Having created a short list of countries that interest you – and having identified the industry codes of interest – use the following to create your company shortlist and then prepare to adapt your marketing collateral:

  1. The Global Trade Helpdesk - for market overviews, potential partners and single company information.
  2. The Kompass Free Web Search - for single company information.
  3. Kompass Bespoke Lists - use the same interface as for the Free service, but with the option to create your own tailored target list for downloading.
  4. Kompass EasyBusiness (for more extensive searching and integration with your ERP system) - full download including access to the Kompass database of 57 million companies in over 70 countries.
  5. First Report Credit References.
  6. For EU based buyers, you should also check their VAT and EORI numbers.
  7. Language Considerations - just directing your English language collateral towards foreign markets is rarely a good idea. Language translations and changes to reflect cultural differences can bring significant advantages to your campaigns to open up new, overseas markets.


With the Global Trade Helpdesk, discover a world of trade opportunities in one place with detailed information about imports, market dynamics, tariffs, regulatory requirements, potential buyers and more.

  1. Start exploring opportunities  by choosing:
  • The countries of interest
  • The product of interest - by HS Code or name

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  1. The search results will then give you a macro overview of imports of the product you have chosen into the country you have chosen.

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  1. You can then see details of any relevant tariffs.

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  1. The next phase shows you relevant mandatory requirements.

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5.Then you can review the opportunities to use e-commerce.

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  1. Finally, you are provided an overview of the number of potential partners by category (you will need subscription access to ITC's Trade Map for the details of these potential partners).

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The Global Trade Helpdesk is brought to you by:


Kompass Direct Bespoke List Service uses the same online interface as the free services, use the search criteria to create your own tailored target list for downloading. Prices on request - but mention that you saw this service here to be given a 10% discount. (*The price for the file containing your target list is shown before you buy.)

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*N.B. If you just need a list of a few hundred companies, this is an economic alternative to EasyBusiness. However, if you need heavier access to the Kompass database, then you should consider subscribing to EasyBusiness.


Kompass EasyBusiness

The global Kompass EasyBusiness database will help you find the right customer leads and marketing lists, whether you use data for telesales, email, digital marketing events or direct mail campaigns. Kompass' dedicated teams on the ground collect data locally, giving them a real understanding of your target markets, as well as helping Kompass satisfy data compliance regulations in each region.

  • Expert data specialists in 70+ countries - collecting and verifying data locally – so Kompass can share their valuable local knowledge without you even leaving your office.
  • Access a database of more than 53 million companies worldwide, whether you need business information for email marketing, telesales, field sales or direct mail, use their range of tools to drill down to find exactly the right list of sales leads for your campaign.
  • More than 60 key search criteria to help you source relevant prospects for your sales and marketing activity. You can refine and view your targeted marketing lists, then export the data or upload onto your own CRM system.
  • Focus on the right contacts. Smart data will help you find new business contacts as well as develop your business in new markets. Sales Accelerator, our EasyBusiness add-on integrates live Big Data from 200k media sources (web, social, networks, blogs). This not only gives you access to thousands of contacts, but you can also setup customised news and job alerts to help you keep track of your leads.

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Pricing:

UK, Europe, Worldwide or bespoke country packs available – prices start from just £1,495 plus vat for a full 12 months access. (Mention that you the service here and you will be given a 10% discount.)


International Reports - Trade Internationally With Confidence

Before you decide whether to offer trade credit to an international client, you should consider ordering a Credit Report. Credit controllers can then set credit limits that are appropriate for their circumstances.

  1. Search the company here to check a company.
  2. Select from the report choices offered (links to sample reports are offered to help you decide).
  3. Pay by credit/debit card or PayPal - or, if you prefer, you can request a pro-forma invoice to make a bank transfer.

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First Report offers reports from over 200 countries and employs the best agents available in each country/region/area. The on-line reports are automatically updated the moment new and verified data is available assuring the latest report is always sent to you.

Credit Reports for: Belgium, Czech Republic, Denmark, France, Germany, Ireland (Eire), Italy, Japan, Luxembourg, Mexico, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland and USA are delivered online. For all other countries, offline reports can be provided within 2-10 days according to the speed requested when placing your order.


International Credit Scores

First Reports' on-line International Credit Reports sometimes have letters in place to determine the given risk. The chart below shows how the risk is scored:

  • A Very Good Credit Worthiness (Lowest Risk).
  • B Good Credit Worthiness (Low Risk).
  • C Satisfactory Credit Worthiness (Moderate Risk).
  • D Not Creditworthy.
  • E Rating suspended.

Where the risk is shown as a number it is normally scored out of 100 where the lowest risk is the highest number. If the score is not made out of 100 the score would usually be shown as for example 5/10.


International Price Tariffs

These are based on International Credits per Report with a single International Credit costing £9.00 (+VAT)

The minimum cost for an International Report is 5 International Credits.


For further details and explanations covering the details behind the Credit Report analyses and Credit Score calculations see First Report's FAQs. - If you would like to discuss anything with First Report by telephone then you can call FreePhone 0800 716998 or +44 (0)344 414 4014 Monday to Friday during UK Business Hours - or visit First Report and chat online (again during UK business hours).


EU VAT and EORI Numbers

To contract with other companies in the EU, you should also check their VAT and EORI numbers - which you will need for commercial and customs documentation:

Check VAT Numbers:

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Check EORI Numbers:

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Great - you've chosen the new foreign markets you intend to approach. The next steps are to review and then translate:

  1. Your website - or at least key elements of it.
  2. Other marketing and sales collateral you intend to use. (Don't forget to set up your Multilingual Microsite - using the Coupon TTS50DISCOUNT31122024 - this will give you a 50% discount off the list price.)

Do not use AI to translate these. As is explained in the section: Back Office Support/Language Services there is a role for Machine Translations but not for your key collateral. Even if you are focusing on an English speaking overseas market, you need to check for cultural and linguistic differences to ensure that you are conveying the precise messages that will be correctly understood in the target market(s).

There are 2 TTS eGuides on the topic of foreign language considerations:

Also, PAB Languages have prepared the following white papers which address issues to be taken into account: