PIERS Now Offers Argentine Import-Export Trade Data

NEWARK, New Jersey, May 28 /PRNewswire/ --

PIERS Global Intelligence Solutions, a Commonwealth Business Media
company and the leading provider of U.S. trade data, has expanded its
international import-export database resources to include current and
historical data on Argentina's overland, water- and airborne cross-border
commerce with the rest of the world.

"This is an important addition to our Latin American database, which now
includes the top seven of the 12 South American national economies -- Brazil,
Argentina, Colombia, Venezuela, Chile, Peru, and Ecuador -- as well as
U.S.-NAFTA partner Mexico," explains Wael Jarous, vice president of PIERS
Commercial Sales.

"At PIERS, we always intend to enlarge our commercial intelligence
assets," continues Jarous. "It takes time because we want to ensure that our
agents abroad have the access to authoritative sources -- typically Customs
authorities - and can provide data that meets the same industry-leading
standards of accuracy and comprehensiveness set by our U.S. import-export
trade database."

The PIERS Argentine data will yield the "who, what, when and where" of
import-export transactions, Jarous says, including names of shippers &
consignees, points of origin and destination, commodity descriptions, and
actual freight and goods values. PIERS offers online access to its
international database by subscription, or as custom datasets for one-time
purchase. Data may also be delivered via CD or in print report formats.

A key player in global commerce, Argentina is one of the five full
members (the others are Brazil, Paraguay, Uruguay, and Venezuela) of
MERCOSUR, South America's largest and the world's fourth largest trading
block after the European Union (EU), North American Free Trade Agreement
(NAFTA), and the Association of South East Asian Nations (ASEAN).

According to U.S. State Dept. figures, Argentina exports in 2007 amounted
to US$55.4 million, with MERCOSUR (22%), the EU (18%) and NAFTA (11%) the top
markets. Imports in 2007 totalled US$44.8 billion, with MERCOSUR partners
(36%), EU (17%) and NAFTA (16%) the top sources -- with the U.S. accounting
for approximately 13% of Argentine imports. Two-way trade in goods between
the U.S. and Argentina neared US$9 billion in 2006, while two-way trade in
services exceeded US$3.2 billion according to the U.S. Department of
Commerce. The Argentine economy, in strong resurgence since 2003, is expected
to continue to perform well in 2008 with GDP growth projected at 6.9%,
according to the Argentine Central Bank's consensus survey.

For information about PIERS Argentine or other international trade
databases, go to http://www.piers.com/piersproducts.aspx, or call
+1-800-952-3839 ext 7175.

About PIERS Global Intelligence Solutions

PIERS is the primary source of U.S. waterborne trade information and a
leader in global trade solutions.

Launched over 30 years ago by The Journal of Commerce as the Port Import
Export Reporting Service, its first venture in electronic information, PIERS
quickly became the standard reference on container trade for the maritime
industry.

The database that is at the core of PIERS information products is unique.
Based on the manifests and bills of lading that document import-export
activity, and checked by reporters in every port, the PIERS database yields
the most timely, accurate, comprehensive information available on trade
through U.S. Ports.

More specialized PIERS databases also offer historical data back to the
1950's, trade finance data, and Asia and Latin American trade data.

PIERS economists and researchers supply expert data analysis and
interpretation to support decision-marking, while detailed and customizable
datasets yield solutions for cross-border marketing, supply-chain management
and competitive intelligence.

A roster of over 6,000 private industry, trade association, and domestic
and foreign government clients, representing more than 40 countries, relies
on PIERS to translate trade data into meaningful intelligence that guides
their global business strategies. For more information visit
http://www.piers.com

About Commonwealth Business Media

Commonwealth Business Media, Inc., a subsidiary of United Business Media
plc, is the leading information provider to the global trade and
transportation market with comprehensive proprietary data, news and
analytical content. Its leading brands include The Journal of Commerce, PIERS
Global Intelligence Solutions, BACK Aviation Solutions, Air Cargo World,
Traffic World, OAG and Aviation Industry Group, a number of directory
databases covering the international trade, railroad and trucking markets.
The Company also produces more than 30 conferences serving the international
trade, aviation and maritime markets. Commonwealth is headquartered in East
Windsor, New Jersey, with offices in Newark, San Francisco, New Haven, Long
Beach, Atlanta, Montreal, Toronto, Washington DC, Ft. Lauderdale, Tampa,
Singapore, Hong Kong and London. For more information on Commonwealth
Business Media, Inc. and the products they offer, visit
http://www.cbizmedia.com

Web site: http://www.cbizmedia.com
              http://www.piers.com