GOVERNOR SCOTT'S MISSION TO COLOMBIA

Locations: Bogotá
Dates: December 2-5, 2012
Attendance: 191

Overview:

Governor Scott led a trade mission to Bogotá, Colombia with more than 190 participants representing 116 Florida companies, statewide organizations and higher educational institutions, to promote economic development opportunities in the Sunshine State. Colombia is Florida’s second-largest trade partner with more than $9 billion in bilateral trade in 2011. A nation of 46 million residents, Colombia is Latin America’s 3rd most populous nation, rich in natural resources and boasting a rapidly expanding and well-managed economy that grew by 5.7 percent in 2011. Florida is the preferred destination for Colombian companies seeking to purchase products and services from the U.S. The Free Trade Agreement between our two countries, which became effective in May 2012, immediately eliminated import duties for 80 percent of all American exports.

Florida ranks number one in merchandise exports to Colombia with $5.28 billion in 2011. Florida accounted for 20 percent of all U.S. exports to Colombia in 2011. In addition, the Colombian flower industry supports 6,100 Florida jobs.

Florida is the principal gateway for Colombia-based firms entering the North American market. Dozens of Colombian-headquartered corporations currently operate in Florida and hundreds of smaller, mostly family-owned businesses are estimated to employ thousands of Floridians.

  • The mission included 191 participants who collectively reported their projected sales totals to be more than $40 million.
  • Governor Scott met with Colombia President Santos and Vice Minister of Foreign Trade Gabriel Duque, provided a keynote presentation at the American Chamber (250 attendees), spoke to the Industrial Association of Colombia and Colombia Flower Growers Association (5,000 jobs in Florida), as well as the Florida Business Opportunities Seminar (80 Colombian participants).

Trade Results:

  • Total sales leads: 199
  • Total projected sales reported by companies attending the mission: $40,755,000.00

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