China Opens Miami Free Zone “Manufacturers Mall” to Help Latin American Buyers

by Michael Diaz Jr. on August 12, 2010

Burgeoning China-Latin American trade got a boost August 10 with the opening of the China Sourcing Center, a 76,000-square-foot, duty-free “manufacturers mall” at the Miami Free Zone in Doral.

As reported in The Miami Herald, the center enables Latin American commercial buyers to view a range of Chinese products—from building materials to electronics to consumer products—and place orders without having to travel to China. Thanks to a slowed world economy and a resulting surplus of manufactured goods in China, Latin American buyers can likely cut good deals there, and without the expense, time headaches of Chinese travel. Smaller buyers should benefit.

U.S. buyers can also procure products through the China Sourcing Center—a subsidiary of the Chinese logistics giant Globelink China Logistics—but will have to pay duty once products leave the Free Zone, which boasts some 850,000 square feet of warehouse and showroom space.

With China snapping up Latin American raw materials, minerals, timber and seafood, and Latin America buying an array of Chinese manufactured goods, commerce between the two entities totals an estimated $140 billion annually. Thanks to its strategic position and ample air and sea links, Miami should continue to figure importantly in that growing trade.

{ 1 comment… read it below or add one }

Robby September 24, 2010 at 7:07 am

The China Sourcing Center is a great link between great China area and Latin America indeed…

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