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Sector Portrait: Trade
International Trade is a Bright Spot for Florida
Trends and challenges at Florida's airports, seaports, and free trade zones.
Challenge: Competition
It's a conundrum that leaves state trade officials shaking their heads — despite the success and capacity of Florida's ports, many Florida businesses continue to use out-of-state ports such as those in Savannah, Ga., Charleston, S.C., and Norfolk, Va., to ship and receive goods.
"There are significant opportunities that are bypassing Florida today." — Phil Allen, Port Everglades director/chairman of the Florida Ports Council |
Meanwhile, imports from Latin America that could come into Florida and then make their way to the rest of the U.S. are coming into Houston and L.A. According to a report by the Florida Chamber Foundation, Florida seaports in 2009 handled only 55% of the waterborne cargo imports that were used in this state and 75% of the exports produced here. Panama's Colon Free Zone grabs some transshipment business that Florida could handle, and at least one port in the Bahamas can already handle the post-Panamax container ships for which Florida ports are too shallow.
Outgoing
Three Florida ports are among the top 15 exporting ports in the U.S.:
No. 11
Port Everglades ($11.1 billion in exports in 2010)No. 13
Port of Miami ($10.3 billion in exports)No. 15
Jaxport ($9.2 billion in exports)Source: Port Everglades
Trade Math, 2010
Florida-origin exports: $55.2 billion, a record (up 17.8% from 2009)
+ Other exports: $17.8 billion
+ Imports: $53.2 billion (up 23%)
= Total trade: $126.2 billion (up 23%)
Source: Enterprise Florida
Florida Free Trade Zones | |
Name | Federal Zone # |
Brevard County/Port Canaveral | 136 |
Fort Lauderdale | 241 |
Fort Myers | 213 |
Homestead | 166 |
Jacksonville | 64 |
Manatee County | 169 |
Miami | 32 |
Orlando | 42 |
Pinellas County | 193 |
Port Everglades/Broward County | 25 |
Port of Palm Beach | 135 |
Port of Pensacola | 249 |
Port Panama City | 65 |
Sebring | 215 |
Seminole County | 250 |
St. Lucie County | 218 |
Tampa | 79 |
Volusia/Flagler County | 198 |
Listed alphabetically. This list may not be reproduced in any format without written permission from the publisher. | |
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