Port Everglades FTZ Merchandise Receipts up 69% in FY 2011

Port Everglades was top exporting Foreign Trade Zone in the country for warehousing and distribution activity in FY 2010-2011, according to the 73rd Annual Report of the Foreign-Trade Zones Board to the Congress of the United States. Data show that Port Everglades' Foreign Trade Zone No. 25 (FTZ) experienced increases from FY 2009-2010 of  68 percent in merchandise received and 66 percent in exports. In 2011, merchandise received and exported from the FTZ reached $3.7 billion and $3.6 billion, respectively. 

Port Everglades' FTZ No. 25 serves 75 businesses in its general-purpose zone and supports more than 500 direct jobs in the local economy at 14 locations within Broward County. FTZ No. 25 also has five special-purpose subzones at Port Everglades. 

Businesses operating within FTZ No. 25 perform a wide variety of activities, including warehousing and distribution of cosmetics, purveying of ship supplies specific to the cruise industry, tools, automobile parts, petroleum, and consumer electronics. The county-wide FTZ program is administered by the port and operated by Robert Jacob. 

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