Miami and Southeast Florida are home to the largest ports in Florida. It stands out as one of the main points of entry for goods to the United States, especially from the Americas and the Caribbean region. Southeast Florida is a benchmark in international trade, particularly in North America, serving as a business hub for free trade zones and distribution centers for the entire North American and Caribbean region.
Business Opportunities in Miami and South Florida for Latin America
The advantages and geographic location, the cultural and ethnic diversity of its population and residents, the availability of labor, and the current offer of specialized services for international trade activities allow Miami to consolidate itself as an important business destination in the following economic areas:
Logistics and Supply Chain
The Port of Miami, according to data from the Miami Dade Government for 2020, despite pandemic restrictions, handled nearly 9.7 million tons of cargo, from machinery to textiles. On the other hand, Miami International Airport, according to Airport World, had a record cargo movement of over 2.3 million tons in the same year. Miami airport is currently considered the busiest in terms of passenger traffic within the United States.
Maritime Industry
The ports of South Florida, including the Port of Miami, are pillars of the United States economy. It is a global reference in terms of export and port logistics. According to information from the Miami Dade Government, in 2020, the Port of Miami docked more than 800 cargo vessels, representing a value of US$45.5 billion.
Headquarters for Multinational Companies
Miami is the destination for global business. Data from the Miami Downtown Development Authority indicate that the city is the primary center for finance, commerce, and international business in the Americas, making it an ideal environment and hub for investment and logistics connecting companies from the United States and around the world.