1. EUROPEAN BREAKFAST SEMINAR
Claudio Riedi
President of the German American Business Chamber of South Florida
“The impact of European Businesses on Miami Dade’s Economy”

2. Importance of Florida More than 20 Million inhabitants
Florida’s GDP is the 21st largest worldwide
Gateway to the North and emerging Latin American markets
Low corporate taxes and attractive financial incentives
Wide variety of industrial sectors
Home of several internationally acknowledged universities and research institutions
Importance of Florida
With more than 20 million inhabitants, today Florida is the fourth largest U.S. State in terms of population
Florida is one of the largest economies in the world
As a standalone economy, Florida’s GDP would be the 21st largest worldwide
The state offers a perfect base for companies that want to tap into the North and Latin American markets
Because of its cultural diversity and geographical proximity to Latin America, the location is also ideal to do business with the emerging markets of Latin America
Low corporate taxes, high availability of skilled workers, a very good accessibility to America’s east coast as well as attractive financial incentives make Florida one of the most business friendly states in the USA
Florida’s economic structure is characterized by its industrial strength across a wide variety of sectors, including aerospace, medical devices, biotechnology, pharmaceutical manufacturing, logistics & distribution, financial services, renewable energy and information and communication technologies
In addition, Florida is home of several internationally acknowledged universities and research institutions, such as the Embry Riddle Aeronautical University, the Max Planck Florida Institute for Neuroscience, the Torrey Pines Institute for Molecular Studies and many others
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11/02/2017
Claudio Riedi - President of the German American Business Chamber

3. Trade Connections Indicator (2017) Number Total Imports to Florida
$73,415 Mio. (From Germany: $3,990 Mio.)
Imports to Florida (in %)
China (16,1%)
Mexico (7,6%)
Canada (5,8%)
Germany (5,4%)
France (4,8%)
Top Imports From Germany by Industry (% of total Imports from Germany)
Transportation equipment (39,1%)
Machinery except electrical (11,1%)
Goods ret to ca (exp.), us goods ret & reimps (imp) (10,8%)
Computer & electronic products (6,6%)
Primary metal mfg (6,4%)
Total Exports from Florida
$53,916 Mio. (To Germany: $1,797 Mio.)
Export Destinations
Canada (7,3%)
Brazil (6,9%)
Mexico (5,0%)
Colombia (4,7%)
Germany (3,3%)
Top Exports to Germany by Industry (% of total Exports to Germany)
Transportation Equipment (33,8%)
Computer & electronic products (15,4%)
Miscellaneous manufactured commodities (13,1%)
Machinery except electrical (8,8%)
Used or second-hand merchandise (5,7%)
Trade Connections
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11/02/2017
Claudio Riedi - President of the German American Business Chamber

4. Florida’s Merchandise Exports to Germany
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11/02/2017
Claudio Riedi - President of the German American Business Chamber

5. Florida’s Merchandise Imports from Germany
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11/02/2017
Claudio Riedi - President of the German American Business Chamber

6. Employment Indicator Number
Jobs created by foreign-owned affiliates in Florida by countries
United Kingdom (51,400)
Canada (34,300)
Germany (27,700)
France (26,800)
German companies based in Florida
>250
Employment
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Source:
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11/02/2017
Claudio Riedi - President of the German American Business Chamber

7. Population & Tourism Indicator Number
German Population in Miami-Dade County
3246
Number of Visitors
1,8 Million
Visitor Spending ($US Millions)
$2,384
Population & Tourism
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11/02/2017
Claudio Riedi - President of the German American Business Chamber

8. Percentage of Germans in Miami
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11/02/2017
Claudio Riedi - President of the German American Business Chamber

9. The GABC is a nonprofit, nongovernmental organization founded by local business men and women in Miami
For over 25 years, the organization has promoted business and trade between Germany and the US, particularly in South Florida.
The objective of the GABC is to support commercial and personal relations between its members and to promote economic, social and cultural relations between the USA and Germany
The GABC is an official affiliate of the German American Chamber of Commerce South (GACC South) in Atlanta
The GABC offers the following services:
Attend business events: luncheons, cocktail receptions, business breakfasts, seminars, and speaker events
Establish new business and social contacts
Introduce yourself to other members of the GABC and establish your organization's reputation
List your job offers free of charge on our website, and as a private member you may search our directory for free
Access to publications including German American Trade (GAT) Magazine, the GACC National Member Directory, and the GACC National Subsidiary Directories.
Our Services
11/02/2017
Claudio Riedi - President of the German American Business Chamber