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Trade Compass™, an International Trade Solution
This solution enables businesses to improve the accuracy of their mid- to long-term investments in anticipation for international trade challenges such as the trade conflicts between the US and China, the enactment of the RCEP, and the expansion of the TPP.
Trade Compass™ is a web-based service produced by Deloitte Tohmatsu Group that promotes the strategic utilization of free trade agreements (FTAs) in order to solve international trade challenges such as the trade conflicts between the US and China, the RCEP that is expected to come into effect soon, and the TPP in which the UK and Thailand have expressed interest in joining.
Explore Content
- Responding to international trade challenges
- Featues of Trade Compass™
- Creating profit by verifying tariff rates and rules of origin, and by reassessing supply chains
- Introduction to Trade Compass™
- Introducing a new function of Trade Compass™
Featues of Trade Compass™
Global economic partnerships are becoming increasingly stratified, with several FTAs and economic partnership agreements (EPAs) aiming to further strengthen free trade and economic cooperation being concluded in the midst of faltering WTO discussions aimed at liberalizing trade in a unified manner in more than 160 countries and regions across the globe.
Trade Compass™ by Deloitte Tohmatsu is based on an enormous database concerning the world's FTA and EPAs. This solution assists businesses in reducing tariff costs by identifying any insufficient use of FTAs, leading to quick profits. Trade Compass™ also promotes supply chain optimization by anticipating risks such as increases in tariff cost.
Creating profit by verifying tariff rates and rules of origin, and by reassessing supply chains
Trade Compass™ is a web-based service that allows you to easily and quickly look up and compare not only current, but also future tariff rates, rules of origin, and other similar information, enabling users to make the most of trade agreements such as FTAs.
Users can also estimate possible tariff cost reductions and review their supply chains according to tariff rates, exchange rate fluctuations, and major import and export partner countries, as well as look up the tariff classification codes (HS codes) of the goods they import and export.
Trade Compass™ enables quick profit creation by reducing tariff costs. It also allows businesses to improve the accuracy of their mid- to long-term investments such as supply chain optimizations. In addition, custom consultation services by Deloitte Tohmatsu Tax Co. are also included.
Introduction to Trade Compass™
Introducing a new function of Trade Compass™:
The HS Version Converter
You can now convert (correlate) HS code versions as a new support feature. HS2002 up until HS2017 are currently supported.
You can also confirm candidates of the latest HS code (with subdivisions) for a specified country.
*Click here for an overview of the new function.
Trade Compass™ free trial
All standard functions are available in the trial version.
Click here for free trial
* Please select "Topic: Deloitte Tohmatsu Consulting LLC" and indicate that you are seeking a free trial of Trade Compass in your message.
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