Trade Surges Through Florida Ports

2009 was a terrible year for international business; however, 2010 is shaping up to be quite good. Trade through southern Florida’s ports is surging, up nearly 18% since the start of the year as Latin American trade partner economies are reenergized. During the first four months of the year, total trade through the Miami Customs district was 18.4 percent or about $29 billion. This is on pace to break record years. These brisk growing trade numbers only help to support the economic recovery in Latin America. Investors wanting to play this intensification in trade have a few options. The recently re-listed Claymore/Delta Global Shipping

follows a basket of shipping and tanker stocks with roughly two-thirds devoted to dry bulks shippers and is a great play on the global economy. For those wanting a real direct investment on the increasing trade, Mexican logistics firm Grupo TMM S.A.B.

could do the trick. Brazil was South Florida's top trading partner with $11.07 billion and Miami is quickly becoming the nation’s leading import center for gold from Peru, Columbia and Mexico. The iShares S&P Latin America 40 Index

follows the top Latin American exporters and would be a direct beneficiary of economic growth of the region.