
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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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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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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International trade through South Florida was up more than 10 percent during the first nine months of the year, putting the Miami Customs District in position to finish among the nation’s Top 10 Customs districts for the first time.
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Stability, economic growth and a new trade agreement are creating stronger Florida-Colombia trade links. On the 11th floor of a midrise office tower on the north side of Bogotá, Colombia's capital, the 2,400-sq.-ft. offices of law firm Holland & Knight offer a vista that includes the Andes mountains, a dense urban skyline and taxi-clogged roadways.
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The coming wave of transoceanic shipping steamed into Port Everglades early Monday morning and tied up at Berth 32.
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Swiveling his chair in a Port of Miami conference room, Bill Johnson smacks his hand on a wall- mounted image that shows planned upgrades. Here, a new highway tunnel. There, a refurbished rail link.
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A Year in Review: Florida’s International Trade Activity, International trade activity is a vital component of Florida’s overall economic system. The state’s trade flows allow consumers to obtain valuable goods and services from abroad, increase business competition, and create a substantial number of jobs within trade and logistics firms. For example, Enterprise Florida estimates that 1.1 million Florida jobs are related to international business. Moreover, Florida-origin net exports are a primary driver of the state’s economic output.
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The World Bank’s Board of Executive Directors has approved US$125 million to finance transport and trade improvements in the Central African Republic (CAR).The funds will support the Economic and Monetary Community of Central Africa (CEMAC)’s Transport and Transit Facilitation Project, a regional program designed to improve commerce and connect Cameroon, Chad, and CAR to local and global markets by reducing transit bottlenecks along two key corridors: Douala – N’Djamena and Douala – Bangui.
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The market considers a variety of inputs in pricing the value of a floating currency. The dollar has more going for it than is generally understood.
The conventional view looks at the domestic credit bubble, the trillions in derivatives and the phantom assets propping the whole mess up and concludes that the only way out is to print the U.S. dollar into oblivion, i.e. create enough dollars that the debts can be paid but in doing so, depreciate the dollar's purchasing power to near-zero.
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