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Florida

Florida Exports and Foreign Investment

In 2024, Florida exported a record $72.2 billion of goods to the world. In 2022, exports from Florida supported an estimated 216 thousand jobs (latest data available).

Exports from Florida and Jobs

  • Florida was the 6th largest state exporter of goods in 2024.
  • In 2024, Florida goods exports were $72.2 billion, an increase of 23 percent ($14 billion) from its export level in 2014.
  • Goods exports accounted for 4.4 percent of Florida GDP in 2023 (latest data available).
  • Florida goods exports in 2022 supported an estimated 216 thousand jobs (latest data available). Nationally, jobs supported by goods exports pay up to an estimated 18 percent above the national average.

Manufacturing Exports from Florida and Jobs

  • In 2024, Florida exported $65.7 billion of manufactured products.
  • Florida exports of manufactured products supported an estimated 204 thousand jobs in 2022 (latest data available).
  • The state's largest manufacturing export category is computer & electronic products, which accounted for $15.1 billion of Florida's total goods exports in 2024.
  • Other top manufacturing exports are transportation equipment ($14.5 billion), chemicals ($9.3 billion), machinery, except electrical ($6.7 billion), and food & kindred products ($3.9 billion).

Exports Sustain Thousands of Florida Businesses many of which are SMEs

  • A total of 58,923 companies exported from Florida locations in 2022 (latest data available). Of those, 55,707 (95 percent) were small and medium sized enterprises with fewer than 500 employees.
  • Small and medium-sized firms generated 54.7 percent of Florida's total exports of goods in 2022.

Florida Depends on World Markets

  • The state’s largest market was Brazil. Florida exported $6.1 billion in goods to Brazil in 2024, representing 8 percent of the state’s total goods exports.
  • Brazil was followed by Canada ($5.3 billion), Mexico ($4.5 billion), the United Kingdom ($3.8 billion), and United Arab Emirates ($2.5 billion).
  • Florida’s exports to major world areas included:

 

2024 Value

APEC

$21.8 billion

Asia

$12.6 billion

European Union

$8.9 billion

South/Central America and Caribbean

$33.4 billion

Sub-Saharan Africa 

$661 million

 

  • 39 percent of Florida’s goods exports ($27.8 billion) in 2024 went to current FTA partners.  

Agriculture in Florida depends on Exports

  • Florida is the country’s 19th largest agricultural exporting state, shipping $3.5 billion in domestic agricultural exports abroad in 2022 (latest data available according to the U.S. Dept. of Agriculture).
  • Top Agricultural exports were:
     

 

2022 Value

2022 State Rank

other plant products

$1.9 billion

2

vegetables, processed

$297 million

5

fruits, processed

$277 million

3

fruits, fresh

$247 million

3

vegetables, fresh

$173 million

5


International Investment Creates Jobs in Florida

  • In 2022 (latest data available), foreign-controlled companies employed 487,000 Florida workers. Major sources of foreign investment in Florida included the United Kingdom, Canada and France.
  • Foreign investment in Florida was responsible for 5.7 percent of the state's total private-industry employment in 2022.

Florida’s Major Metropolitan Areas Benefit from Exporting
In 2023 (latest data available), the following metropolitan areas in Florida recorded goods exports: Cape Coral-Fort Myers ($935.4 million), Crestview-Fort Walton Beach-Destin ($140.4 million), Deltona-Daytona Beach-Ormond Beach ($419.5 million), Gainesville ($306.6 million), Homosassa Springs ($26 million), Jacksonville ($2.7 billion), Lakeland-Winter Haven ($1.3 billion), Miami-Fort Lauderdale-West Palm Beach ($44.3 billion), Naples-Marco Island ($264 million), North Port-Bradenton-Sarasota ($1.1 billion), Ocala ($123.7 million), Orlando-Kissimmee-Sanford ($4.4 billion), Palm Bay-Melbourne-Titusville ($1.8 billion), Panama City-Panama City Beach ($162.2 million), Pensacola-Ferry Pass-Brent ($1.1 billion), Port St. Lucie ($339.9 million), Punta Gorda ($24.7 million), Sebastian-Vero Beach-West Vero Corridor ($219.8 million), Sebring ($28.9 million), Tallahassee ($315.6 million), Tampa-St. Petersburg-Clearwater ($7.9 billion), and Wildwood-The Villages ($27 million).


[1] Estimates of state exports of agricultural products by the U.S. Dept. of Agriculture and goods exports by the U.S. Dept. of Commerce are based on different methodologies and are not directly comparable.