Florida-Colombia Trade By-the-Numbers

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