SOURCE: Zepol Corporation

Zepol Corporation

June 12, 2009 10:00 ET

Zepol Corporation Announces Its Top Five Insights Found in the U.S. Census Bureau's Merchandise Trade Data

Examination of April's Trade Data Leads to a Few Surprises

MINNEAPOLIS, MN--(Marketwire - June 12, 2009) - On Wednesday, June 10, 2009, the United States Census Bureau released its monthly merchandise trade data report, which tracks the movement of goods between foreign countries and the United States, Puerto Rico, the U.S. Virgin Islands, and U.S. Foreign Trade Zones. The report found that the country's deficit in goods and services increased to $29.2 billion in April from $28.5 billion in March. To further understand the government's trade numbers, Zepol Corporation has created an update showing the top five surprises within the data.

Specifically, Zepol highlights the following items:

    1. Decrease in Imports was driven by Air and Other transportation types
    2. Exports to Iran grew over 500% in the last year
    3. Most highly trafficked container ports are suffering
    4. Oil imports are down over 53% from last April
    5. Corn exports are stable by weight, but value has decreased from 2008

"It is said that trade makes up about 15% of the total economy, but the impact on our economic system is more significant because trade is often the bellwether of consumer demand, both in the United States and abroad," states Paul Rasmussen, CEO & President of Zepol Corporation. "To give businesses a better understanding of what is really happening, what products are growing, and where trade is shrinking, Zepol has developed this monthly update."

Zepol's trade data tools analyze the United States trade economy by creating powerful insights using both U.S. Census and U.S. Customs trade data. The monthly U.S. Census Bureau update is created using Zepol's U.S. Census trade data tool, TradeView™. TradeView™ provides users around the world with access to the latest trade data through a unique interface that allows them to slice and analyze the data in ways no other trade data tool can.

About Zepol Corporation:

Zepol Corporation is a Minnesota-based company working to provide the most complete and up-to-date trade data to organizations around the world. Zepol Corporation provides trade data tools, TradeIQ™ and TradeView™, for analyzing the United States trade marketplace. TradeIQ™ is an up-to-date U.S. Customs import Bill of Lading database and is available through an online interface. TradeView™ provides access to U.S. Census data to visualize the import and export economy. For access to one of Zepol's trade data tools, visit www.zepol.com and register for a free trial or demonstration. Additional trade data information is available from Zepol's Trade Data Blog at http://www.zepol.com/blog.aspx. To view Zepol's containerized import update for May go to http://www.zepol.com/blog/post/2009/06/09/US-Customs-Trade-Data-e28093-May-Import-Data-Update.aspx.

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