While tourism continues to be the principal industry in Miami, the city's economy has become more diversified. Trade is increasingly vital to the economy. Its close proximity to Latin America and the Caribbean make it the center of international trade with those areas. The Port of Miami and Miami International Airport have recently been dubbed the "Gateway to the Americas." Shipping, Cargo, Retail, Fashion/Apparel, commerce, pharmaceutical and healthcare are other big industries. And on the rise is International banking which is another growing segment of the economy in Miami.