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Sector portrait
Miami: International
Impact
Global Headquarters: Some 230 multinational companies have their global headquarters in the tri-county area, and about 170 have their U.S. or Americas headquarters here.
Global Revenue: 28 multinational companies manage revenue of more than $1 billion from their Miami-Dade offices.
Miami Customs District Top Trading Partners (2008) |
|
Country |
Total Trade (billions) |
Brazil |
$13.2 |
Venezuela |
6.4 |
Colombia |
5.6 |
China |
4.7 |
Dominican Republic |
4.5 |
Honduras |
4.0 |
Costa Rica |
4.0 |
Chile |
3.3 |
Peru | 2.5 |
Argentina | 2.4 |
International Air Freight: In 2008, Miami International Airport ranked No. 1 in the U.S. and No. 10 in the world for tons of international freight, with more than 1.7 million tons — 88% of its total freight volume. Through November 2009, MIA had 1.3 million tons of international freight, down 15% from the same period in 2008.
International Passengers: 16.1 million passengers used MIA on international flights in 2008 (47% of total passengers), making it the No. 3 airport in the U.S. for international passengers and No. 31 in the world. Through November 2009, 14.5 million international passengers came through MIA, down 1.2% from the same period in 2008.
Flights: 53 international and 42 U.S. airlines fly out of MIA.
Seaport: The Port of Miami-Dade services some 250 ports in more than 100 countries.
International Visitors: 5.2 million international visitors came to Miami-Dade from October 2008-September 2009. That represented 48% of the county's total visitors during that time.
International Productions: Last year, an estimated 30% to 40% of the $100 million in local revenue from location filming came from international productions. The No. 1 foreign filmmaker was the United Kingdom.
Miami Customs District: The district, which includes airports and seaports in Miami-Dade, Broward, Palm Beach and St. Lucie counties, was the No. 11 customs district in the country for international trade for January-November 2009. It was No. 13 in 2008.
53 international airlines use MIA. |
Imports and Exports: The Miami Customs District's top imports in 2008 were refined petroleum, aircraft, returned exports, sweaters and T-shirts. Its top exports were computers, telephones, computer parts, jet engines and computer chips.
Foreign Trade Zones: 3 — the Miami Free Zone in Doral, with 625,000 square feet of warehouse and 225,000 square feet of showroom/office space; the Homestead Foreign Trade Zone, on 1,000 acres; and FTZ No. 180 in Wynwood
Port of Miami's Top Trading Partners (2008)
- China
- Honduras
- Germany
- Dominican Republic
- Guatemala
Foreign-Born Population: 49% of the county's population is foreign born, according to the 2000 Census; the next Census will likely show more than half are.
Consular Corp.: With 72 consuls general, the county is home to the third-largest consular corps in the U.S.
Bi-National Chambers of Commerce: More than 30
Miami International Trade |
Trade |
||
Jan.-Nov. 2008 (billions) |
$76.0 | 2008 (billions) |
|
Jan.-Nov. 2009 (billions) |
$64.4 | Total Trade |
$90.25 |
% Change |
-15% | Exports |
$54.92 |
% Change in Total U.S. Trade | -27% | Imports | $35.33 |
The Miami Free Zone in Doral has almost 1 million square feet of space. [Photo: Steven Brooke Studios] |