News Column

Going the Distance

July/August 2007, HISPANIC BUSINESS Magazine

Keith Rosenblum

Marcelo Claure, Brightstar CEO
Marcelo Claure, Brightstar CEO

This year's Hispanic Business Top 50 Exporters list boasts companies sending abroad a gamut of tangible, intellectual, and even edible products, reflecting a vibrant present and, barring the unforeseen, an even more buoyant future.

The end-users of these exports are not automatically in Mexico, the Caribbean, or Latin America. Increasingly, Hispanic companies are exporting their products and services to Europe, Africa, and the Middle East.

This phenomenon is visible in every niche of the Hispanic Business Top 50 Exporters, starting with the No. 1 company on the list, Miami's Brightstar Corp., which notched $3 billion in export sales last year.

Latin America currently accounts for about half of the 10-year-old telecom supplier's revenue – it's the largest cell phone distributor in every Latin American nation in which it does business. But CEO R. Marcelo Claure's five-year goal is to see a quarter of its revenue come from Latin America, another quarter from the United States, a third quarter from Europe, and the last quarter from the rest of the world.

Fastest-Growing Top 50 Exporters
Company 2006 export sales ($M) 2005 export sales ($M) 2005-2006 export sales growth
Bermello, Ajamil & Partners Inc. $6.62 $1.26 425.62%
Mercom Inc. $2.00 $0.50 300.00%
Sweetlake Chemicals Ltd. $5.20 $1.80 188.89%
Gusto Packing Co. $3.00 $1.20 150.00%
Compasa LLC $15.99 $7.32 118.41%
Ametza LLC $15.00 $7.28 106.04%
American Fasteners Corp. $2.60 $1.40 85.71%
USA Logistic Carriers LLC $18.23 $10.94 66.67%
Brightstar Corp. $3,053.00 $1,922.00 58.84%
Rody Truck Center Corp. $1.96 $1.26 56.37%
© 2007 Hispanic Business Inc. Reprinting, copying, or transmitting all or part of this information requires written permission.

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