ORLANDO, Fla. – Florida Secretary of Commerce and Enterprise Florida, Inc. (EFI) President & CEO Bill Johnson will lead a delegation of small and medium-sized businesses on an Export Development Trade Mission to Mexico from May 23-26.
“This export development mission presents an exceptional opportunity for our small and mid-size businesses to grow through trade,” said Secretary Johnson. “Florida exported more than $1.6 billion to Mexico last year, and Mexico is our nation’s third largest trading partner and second largest export market for U.S. products. It’s a very accessible, growing market that provides a great fit for the products and services Florida businesses provide.”
Last year, exports to Mexico gained more than 20 percent over 2014 numbers, and the nation moved up from sixth‐place to become the third‐largest market for Florida-origin exports.
The North American Free Trade Agreement (NAFTA) is the most important feature in the U.S.-Mexico bilateral commercial relationship. Since its inception in 1994, bilateral trade between Mexico and the U.S. has increased more than 500 percent. With negotiations currently underway for the Trans-Pacific Partnership (TPP), the U.S. and Mexico seek to go beyond NAFTA and strengthen economic ties further.
Given the size of the Mexican market, products from many industries are ideal for trade, including:
EFI is partnering with the U.S. Commercial Service to provide Gold Key Service Packages. The Gold Key Service includes one-on-one appointments with pre-screened Mexican companies that have expressed an interest in your product or service. Gold Key participation will be limited to Florida manufacturers, distributors and service companies that best meet the participation criteria. Selection of these firms will be on a first come first-served basis and will be determined by the U.S. Commercial Service.
EFI will offer a limited number of Gold Key grants, which will offset 100 percent of the matchmaking fee for the first company representative. A separate application process will be required for this grant. Additional company representatives will be charged a $500 fee.
The deadline to register for Gold Key Service package is March 14.
EFI maintains an extensive schedule of overseas trade missions and exhibitions worldwide. In fiscal year 2014-15, EFI hosted 56 major domestic and overseas events, generating more than $906 million in total projected export sales for Florida small and medium-sized businesses.