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Home› Data Sources

Data Sources & Methodology

Pipeline status updated weekly MightyIQ Inc., Bedford, NS
Contents
1 Our Data Sources 2 Data Freshness 3 What 'Estimated' Means 4 Reporting a Data Issue
Related
Data Retention Privacy Policy

Mercorama sources trade intelligence from government databases, international trade organisations, and statistical agencies. This page explains where our data comes from, how frequently it is updated, and how we rate its freshness.

1

Our Data Sources

ICC — International Chamber of Commerce
Trade Rules

Incoterms® 2020 rules — the internationally recognised standard for allocating shipping costs, risk, and responsibility in global trade contracts.

UpdatedPer ICC revision cycle (last: 2020)
Coverage11 Incoterms® 2020 rules
iccwbo.org/business-solutions/incoterms-rules
WCO — World Customs Organization
HS Nomenclature

Harmonized System (HS) nomenclature — the globally standardised system of names and numbers for classifying traded products used by over 200 countries.

UpdatedEvery 5–6 years (current: HS 2022)
CoverageHS 2022 — 5,224 subheadings
wcoomd.org
Global Affairs Canada
FTA Tariffs

Canadian FTA tariff schedules — preferential duty rates available to Canadian exporters under signed free trade agreements.

UpdatedAnnual + on amendments
Coverage15 FTAs · 51 partner countries
international.gc.ca/trade-commerce
Statistics Canada
Export Volumes

Canadian export volumes by HS chapter — official Canadian merchandise export statistics used to size market opportunity and benchmark industry trends.

UpdatedMonthly
CoverageAll HS chapters · Canada
statcan.gc.ca
UN Comtrade
Import Demand

Global import demand by HS code — the United Nations international merchandise trade statistics repository covering bilateral trade flows between countries.

UpdatedMonthly
Coverage200+ countries
comtrade.un.org
USITC
US Tariffs

US import tariff rates (HTS) — the official Harmonized Tariff Schedule of the United States, maintained by the US International Trade Commission.

UpdatedNightly
Coverage35,733 HTS codes
hts.usitc.gov
CBSA
CA Tariffs

Canadian import tariff rates — the Canada Border Services Agency customs tariff, including MFN rates and retaliatory surtarges.

UpdatedAnnual + retaliatory updates
Coverage22,461 Canadian tariff codes
cbsa-asfc.gc.ca
EDC — Export Development Canada
Financing

Export financing & credit insurance programs — government-backed solutions to help Canadian exporters manage payment risk and access working capital.

UpdatedQuarterly
CoverageCanadian exporters · global markets
edc.ca
BDC — Business Development Bank
SME Financing

Export-linked financing for SMEs — BDC loans and advisory services specifically designed to support Canadian small and mid-size exporters.

UpdatedQuarterly
CoverageCanadian SMEs
bdc.ca
CIFFA
Freight Registry

Verified freight forwarder registry — the Canadian International Freight Forwarders Association directory of licensed logistics providers.

UpdatedAnnual
CoverageCIFFA-certified forwarders · Canada
ciffa.com
World Bank
Risk Indicators

Market risk & logistics performance indicators — World Bank datasets covering business environment quality, political risk, and Logistics Performance Index scores.

UpdatedAnnual
Coverage190+ countries
worldbank.org

Data pipeline status and last ingestion timestamps are monitored internally and updated weekly.

2

Data Freshness

Every data point in Mercorama carries a freshness badge indicating how recently it was verified against its source.

🟢
Live
0–7 days
Verified against the source within the past 7 days.
🔵
Current
8–30 days
Verified within the past month; reliable for most use cases.
🟡
Aging
31–60 days
Over a month old. Verify against source for time-sensitive decisions.
🟠
Stale
61–90 days
Significantly out of date. Cross-reference independently.
⚪
Estimated
No source
Not verified against a live government or institutional source.
3

What 'Estimated' Means

What 'Estimated' Means

Some values — particularly in Export Compass results — are generated by AI based on publicly available trade knowledge and patterns. These carry an ⚪ Estimated badge and have not been verified against a live government or institutional data source. Treat as directional guidance only. We are actively building data pipelines to replace estimated values with verified data from Statistics Canada, UN Comtrade, USITC, and CBSA. As each pipeline goes live, affected data points will be automatically re-tagged with their verified source and freshness level.

4

Reporting a Data Issue

If you spot a data discrepancy — an incorrect tariff rate, an outdated market figure, or a source that appears wrong — use the ⚑ flag icon next to any data point to report it directly to our team. No account is required to submit a flag. We review all flagged data points and notify affected users when a correction is made.

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