Florida

Overview In August 2024 Florida exported $5.99B and imported $9.33B, resulting in a negative trade balance of $3.34B. Between August 2023 and August 2024 the exports of Florida have increased by $563M (10.4%) from $5.43B to $5.99B, while imports increased by $180M (1.97%) from $9.15B to $9.33B.

Trade In August 2024, the top exports of Florida were Aircraft Parts ($878M), Telephones ($445M), Computers ($217M), Cars ($180M), and Mixed Mineral or Chemical Fertilizers ($172M). In August 2024 the top imports of Florida were Cars ($886M), Commodities not elsewhere specified ($515M), Planes, Helicopters, and/or Spacecraft ($442M), Telephones ($388M), and Fish Fillets ($229M).

Destinations In August 2024, Florida exported mostly to Brazil ($668M), Canada ($393M), Mexico ($358M), Colombia ($245M), and Dominican Republic ($226M), and imported mostly from China ($1.11B), Mexico ($775M), Germany ($759M), Brazil ($602M), and Japan ($594M).

Growth In August 2024, the increase in Florida's year-by-year exports was explained primarily by an increase in exports to Brazil ($248M or 59.1%), United Arab Emirates ($60.4M or 36.6%), and France ($49.5M or 54%), and product exports increase in Mixed Mineral or Chemical Fertilizers ($102M or 147%), Aircraft Parts ($82.6M or 10.4%), and Gas Turbines ($40.5M or 40%). In August 2024, the increase in Florida's year-by-year imports was explained primarily by an increase in imports from Brazil ($213M or 54.8%), Germany ($180M or 31.1%), and Japan ($171M or 40.5%), and product imports increase in Planes, Helicopters, and/or Spacecraft ($299M or 210%), Cars ($138M or 18.4%), and Gas Turbines ($95.2M or 108%).