November 27, 2014

International Trade

Florida-Colombia Trade By-the-Numbers

Stats on commerce, tourism, impact of free trade and more

Lilly Rockwell | 12/3/2012

Free Trade’s Impact

  • $1.1 billion — Value of increased exports from U.S. to Colombia expected as a result of the U.S.-Colombia Free Trade Agreement. In the first five months of 2012, Florida’s trade with Colombia has risen by 18% over from the same period last year.

Trade Agreement

Since the new free trade agreement went into effect, some industries in both countries have gotten an immediate boost:

Colombian Exports to U.S.

  • Aluminum windows and doors: Up 110%
  • Candy: Up 67%
  • Leather handbags: Up 38%
  • Women’s pants: Up 35%

U.S. Exports to Colombia

  • Soil drilling machines: Up 35%
  • Medicine: Up 34%
  • White field corn: Up 28%
  • Automobiles: Up 22%

Colombians in the U.S.

  • Total Colombians in U.S.: 908,734
  • Colombians in Florida: 300,414

Florida and Colombia: The Trade Picture

  • Colombia is Florida’s second-biggest trading partner behind Brazil. Last year, total trade between Florida and Colombia was $9 billion.

 

Tags: International Trade, Florida-Colombia Connection

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