First Product Camp South Florida
South Florida: North of Latin America
June 8th, 2013
Location: Citrix, Fort Lauderdale
Product Management, Product Marketing
3. Agenda
Latin America Market Overview
Is South Florida that relevant?
Challenges and success factors
What do you want to discuss?
4. Latin America Market and Caribbean
You are here!
Current population: 596M (8.4%)
GDP: US$4.8 trillion (7.7% world)
Top US trade Countries:
#3 Mexico
#9 Brazil
Source: Wikipedia
5. Why South Florida is the portal to Latin
America?
The proximity and access to Latin American and
Caribbean countries
The concentration of multi-lingual and highly
educated Hispanics
The vast representation of professionals and
companies from Latin American and Caribbean
nations
Is it a gateway or a hub: Gateway is a place that easily
allows transfer of good and services. A hub is a place
that draws resources because of its added value.
Source: The Canadian Trade Commissioner Service
6. Proofpoints
Proximity: Florida-origin exports to Latin American and
the Caribbean make up 23% of all U.S. exports to the
region with South Florida accounting for the majority
Concentration of Hispanics: Hialeah – 94.7%, Miami
70%, Miami Dade County 64.5%, Broward 25.8%
Representation of companies: GM, HP, Caterpillar,
American Airlines, Novartis, Kraft foods, Cisco, Hilton,
Electrolux, DHL, Komatsu, Oracle, Carnival, Microsoft,
Royal Caribbean, Office Depot, Burger King, Pollo
Tropical, Ryder, AutoNation
Source: US Census, World City
7. Not that easy
Rankings on the ease of doing business
Chile #37
Peru #43
Colombia #45
Mexico #48
Uruguay #89
Argentina #124
Brazil #130
Venezuela #180
Source: DoingBusiness.org 2013 Report