July 21, 2009 LATIN AMERICA TRADE MARKET OVERVIEW.

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Presentation transcript:

July 21, 2009 LATIN AMERICA TRADE MARKET OVERVIEW

1 LAX Has Over 320 Weekly Nonstop Flight Departures to 24 International Destinations Source: OAG Schedules, August 2009

2 Los Angeles is the Third Largest Airport Gateway to Latin America Handling Almost 5 Million Passengers in M Miami 5.0M Houston IAH 4.5M LAX 2.9M Dallas/ Ft. Worth 2.8M Atlanta 2.6M New York JFK 1.6M Chicago ORD 1.1M Newark 1.1M Phoenix 0.7M San Francisco Source: US DOT, T-100 International Database, CY 2008 Ranking of Passengers by Gateway

3 Total Gateway Passenger Traffic Between Los Angeles and Latin America Has Grown by a Strong 15% in the Last Five Years Traffic Growth Between Los Angeles and Latin America Source: US DOT, T-100 International Database, CY 2008

4 Los Angeles is the Third Largest Port, as Measured by Value, for Goods Trade Between the U.S. and Latin America, and 2nd in Volume Ranking of Value and Volume of Trade Between U.S. and Latin America CY 2008 Source: U.S. Census Bureau, Foreign Trade Division, WISERTrade Data, 2008

5 Los Angeles’ Largest Trade Partner in Latin America is Mexico (both Value and Volume), Followed by Brazil (Value only) Ranking of Value and Volume of Trade Between Los Angeles and Latin America CY 2008 Source: U.S. Census Bureau, Foreign Trade Division, WISERTrade Data, 2008

6 High Value Goods Account for 48% of Exports and 14% of Imports Between Los Angeles and Latin America Los Angeles – Latin American Trade by Commodity Type CY 2008 Note: Shares Based on Weight. High Value Goods (Red Font) Have a Unit Value of $100 or More Source: U.S. Census Bureau, Foreign Trade Division, WISERTrade Data, 2008 Exports from LAX Imports to LAX