WorldTradeDaily.com Concludes First Year of Publication with Launch of WTD 2.0

29/08/2012 by Robert Thompson 1 Comment

WorldTradeDaily.com celebrated its one year anniversary May 1st, 2012 365 days of consecutive publication. During the year we have undergone several evolutions in focus, content and design. The breadth and depth of our viewership has correspondingly enlarged. Half of our readers live outside the U.S. from over 120 countries. This is important to us, since we strive to maintain a global, non ethnocentric viewpoint and provide value to an international audience.

I launched WorldTradeDaily.com with several ideas in mind, some personal some commercial. Commercially, I sought to extract value from the assets retained (database repositories, artificial intelligence engine, application licenses) following the UBM Global Trade/ PIERS acquisition as well as my consulting and application development services. Personally, I sustain a passion for international trade, making an impact, creating cool technologies and applications, and working with talented people. WTD provided a forum and platform to explore and promote those ideas and ideals.

What now? Well, the ideas and ideals remain the same. We’d like to further enhance the content and expand the reach. Finding an appropriate commercial sponsor and partnering University would accelerate the process to be sure.

We concluded our first year’s publication with interviews and observations from the 25th Annual NASBITE (National Association of Small Business and International Trade Educators) conference. Throughout the next couple of months, we will republish selected articles from the previous year, while redesigning the website and restructuring business operations. Commencing in July/August, we intend to launch WTD 2.0. ideally incorporating daily video stories in addition to new article content. WorldTradeDaily.com will remain true to its motto: “Uncovering and Reporting on the Stories Buried Within International Trade Data… Every Day.”

Throughout the subsequent year, we will report on Products– at least during the 250+ week days (Monday – Friday) – while presenting pertinent international trade and economic news stories on the 100+ weekend days.

Specifically, we will dig deep into the $2 trillion+ of annual U.S. import flows. There are a number of reasons for this. The U.S. market is considered one of the easiest markets to access for overseas suppliers. Relevant information on what, how much, when is bought by who is very valuable information for existing or prospective foreign manufacturers. Also, U.S. companies gain strategic advantage by sourcing well and keeping up to date. In addition, a plethora of data exists – including U.S. Customs Waterborne Import Shipping Manifest data (which is transactional and daily) – that can greatly aid in “uncovering and reporting” on the valuable “stories buried within”. Lastly, there are a handful of valuable sources providing assistance and analysis on U.S. Exports, and not as many representing and looking at U.S. Imports and Importers.

The following are example of previous trade reports. Click on the image to view the respective article. Click this link to view a summary of all trade reports written by Isaac Thompson, who interned for WorldTradeDaily.com during this last semester.