Presentation for the second meeting of T/L II Steering Committee.

1. Steering Committee
January 18, 2013

2. Agenda
• Welcome Doug Davidson, Bank of America
Dr. Dale A. Brill, Florida Chamber Foundation
• Why Does This Matter?
• Florida Trade Update Evan Enarson-Hering, Cambridge
• Florida’s Opportunities John Kaliski, Cambridge
• Committee Update Mark Wilson, Florida Chamber of Commerce
• Next Steps D
Doug D id
Davidson
2

4. Why Does This Matter?
• Trade Creates Good Jobs
• Trade Is Big Business
• T d M
Trade Means Gl b l L d hi
Global Leadership
• Trade Enables Growth and Diversification
4

6. Have we made progress since 2010?
6

7. Trade Creates Good Jobs
International
I t ti l
trade and
investment
totals …
+ 19,600
,
More trade and logistics jobs since 2010
18% of Florida’s
economy
+ 8 500
8,500
More manufacturing jobs since 2010
gj
7

8. Trade is Big Business
58 000 Florida companies export products
58,000 $69 billion
Exports grew $8 billion from 2010 in imports in 2012
20,600 Florida companies import goods $66 billion
in exports in 2012
Imports grew $14 billi
billion from 2010
8

9. Can We Double Exports by 2015?
100 Export Target Export Value
80
60
40
20
0
2000 2005 2010 2015
9

10. Trade Means Global Leadership
6th
in employment supported by foreign direct investment
4th
in value of exports made in Florida
3rd
in value of high-tech exports
2nd
in share of manufactured goods that are exported
10

12. Florida’s Future Opportunities
Maximizing trade flows Jobs
through Fl id gateways
th h Florida t
Growing export-oriented Business
manufacturing clusters
Positioning Florida as Global Leadership
a global hub
12

13. Maximizing Trade Flows:
What do we know?
• Established market share – 60% of Florida’s total
merchandise trade is with Latin America and the Caribbean
• Import gap – Only 55% of waterborne containers
consumed in Florida enter U.S. through Florida seaports
• Excess capacity – Inbound tonnage 80% larger than
outbound tonnage today
13

14. Maximizing Trade Flows:
What do we need to know?
• How do we preserve market share for N/S trade?
• What is the impact of re-shoring and near-shoring?
• Wh
Where is it f
i feasible t b tt match i / t fl
ibl to better t h in/out flows?
?
• What is the trigger point for increasing share of
imports and di
i t d discretionary t d ?
ti trade?
– Supply chain case studies
14

15. Growing Exports:
What do we know?
• Strong export base - 20% of all U.S. exporting companies
g p p g p
are located in Florida
• Small business matters - 67% of Florida exports are
produced by small and medium size companies
• Competitive advantages - Florida ranks 3rd in exports of
high tech goods
15

16. Growing Exports:
What do we need to know?
• Which exports are likely to grow?
– Alternative export scenarios
• How do we build export-oriented clusters?
– Interviews with policymakers and exporters
– Coordination with partners and ongoing initiatives
16

17. Positioning as a Global Hub:
What do we know?
• International destination – Florida drew 12.6 million
overseas visitors in 2011
• Investment focus – Florida ranked 6th in the nation in
foreign direct investment
• Services center -- Increasing role as supplier of
international business, financial, health services
• Extensive network - Florida has 20 foreign trade zones,
80 consulates, and 31 t di partners of over $1 billi
l t d trading t f billion
17

18. Positioning as a Global Hub:
What Do We Need to Know?
• What makes a global hub succeed?
– Global hub examples
• How does Florida compare?
– Benchmarking with available data
• How does trade support other aspects of global
leadership?
18

19. Ideas From Around the State
19

20. Ideas From Around the State
Are development sites • Build a statewide database of potential
available? sites near Florida’s transportation hubs.
Florida s
• Waive visa requirements for Brazilian
What regulatory barriers
g y visitors/businesses to travel to the U S
U.S.
exist? (currently 100 day waiting period.)
What
Wh t assistance is
i t i • Expand Enterprise Florida funding for
small business export grants and
necessary?
technical support.
What can the state do? • Coordinate efforts of Enterprise Florida,
Workforce Florida, FDOT with seaports
and major businesses
businesses.
20

22. Questions?
22

24. Coordination with Parallel Efforts
• Upcoming Events
– Fl id Chamber F
Florida Ch b Foundation T
d ti Transportation S
t ti Summit
it
• February 11
– Florida DOT Intermodal Logistics Center Summit
• February 21-22
21 22
– Florida Chamber of Commerce - Capitol Days
• M h68
March 6-8
– Florida Chamber of Commerce - International Days
• April 2-3
24

25. Committee Update
• Membership recruitment
• Study funding goals
• Florida Chamber Foundation staff support
25

26. Next Steps
• Next Committee Meeting
– In conjunction with Capitol Days – March (6,7,8)
26