module_preset=”default” width=”70%” animation_direction=”left” global_colors_info=”{}”][et_pb_column type=”1_2″ _builder_version=”4.17.6″ _module_preset=”default” custom_padding=”|20px||20px|false|true” animation_style=”slide” animation_direction=”left” border_width_right=”1px” border_color_right=”#cccccc” border_width_right_tablet=”0px” border_width_right_phone=”0px” border_width_right_last_edited=”on|desktop” global_colors_info=”{}”][et_pb_text ul_type=”none” ul_item_indent=”25px” module_class=”p10″ _builder_version=”4.17.4″ _module_preset=”default” text_font=”|800|||||||” ul_font_size=”18px” header_2_text_color=”#134169″ header_2_font_size=”30px” header_3_font=”|700|||||||” header_3_text_color=”#00aaff” header_3_font_size=”24px” custom_padding=”20px|30px|20px||true|false” global_colors_info=”{}”]<\/p>\n

The Basics<\/strong><\/h2>\n

[\/et_pb_text][et_pb_accordion open_toggle_text_color=”#666666″ closed_toggle_background_color=”#ffffff” icon_color=”#00aaff” use_icon_font_size=”on” icon_font_size=”24px” _builder_version=”4.17.4″ _module_preset=”default” toggle_text_color=”#00aaff” toggle_font=”|700|||||||” toggle_font_size=”22px” custom_margin=”||23px|||” custom_padding=”||||false|false” global_colors_info=”{}”][et_pb_accordion_item title=”What is an HTS Code?” open=”on” _builder_version=”4.17.4″ _module_preset=”default” border_radii=”on|5px|5px|5px|5px” border_width_all=”0px” global_colors_info=”{}”]An HS or HTS code stands for Harmonized System or Harmonized Tariff Schedule. Developed by the World Customs Organization (WCO), the codes are used to classify and define internationally traded goods. In most cases, in order to import or export a product internationally, the traded good must be assigned an HTS code that corresponds with the Harmonized Tariff Schedule of the country of import.<\/p>\n

Learn More \u00bb<\/a>[\/et_pb_accordion_item][et_pb_accordion_item title=”What is a Bill of Lading and what data does it contain?” _builder_version=”4.17.4″ _module_preset=”default” border_radii=”on|5px|5px|5px|5px” border_width_all=”0px” global_colors_info=”{}” open=”off”]A Bill of lading (also known as BOL) is a legal document between the shipper of the goods and the carrier detailing the cargo being shipped, along with the origin and destination of the shipment. This document is also used as a receipt of the shipment upon delivery at the predefined destination.<\/span><\/p>\n

Learn More \u00bb<\/span><\/a>[\/et_pb_accordion_item][et_pb_accordion_item title=”What is a TEU in shipping?” _builder_version=”4.17.4″ _module_preset=”default” border_radii=”on|5px|5px|5px|5px” border_width_all=”0px” global_colors_info=”{}” open=”off”]<\/p>\n

In the logistics world, TEU is an acronym that stands for twenty-foot equivalent unit that describes a multimodal shipping container whose dimensions are 20 feet long, eight feet wide and eight feet tall. One TEU can generally accommodate between nine and 11 pallets.<\/span><\/p>\n

Learn More \u00bb<\/span><\/a><\/p>\n

[\/et_pb_accordion_item][et_pb_accordion_item title=”What is supply chain resilience?” _builder_version=”4.17.4″ _module_preset=”default” border_radii=”on|5px|5px|5px|5px” border_width_all=”0px” global_colors_info=”{}” open=”off”]<\/p>\n

Supply chain resilience is a term that describes the capacity of a supply chain to 1) withstand shocks that include pandemics, armed conflicts and natural disasters; and 2) its ability to recover from these disruptions. Shocks can also be related to business challenges such as changes in consumer buying behavior, unanticipated competitive pressures, and emerging market trends.<\/span><\/p>\n

Learn More \u00bb<\/span><\/a><\/p>\n

[\/et_pb_accordion_item][\/et_pb_accordion][et_pb_image src=”https:\/\/www.datamyne.com\/wp-content\/blogs.dir\/1\/files\/2022\/06\/Computer_Mock_Up_Angle-home.png” alt=”descartes datamyne user interface” title_text=”descartes datamyne user interface” align=”center” _builder_version=”4.17.6″ _module_preset=”default” max_width=”400px” global_colors_info=”{}”][\/et_pb_image][\/et_pb_column][et_pb_column type=”1_2″ _builder_version=”4.17.4″ _module_preset=”default” custom_padding=”|20px||20px|false|false” animation_style=”slide” animation_direction=”right” border_color_right=”#cccccc” global_colors_info=”{}”][et_pb_text ul_type=”none” ul_item_indent=”25px” module_class=”p10″ _builder_version=”4.17.4″ _module_preset=”default” text_font=”|800|||||||” ul_font_size=”18px” header_2_text_color=”#134169″ header_2_font_size=”30px” header_3_font=”|700|||||||” header_3_text_color=”#00aaff” header_3_font_size=”24px” custom_padding=”20px|30px|20px||true|false” global_colors_info=”{}”]<\/p>\n

Practical Tips and Techniques<\/strong><\/h2>\n

[\/et_pb_text][et_pb_accordion open_toggle_text_color=”#666666″ closed_toggle_background_color=”#ffffff” icon_color=”#00aaff” use_icon_font_size=”on” icon_font_size=”24px” _builder_version=”4.17.4″ _module_preset=”default” toggle_text_color=”#00aaff” toggle_font=”|700|||||||” toggle_font_size=”22px” custom_padding=”||||false|false” global_colors_info=”{}”][et_pb_accordion_item title=”How do you conduct a Bill of Lading search by company?” open=”on” _builder_version=”4.17.4″ _module_preset=”default” border_radii=”on|5px|5px|5px|5px” border_width_all=”0px” global_colors_info=”{}”]Are you interested in what your competitors are importing to the United States, including volume and pricing information? How about to whom else your suppliers are shipping to?<\/span><\/p>\n

Learn More \u00bb<\/a>[\/et_pb_accordion_item][et_pb_accordion_item title=”How to get leads from global trade data?” _builder_version=”4.17.4″ _module_preset=”default” border_radii=”on|5px|5px|5px|5px” border_width_all=”0px” global_colors_info=”{}” open=”off”]Descartes Datamyne helps companies figure out how to get leads to fill their sales pipeline from global trade data. Our Sales Lead Generator solution identifies potential buyers anywhere in the world of your specific commodities or logistics and freight forwarding services, down to company names and contact details.<\/span><\/p>\n

Learn More \u00bb<\/span><\/a>[\/et_pb_accordion_item][et_pb_accordion_item title=”What is the source of Descartes Datamyne\u2019s U.S. and international trade data, and how often this and the global trade database are updated?” _builder_version=”4.17.4″ _module_preset=”default” border_radii=”on|5px|5px|5px|5px” border_width_all=”0px” global_colors_info=”{}” open=”off”]<\/p>\n

U.S. shipment data is gathered from the Automated Manifest System (AMS), customs declarations and import-export customs statistics. Our international trade data is based on authorized government sources from each reporting country.<\/span><\/p>\n

Learn More \u00bb<\/span><\/a><\/p>\n

[\/et_pb_accordion_item][et_pb_accordion_item title=”What is the difference between your \u201cCargoes\u201d and \u201cMarkets\u201d data?” _builder_version=”4.17.4″ _module_preset=”default” border_radii=”on|5px|5px|5px|5px” border_width_all=”0px” global_colors_info=”{}” open=”off”]<\/p>\n

\u201cCargos\u201d is based on our Bill of Lading data, which provides shipment information, such as importer, shipper, notify party, and commodity description. These details allow organizations to track specific cargos.<\/span><\/p>\n

Learn More \u00bb<\/span><\/a><\/p>\n

[\/et_pb_accordion_item][et_pb_accordion_item title=”Is Master or House BOL data more useful in my analysis?” _builder_version=”4.17.4″ _module_preset=”default” border_radii=”on|5px|5px|5px|5px” border_width_all=”0px” global_colors_info=”{}” open=”off”]<\/p>\n

The \u201cHouse\u201d bill of lading is issued to the shipper by the NVOCC\/freight forwarder, whereas the \u201cMaster\u201d bill of lading is issued to the NVOCC\/freight forwarder by the shipping line (carrier).<\/span><\/p>\n

Learn More \u00bb<\/span><\/a><\/p>\n

[\/et_pb_accordion_item][et_pb_accordion_item title=”Why (and how) does Datamyne \u201cunify\u201d names of parties to the trade?” _builder_version=”4.17.4″ _module_preset=”default” border_radii=”on|5px|5px|5px|5px” border_width_all=”0px” global_colors_info=”{}” open=”off”]The U.S. Customs Automated Manifest System (AMS) allows free text entry of shipment information. Shipping lines and freight forwarders are not required to enter a single, standard version of a foreign shipper\u2019s or a US importer\u2019s name \u2013 and they typically don\u2019t. As a result, many variations of company names with redundancies in addresses appear in the bill of lading data.\u00a0<\/span><\/p>\n

Learn More \u00bb<\/span><\/a>[\/et_pb_accordion_item][et_pb_accordion_item title=”How do I calculate landed costs?” _builder_version=”4.17.4″ _module_preset=”default” border_radii=”on|5px|5px|5px|5px” border_width_all=”0px” global_colors_info=”{}” open=”off”]Landed cost calculations is a key step in the identification of supply chain vulnerabilities and charting a course for diversifying supplier sourcing and optimizing logistics networks. It helps to determine the total cost of doing business with a supplier (actual and potential), taking into account the value of goods, along with shipping costs, insurance and tariff treatment.<\/span><\/p>\n

Learn More \u00bb<\/span><\/a>[\/et_pb_accordion_item][et_pb_accordion_item title=”What is the importance to denied party screening?” _builder_version=”4.17.4″ _module_preset=”default” border_radii=”on|5px|5px|5px|5px” border_width_all=”0px” global_colors_info=”{}” open=”off”]<\/p>\n

After an organization identifies a new supplier or buyer and confirms the business viability through landed cost calculations as part of the process to enhance supply chain resilience, the next step is denied party screening.<\/span><\/p>\n

Learn More \u00bb<\/span><\/a><\/p>\n

[\/et_pb_accordion_item][\/et_pb_accordion][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”4.17.4″ _module_preset=”default” background_color=”#00aaff” background_image=”https:\/\/www.datamyne.com\/wp-content\/blogs.dir\/1\/files\/2022\/07\/dtm-squiggles-5-134169-50.png” background_position=”top_center” background_blend=”overlay” custom_margin=”||||false|false” custom_padding=”50px||75px||false|” top_divider_color=”#012a49″ top_divider_height=”6vw” top_divider_flip=”horizontal” bottom_divider_style=”slant” bottom_divider_color=”#badd92″ bottom_divider_height=”2vw” da_disable_devices=”off|off|off” global_colors_info=”{}” da_is_popup=”off” da_exit_intent=”off” da_has_close=”on” da_alt_close=”off” da_dark_close=”off” da_not_modal=”on” da_is_singular=”off” da_with_loader=”off” da_has_shadow=”on”][et_pb_row column_structure=”2_5,3_5″ _builder_version=”4.17.4″ _module_preset=”default” width=”70%” custom_padding=”||5px|||” animation_style=”slide” global_colors_info=”{}”][et_pb_column type=”2_5″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_image src=”https:\/\/www.datamyne.com\/wp-content\/blogs.dir\/1\/files\/2022\/08\/051-Trade-Research-white.svg” alt=”global trade database for market research” title_text=”global trade database for market research” align=”center” _builder_version=”4.18.0″ _module_preset=”default” max_width=”200px” module_alignment=”center” global_colors_info=”{}”][\/et_pb_image][\/et_pb_column][et_pb_column type=”3_5″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.17.4″ _module_preset=”default” header_2_font=”Roboto Condensed|700|||||||” header_2_text_align=”left” header_2_font_size=”36px” background_layout=”dark” global_colors_info=”{}”]<\/p>\n

Use Descartes Datamyne for International Market Research<\/h2>\n

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Doing international market research can be complex and time-consuming. Find out how we can help you. Our customers choose us, because we deliver the best value in global trade intelligence.<\/p>\n

[\/et_pb_text][et_pb_button button_url=”\/contact-us\/” button_text=”Speak with an Expert” button_alignment=”left” _builder_version=”4.18.0″ _module_preset=”default” global_colors_info=”{}”][\/et_pb_button][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”4.17.4″ _module_preset=”default” animation_style=”slide” da_disable_devices=”off|off|off” global_module=”240125″ saved_tabs=”all” global_colors_info=”{}” da_is_popup=”off” da_exit_intent=”off” da_has_close=”on” da_alt_close=”off” da_dark_close=”off” da_not_modal=”on” da_is_singular=”off” da_with_loader=”off” da_has_shadow=”on”][et_pb_row column_structure=”1_5,1_5,1_5,1_5,1_5″ _builder_version=”4.17.4″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”1_5″ _builder_version=”4.17.4″ _module_preset=”default” global_colors_info=”{}”][\/et_pb_column][et_pb_column type=”1_5″ _builder_version=”4.17.4″ _module_preset=”default” global_colors_info=”{}”][et_pb_image src=”https:\/\/www.datamyne.com\/wp-content\/blogs.dir\/1\/files\/2022\/08\/150_ImproveService_LA-2.svg” alt=”descartes datamyne customer care” title_text=”descartes datamyne customer care” url=”\/about-us\/meet-our-team\/data-specialists\/” align=”center” _builder_version=”4.18.0″ _module_preset=”default” max_width=”100px” custom_margin=”||10px||false|false” global_colors_info=”{}”][\/et_pb_image][et_pb_text _builder_version=”4.18.0″ _module_preset=”default” header_3_font=”|700|||||||” header_3_text_align=”center” header_3_font_size=”15px” link_option_url=”\/about-us\/meet-our-team\/data-specialists\/” global_colors_info=”{}”]<\/p>\n

Customer Care<\/h3>\n

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170 Countries Covered<\/h3>\n

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Our Products<\/h3>\n

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Frequently Asked QuestionsGlobal Trade DataTo help organizations in the mission to enhance their supply chain resilience, here is a compilation of frequently asked questions about global trade data.Frequently Asked Questions \u2013 International TradeThe following is a list of questions we frequently hear from companies involved in international trade, and which are looking to strengthen the […]<\/p>\n","protected":false},"author":9,"featured_media":0,"parent":239806,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","inline_featured_image":false,"footnotes":""},"yoast_head":"\nFrequently Asked Questions About Global Trade Data | Descartes Datamyne<\/title>\n<meta name=\"description\" content=\"Frequently asked questions we hear from companies looking to strengthen the resilience of their supply chains as well as their competitive edge\" \/>\n<meta name=\"robots\" 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