Business Florida
Get FREE Business News Updates


November 26, 2015

Top 5 Reasons to do Business in Florida

#5 Global Access

Florida links your business to the world in ways that no other Western Hemisphere site can.

| 9/20/2012
For companies looking to “go global,” the state’s unique combination of strategic geographic location, state-of-the-art infrastructure, multilingual workforce and concentration of corporate and financial resources facilitates the easy flow of people, goods and services.


• Merchandise trade (exports plus imports) totaled $149.2 billion in 2011, an increase of 18.2% over 2010 and better than U.S. trade growth overall

• 26% of total U.S. trade with Latin America and the Caribbean, more than any other state

• 2nd largest Foreign Trade Zone (FTZ) network in the nation, where tariff-free value can be added to foreign goods before they are shipped on to other countries


• 58,310 exporting companies, representing 20% of all U.S. exporting companies

• Merchandise exports totaling $86.8 billion in 2011, an increase of 18.7% over 2010

• 3rd largest exporter of high-tech goods among U.S. states with sales exceeding $16.4 billion in 2011, a gain of 18.4% over 2010 and an all-time high

• A leader in knowledge-based exports — accounting, consulting, engineering, legal, medical and other services — at $34.7 billion in 2011

• $64.8 billion in Florida-origin exports — goods produced or with significant value added in Florida — accounting for 19% of all U.S. exports to Latin America and the Caribbean in 2011

• At $62.4 billion in 2011, imports grew by 17.4% over 2010

• $13 billion worth of imports in 2011 from China and Japan alone


• 8th among all U.S. states in total value of holdings by majority foreign-owned firms

• 6th in FDI employment

• Home to 20 EB-5 Regional Centers offering foreign nationals the opportunity to obtain permanent U.S. residency while investing in Florida through the EB-5 Investor Visa program

• Majority foreign-owned companies from the European Union account for 57% of all FDI employment in Florida, followed by Asian/Pacific countries (21%), Canada (9%) and Latin America/Caribbean/Mexico (8%)


• International business — trade in goods and services plus foreign direct investment — accounts for 18% of Florida’s economic output and 1 out of every 6 jobs

• With an increase in exports of 17% in 2011, Florida is on track with its 5-year goal to double exports by the end of 2014

Florida’s Top 5 Merchandise Trading Partners

1. Brazil - $18.5 billion

2. Colombia - $9.1 billion

3. China - $8.3 billion

4. Venezuela - $7.9 billion

5. Switzerland - $7.9 billion

For exporting assistance, visit

Tags: Business Florida, Why Florida?

Florida Business News

Florida Trend Video Pick

Blue Origin launches, lands New Shepard rocket booster
Blue Origin launches, lands New Shepard rocket booster

Blue Origin completed a test flight this week that successfully launched a vehicle to space and landed the rocket booster. 

Earlier Videos | Viewpoints@FloridaTrend

Ballot Box

Do you think playing daily fantasy sports (and betting) is gambling, or not?

  • Yes, it's gambling
  • No, it's a game of skill

See Results