QEFS Report
One of the initial market researches to gain a general perspective on the target market based on the product is the use of a practical summary sheet of Quantitative Export Factsheet (QEFS).
The Quantitative Export Factsheet (QEFS) report is an informational document that provides key information about the export of a specific product or product group from one country to another. The standards for this report are determined by the World Trade Organization (WTO) and the International Chamber of Commerce (ICC).
The QEFS report typically includes the following information:
- HS product code: The HS code is a 10-digit code used for the classification of products in international trade.
- Product name: The name of the product that the report is about.
- Exporting country: The country from which the product is exported.
- Importing country: The country to which the product is imported.
- Export value: The value of the product's exports in the specified year.
- Export volume: The volume of the product's exports in the specified year.
- Export growth: The growth of the product's exports in the specified year compared to the previous year
The QEFS report can be highly beneficial for companies that are looking to export their products to foreign markets. This report can help companies identify new marketing opportunities in foreign markets and make more informed decisions regarding their product exports.
We provide initial reports to companies that have information about the product and target market based on the standards of the International Trade Centre (ITC).
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