Hong Kong, 14 February 2020 – Euler Hermes officially launches Trade Match today, a new, free and easy to access web application that identifies export business opportunities in 70 economies and over 17 sectors. Trade Match also allows these commercial opportunities to be assessed against the level of risk of the corresponding country and region according to the proprietary rating of Euler Hermes, thereby making it a unique tool.
All entrepreneurs, whether they run a large group or an SME, asks themselves the same questions: where to export? Which destinations and which outlets to choose? Which economies and sectors are the most risky?
Today, these questions are even more critical given the shake-up of international trade. Trade disputes, political risks, or even the industrial recession are all headwinds for exporting companies.
With this new application, users can view the most dynamic and least risky destinations in a few clicks. Very easy to use and updated quarterly, the application allows business leaders to benefit from two million data relating to world trade and from the forecasts of Euler Hermes economic research team and its proprietary data.
After Mind Your Receivables, the first application developed with Toucan Toco to follow the evolution of corporate bankruptcies around the world, Euler Hermes' economic research is accelerating its strategy of providing data and content so that a larger number of companies are informed about customer risk, especially when exporting.
“With our partner Toucan Toco, we wanted to make Trade Match a control tower of world trade for our customers but also for journalists, students and all trade players of foreign trade. The trade war is not inevitable. You just have to know where you set foot when you export,” said Ludovic Subran, Chief Economist of the Allianz Group and Euler Hermes Group.
“We are very proud to contribute to democratizing the data of world trade with Euler Hermes. Their requirements, their unique datasets, as well as their desire for making data story telling available to all echo the very reason why we founded Toucan Toco,” said Baptiste Jourdan, VP Europe and co-founder of Toucan Toco.