Find the best countries to source your products from
Not sure which country offers the best balance between quality and cost? Our platform analyzes crucial data to help you make an informed decision.
Contemplating the optimal geography for sourcing your next product? Leverage Sourcing Playground’s robust, data-driven analytics to elevate your strategic sourcing decisions. Let’s get into the specifics.
Step 1: Start with Your Product
Initiating this journey begins in the “Products” tab. Here’s the step-by-step:
- Use the search bar at the top of the screen to find your product.
- Multiple products? No problem. Use the checkboxes on the left to select more than one item. Then, click “Analyse selected rows.”
- Choose your market focus—the U.S., the European Union, or the U.K.—based on your business needs i.e. where you’ll be importing from.
- Navigate to the “Market Share and Volume” tab. This section reveals the top exporters for your chosen market. The data is rich, and trends are easily discernible through adjustable graphs.
- The “Production Price” tab offers invaluable data on average per-Kg prices. Its visual aids, like the “Price vs market share” graph, allow for quick identification of cost-effective sourcing countries.
The “Production Price” tab:
Note: Detailed supplier and brand information is exclusive to U.S. data.
Step 2: In-Depth Country Analysis
Convinced about a particular country? Let’s take a closer look:
- Head to the “Country” tab and locate your chosen country.
- Click on its name or select it via checkbox, then hit “Analyse selected rows.”
- The ensuing dashboard will offer government-provided data relevant to your selected market. You can adjust settings as before for more tailored insights.
- Want to bypass general commodities like cement? Use the “Show specific products” filter on the right. This narrows down your view to product categories that are pertinent to your interests.
- Subsequent graphs and tables offer deeper insights into product categories, market share growth, and trends. Again, detailed supplier volume is U.S.-centric.
After you’ve gathered all your country-specific insights and you’re ready to dive into supplier specifics, you can revert to our “Find a factory to make your products” guide for a seamless transition.
Sourcing Playground aims to simplify your sourcing journey, offering a variety of tools to find, vet, and connect with suppliers. Want to explore more functionalities? Check out our other use cases for additional insights.
FIND THE BEST
Ready to Get Started?
Once you’ve explored our use-cases, you’re one step closer to making more informed sourcing decisions. Click below to request a free trial or get in touch with our team!