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International
Trade Activity and Infrastructure
Miami handles the bulk of all U.S. trade with Latin America
Miami had a total merchandise trade of $51.947 billion in 1999, up $230 million
from 1998
Miami had a total merchandise trade with South America of $19,786 billion
Miami handles 60% of all U.S. trade with Central America
Miami handles 46% of all U.S. trade with the Caribbean region
Miami handles 27% of all U.S. trade with South America
Miami’s largest regional trading partners: Brazil, Dominican Republic,
Colombia, Venezuela, Argentina
Total exports from Miami Customs District were $28.538 billion dollars in 1999,
a decrease of 5.5% from 1998
In 1999, 87.3% of Miami Customs District’s total exports was with Latin
American and the Caribbean countries
Internet Coast
Brands Southeast Florida as the InternetCoast
Continues to develop as the Internet Gateway to South America
Miami-Dade County ranks 5th in the world among telecommunications centers;
America’s Network (Sept. 2000)
Banks
Miami: "Financial Capital of Latin America and the Caribbean"
121 national and international banks with $58.3 billion in total deposits
13 Edge Act banks with $7.0 billion in deposits
38 State licensed foreign bank agencies with $12.5 billion in deposits
59 Commercial banks and 11 thrift institutions with $38.8 billion in deposits
Miami International Airport
More than 33.8 million passengers in 1999
Number one international freight airport in the U.S. - handling just under 1.5
million cargo tons; number six in the world
112 airlines offering passenger and cargo service
Offers more passenger/cargo flights to Latin America than all other U.S.
airports combined
3rd largest U.S. airport after John F. Kennedy, (JFK) in New York and Los
Angeles International, (LAX) in Los Angeles for international passengers in
1999.
1,400 daily flights to more than 160 cities around the world.
Port of Miami
6.9 million tons of cargo in 1999
Exports totaled 3,190,769 tons in 1999
Imports totaled 3,739,603 tons in 1999
40+ shipping lines connecting 362 ports in 132 countries in the world
Provides complete roll-on and roll-off services
Largest number of sailings to Latin America
Cruise ship capital of the world (3,112,355 passengers in 1999)
www.co.miami-dade.fl.us/portofmiami
International Business
Over 500 multinational companies - Apple, AT&T, Airbus, American Express,
Lucent Technologies, IBM, Bank of Tokyo-Mitsubishi, Barclays Bank, Burger King
Corp., Disney Consumer Production, Eastman Kodak, Fiat, General Electric,
Hewlett Packard, Lufthansa, Mercedes-Benz, Odebrecht, Recchi, Royal Caribbean
International , Ryder Systems, Telefonica, Volkswagen, Porsche, Samsung and Sony
Miami is ranked as the best U.S. city for doing business with Latin America;
America Economia (Aug. 2000)
Miami Free Zone
660,000 sq. ft. in warehouses, including 100,000 sq. ft. of general public
warehouse
186,000 sq. ft. office/exhibition area
Miami Free Zone processes $1.7 billion of goods in commercial transactions each
year
More than 140 companies, dealing with 102 countries
www.miamizone.com
Homestead Foreign Trade Zone
Located on 1,000 cares
Includes Homestead Park of Commerce
2 miles from proposed new airport
Next to Homestead Motorsports Complex & Baseball Complex
Organizations
61 foreign consulate offices in South Florida
25 foreign trade offices
40 bi-national chambers of commerce
Education
Miami-Dade County’s International Schools Program prepares students for
international careers and enables them to get dual education and accreditation
in America/German, American/Spanish and American/French curricula. This program
is sanctioned by the German, Spanish and French governments
University of Miami’s North/South Center and Florida International
University’s Latin American and Caribbean Center are forums for exchanging
ideas, technology and research among nations in the Western Hemisphere
www.dcps.dadek12fl.us
Human Capital
59.6% white collar employees
21.4% blue collar employees
19% service employees Miami-Dade County has a diverse population speaking many
languages including, Spanish, Portuguese, French, German and Japanese.