Apart from this new traders also need to be aware of the various authorities involved in the import export business
. The online import export data provides links to updates and rules laid down by some major authorities like the directorate general of foreign trade and central boards of excise and customs. Information about all the terms and conditions laid down by these authorities can be accessed through this online data easily. This data is also useful in giving new traders an estimation of cost of the transaction as per the exchange rates and customs and excise duties. Names and contact numbers of important people involved in the trade business can also be referred to by the new traders .The online export import data is therefore a complete package on trade that must be read by new traders for acquiring information as well as getting guidelines for establishing efficient trade.