Enterprise Florida, the state’s economic development public-private partnership, has announced they will lead a delegation of small and mid-sized businesses on an export trade mission to Buenos Aires in April in hopes of stimulating exports out of Florida and into South America.
“Argentina is Florida’s fourth-largest export destination with an estimated $3.3 billion worth of exports last year,” said Manny Mencia, Senior Vice President of International Trade & Development for EFI. “The Argentine market will provide great opportunities for Florida companies due to the recent change in political leadership and a new pro-business approach for the country. New leadership is making it easier for Argentine importers to buy foreign goods and this will greatly benefit Florida’s exporting companies
Enterprise Florida believes the export trade opportunities lie in the fields of medical technology, telecommunications, food processing equipment, and agriculture machinery and parts among other things. They will also use the federal government’s “gold key” program to match-up interested companies with partners in the area and facilitate any possible partnerships.
EFI says a trade mission to Mexico this year resulted in $23 million dollars in export sales.
“Our goal was to identify one potential distributor and we found two distributors and the largest sporting goods retailer in Mexico,” said Tom Nihra, Vice President of JTD Enterprises, Inc. in Lutz. “We would have never considered the trip without the help of the Enterprise Florida team and the SBDC Export Marketing Plan. The grants for the Export Marketing Plan and Gold Key were the reason we decided to make the trip and the success we already have had are directly related to this funding.”