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Florida Internaional Trade Articles

Government, business leaders urge capitalizing on canal expansion

Posted by Johanna Sanchez

Oct 31, 2014 10:24:00 AM

With more investment, Florida can lead the Western Hemisphere in global trade, speakers preached to audience members at a Thursday symposium.

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Topics: International Trade, Florida Economy, Economic Opportunity

Florida wins federal grant for small business exports

Posted by Johanna Sanchez

Sep 4, 2014 10:34:00 AM

Florida won a $311,000 federal grant Wednesday to help small businesses increase their foreign exports.

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Topics: Florida Economy, Florida Exports, florida export, export, finance, Small Business

More than 1,200 multinationals hold sway in South Florida

Posted by Johanna Sanchez

Aug 20, 2014 11:46:00 AM

The sharpest, shrewdest and most seasoned business minds with expertise in Latin America and the Caribbean are in Miami, in our back yard. One problem. They’re not often in their own back yards.

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Topics: Florida Economy, Florida International Business, florida businesses

FL Chamber's Did You Know: 47,500 FL Farms Produce 300 Commodities

Posted by Johanna Sanchez

Jun 9, 2014 3:35:00 PM

Did you know? Florida’s 47,500 farms produce nearly 300 different commodities on more than nine million acres of land. Florida’s agriculture industry employs two million people and contributes more than $104 billion to our state’s economy each year, historically making it one of the top three economic drivers for the Sunshine State, along with tourism and construction.

We cannot speak to Florida’s future without analyzing the importance of agriculture as one of our foundations.  In fact, 20 percent of Florida’s labor force is employed in some way in the agricultural industry, with the agriculture industry alone accounting for more than 13 percent of our economic activity.

This week, we examine the role of agricultural products in conjunction with global trade.

The Florida Chamber Foundation’s recent international trade study, Florida: Made for Trade, Florida Trade & Logistics Study 2.0, reports that the global economy is expected to double in size over the next 20 years, with more than a billion new consumers by 2020. To Florida’s benefit, the state’s agriculture industry is leveraging this growth. In fact, Florida is second in global orange juice production and is the world’s leading producer of grapefruit according to the Florida Department of Citrus. The 2014 Fresh from Florida International Report also highlights the trends in Florida agricultural exports for 2013:
Florida enjoyed another year of record agricultural exports totaling $4.116 billion, an increase of 1.9% from 2012. Increases in exports of live animals, oil crops, grains and vegetables offset decreases in prepared fruits and vegetables, sugars and a slight decrease in shipments of edible fruits and nuts. Florida’s exports have grown at an annual rate of 8.4% since 2003. Exports have grown every year since 2009.

The report also indicates Canada is the largest destination for agricultural exports, accounting for nearly a quarter of total export destinations. In a statement accompanying the report, Agriculture Commissioner Adam Putnam highlights the fact that increasing exports leads to more jobs in Florida.

"Florida’s agricultural products are of the highest quality, and we’re proud to see international demand on the rise," Putnam said.
Continuing Florida’s dominance in agriculture will mean greater exports. As the global economy doubles in size throughout the next 20 years, our agricultural industry must continue to innovate to capture growing market presence.

“Florida’s economy is invariably tied to the agriculture industry, and we in the business community must continually strive to protect and expand our preeminence, both nationally and globally” said Tracy Duda Chapman, Senior Vice President with A. Duda & Sons, Inc. one of Florida’s prominent land and agricultural companies. “At DUDA, our commitment is both for now and the long-term – we are consistently looking to what Florida’s future economy will need 15, 20, and even 50 years out.  Whether through specific land use policies, technological innovation, or R&D for improving production and harvest practices, our mission is to create a sustainable, thriving, and expanding agricultural market in Florida.  As a family-owned company, this is how we secure the most prosperous future, not just for us, but for future generations of Floridians.”

TELL US YOUR STORY: We want to know your experiences and your suggestions on how Florida can continue along the path of future success and prosperity.

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Topics: International Business, International Trade, Florida Economy, Florida Chamber

Global Trade is Big Business in Florida

Posted by Johanna Sanchez

May 14, 2014 9:56:00 AM

Gov. Rick Scott recently declared May as World Trade Month in Florida, and this week’s Scorecard Stat takes a look at just how important international trade is to securing Florida’s future.

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Topics: International Trade, Florida International Business, florida Chamber of Commerce, florida businesses

Florida Provides a Giant Pier Into Ocean Trade Lanes

Posted by Johanna Llanos

Nov 13, 2013 9:47:00 AM

Florida is strategically positioned to become a global trade hub, according to a recent report from the Florida Chamber Foundation, and Jacksonville has the potential to play a part.

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Topics: International Trade, Florida Economy, Florida International Business, Economic Opportunity

New Highway in Clogged-Brazil Opens More Possibilities for Grain Exports

Posted by Johanna Llanos

Oct 23, 2013 10:44:00 AM

A highway, decades in the making, will finally open in Brazil offering a shortcut through the Amazon jungle to north-eastern waterways for the growing corn and soybean trade. The BR-163 highway connecting Mato Grosso state’s soy belt to two key river ports will boost grain exports by some 3 million tons next year, offering a bit of relief to congested ports in the southeast, where most shipments originate.
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Topics: International Trade, Florida Economy, Florida International Business

Florida Needs More International Trade to Double Exports by 2015

Posted by Johanna Llanos

Apr 11, 2013 12:07:00 PM

The Florida Chamber Foundation is focused on doubling Florida-origin exports by 2015 when compared to 2010. This goal appears out of reach, as the annual growth rate of the state’s exports slowed drastically to a mere 2.3% in 2012. This is a sharp decrease from the 2011 annual growth rate of 17.2%. This decrease can partially be explained by the slow growth of export prices in 2012. Yet, even after adjusting for inflation, Florida’s export growth appeared to slow over the past year. Tracking international trade flows through the sunshine state is a critical component of monitoring Florida’s progress to a new and sustainable economy. Imports provide consumers with the goods and services they demand, as exports spur production and job creation across many industries. The slow growth of Florida’s total export value in 2012 provides a minor setback in achieving this goal. Given that Florida exports in 2012 totaled approximately $66 billion, Florida will need to increase exports by over 18% each year if it is to reach this $111 billion target.

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Topics: Florida Economy, Economy, Florida International Business

Breaking bread builds international business (Video)

Posted by Luana Goncalves

Mar 8, 2013 12:02:00 PM

If your company is looking to expand into overseas markets, the first step may be hosting someone from that country in your home for dinner.

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Topics: International Business, International Trade, business advice

Mexico Finds Unlikely Allies in Trade Fight

Posted by Johanna Llanos

Dec 26, 2012 11:13:00 AM

As tomato growers in Florida and some other states fight a 16-year-old agreement that they contend allows farmers in Mexico to export tomatoes at a price below their costs, the Mexican farmers are finding allies in the United States.

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Topics: Florida Economy, Florida Foreign Trade, florida farmers