Global-First Market
Miami-Dade County’s flourishing economy owes everything to its robust transportation infrastructure and consular institutions, with numerous embassies, a world-class port, and an airport providing a bedrock for trade and travel between Miami and the world.
Internationally Connected
Miami-Dade County stands as a global gateway, linking the U.S. to Latin America, the Caribbean, and beyond. With world-leading air and sea cargo operations, a bustling international airport, and a strong diplomatic presence, Miami drives seamless connections for trade, travel, and commerce.
9.7M tons
Ship Cargo
Known as the “Cargo Gateway of the Americas,” PortMiami handles 9.7M tons of cargo annually.
2.78M tons
Air Cargo
MIA is the busiest international airport in the U.S. for international freight and the sixth busiest internationally.
42.3M
Travelers
MIA is the busiest airport in the U.S. for international passengers, and ranks 4th in customer satisfaction.
80+
Foreign Consulates
Miami is home to over 80 foreign consulates, trade offices, and bi-national chambers of commerce, making it the fifth largest hub for international diplomacy in the U.S.
Capital of Latin America
Miami has been hailed as the Capital of Latin America for decades. Its unique strategic location and thriving economy, the role that the community plays as a trading partner and diplomatic link, and the deep migrant histories that have shaped Miami are some of the reasons why people from all over Latin America feel at home in our city.
Strategic Location
Halfway between Latin America, the U.S., and the Caribbean, Miami’s unique geographical location attracts Latin American individuals from all corners of the continent.
Magnet for Global Businesses
Miami’s economic prosperity is fueled by a thriving business-friendly environment, low taxes, and access to a wealth of opportunities. With no state income tax and superb connections with Latin America and the Caribbean, Greater Miami has long been a magnet for businesses looking to expand toward the Southern part of the continent. This is why 1,200 multinational companies have set up their Latin American operations headquarters in Miami-Dade County, confirming Miami’s ideal location for businesses with global ambitions.
Trading Relationships
Diplomatic Role
Miami plays a vital diplomatic role as a mediator between Latin American, Caribbean countries, and the United States. With 80 consulates in Miami-Dade County, it ranks as the fifth U.S. County with the highest number of foreign embassies and consulates. This strong consular presence underscores Miami’s role in U.S. diplomacy, fostering political, cultural, and economic ties, and positioning it as a hub for international collaboration with Latin America.
Demographics
Miami-Dade County is home to a vibrant Latin American community, with over 1.8 million Hispanic residents, accounting for approximately 70% of the County’s population. This diverse demographic includes a significant number of Spanish speakers of over 1.8M, making Miami the largest Spanish-speaking city in the U.S.
Shared Culture and History
Miami’s rich cultural tapestry is woven from diverse influences, particularly from Latin America. This shared history manifests in vibrant festivals, culinary traditions, and artistic expressions, fostering a sense of community and connection among residents. These cultural ties enhance collaboration in business and social interactions, making Miami a natural bridge between the U.S. and Latin America.
Top Organizations
Whether providing access to the U.S. markets or serving as a gateway into Latin American countries, there are a multitude of reasons why multinational companies flock to Miami.
How can we help?
Whether you are looking to relocate or expand, we can help. Contact our world-class economic development team to learn more.