In November, we launched Panjiva Trends, which gives you insight into the trajectory of U.S. imports of various products. We’ve made changes in response to your feedback (thank you!), and today we’re excited to announce new functionality that will make global trade data even more accessible… We’ve launched a free Global Trade Widget that anyone can incorporate into their website.
With Panjiva’s Global Trade Widget, you can highlight macroeconomic trends by tracking all shipments to the U.S. or drill down into the specific performance of one product. Check out the bottom of this post for examples of the widget in action. Data is updated monthly — and automatically, of course.
To get a customized version of the widget for your blog or website, use our super simple tool to generate the HTML code that you can insert into your blog. And send us your feedback! email@example.com
The word from the Panjiva research team: December was a surprisingly good month in the world of global trade. Specifically, there was a 3% increase in the number of global manufacturers shipping to the U.S. market, as well as a 2% increase in the number of U.S. companies receiving waterborne shipments from global manufacturers. Traditionally, these numbers decline from November to December (-5% in 2008 and -1% in 2007).
To add to the good news:
- The percentage of significant manufacturers on the Panjiva Watch List declined from 25% to 23%
- Similarly, the percentage of significant buyers having done business with a Panjiva Watch List supplier in the preceding three months declined slightly from 35% to 33%.
- The number of waterborne shipments coming into the U.S. saw a 2% year-over-year increase in December — the first year-over-year increase since we began tracking year-over-year increases 18 months ago.
That said, year-over-year comparisons are going to be a bit misleading in the next few months — because, at this time last year, global trade was in free fall. And the absolute level of global trade activity is still well below where we were before the 2009 recession. So reports of a robust or sustained recovery are probably premature. Nevertheless, it’s great to head into 2010 with the numbers heading in a positive direction.
Methodological notes for the data junkies:
- Manufacturers that have suffered a 50% or greater decline in volume shipped to American customers in the most recent three month period, versus the same period a year ago, are on the Panjiva Watch List.
- “Significant manufacturers” are companies that have sent 10 or more shipments to American customers within the last year. As of the end of December, there were 86,794 significant manufacturers.
- “Significant buyers” are U.S. companies that have received 10 or more shipments from overseas manufacturers within the last year. As of the end of December, there were 74,963 significant buyers.