TALLAHASSEE, FL (May 8, 2014) – Numbers show Brazil is Florida’s largest export trading partner, with $20.5 billion valued in trade last year— the largest amount of trade ever between Florida and a foreign country, announced the Florida Chamber of Commerce today.
“This speaks to the importance and impact international trade has on Florida businesses and families,” said Alice Ancona, Director of Global Outreach at the Florida Chamber’s South Florida office. “The Florida Chamber Foundation’s Florida Trade and Logistics Study 2.0 (TL2.0) is a road map to capitalize on a once-in-a-generation opportunity for Florida to become a global hub for trade and investment, and transform Florida’s economy. The Florida-Brazil Partnership’s goal is to help Florida capture and maximize the opportunities brought via Brazil’s historic growth.”
As Florida celebrates the month of May as World Trade Month, The Florida Chamber’s Florida-Brazil Partnership works to highlight the importance of Brazilian trade relationships with Florida’s growing tourism, manufacturing, trade and export businesses. More than a quarter of the $20.5 billion in trade last year were from goods produced here in Florida. Additionally, 1.8 million Brazilians visited Florida in 2013— adding more than $2.3 billion to the local economy.
“Brazil is a key partner to the state of Florida, not just in terms of tourism, but also in terms of real estate and business investment,” said Glenn Cooper, Shareholder, Gray Robinson P.A., and Chair of the Florida-Brazil Partnership.
For Florida, global trade means high-wage jobs and economic prosperity. The Sunshine State is home to more than 60,000 firms dedicated to bringing their goods and services to consumers around the globe. International business and foreign direct investment accounts for approximately 17 percent of Florida’s economic activity, and directly supports more than 1 million Florida jobs. This considerable impact on Florida’s economy led to Governor Rick Scott designating May as World Trade Month.
“Florida’s future prosperity and our growth as a global hub for international trade are inextricably linked,” said Ancona. “In order for Florida to continue on its mission to be a global hub for trade, the business community must unite and policymakers must remain committed to Florida’s trade future.”
Established in 1916 as Florida’s first statewide business advocacy organization, the Florida Chamber of Commerce is the voice of business and the state’s largest federation of employers, chambers of commerce and associations, aggressively representing small and large businesses from every industry and every region. The Florida Chamber works within all branches of government to affect those changes set forth in the annual Florida Business Agenda, and which are seen as critical to secure Florida’s future. The Florida Chamber works closely with its Political Operations and the Florida Chamber Foundation. Visit www.FloridaChamber.com for more information.