May is named World Trade Month by the International Trade Administration (ITA). The celebration kicked off with WorldCity presenting its annual analysis of Miami trade at a luncheon at the Coral Gables Hyatt Regency on May 1, 2013. The ITA hopes to ensure the competitiveness of US businesses through international trade.
Florida Gov. Rick Scott has also declared May as Florida World Trade Month as part of his continuing efforts to increase international business in Florida. A record-breaking $124.7 billion worth of products were traded through South Florida airports and seaports in 2012.
International businesses employ 223,500 Floridians, and their salaries are around 30 percent more than the Florida average. These international businesses make up 18 percent of the Florida economy. Canada and China are the top two U.S. trading partners.
For help with international trade and other international business matters, contact Boyer Law Firm today.