China accounted for nearly 1 million tons of total import and export cargo'or nearly 10 percent of all trade volumes. China had moved up to the number two spot in 2004, and in this year surpasses Honduras, which is now ranked number two.
Although China is the single country with the highest trade tonnage, the total Latin American market still combines more trade than Asia.
Transshipments account for much of the China volumes. Much of the China cargo brought into the Port of Miami is re-exported throughout Latin America and the Caribbean islands.
The growth in trade involving China has been dramatic. Port director Charles Towsley noted in an interview with the South Florida Sun-Sentinel that when he became port director in 1998, China was not even in the top 25 trade partners for the port.
China ranked 14th as recently as 2003.
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now