The value of trade moving through South Florida fell just over 3 percent last year, putting Miami Customs District 12th among the nation's 43 customs districts. The numbers might have been worse but for gold, according to The Miami Herald.
The region is a key transit point for Mexican and South American gold en route to Switzerland and the United Arab Emirates. The global recession has sparked a surge in demand for gold and boosted its price. Total trade for the Miami region was more than $120 billion, with a 7 percent drop in exports, but imports were up by 2 percent.