What is Florida’s place in international trade

Florida is one of the largest export states of the United States and the main gateway for trade in goods between North America, Latin America, the Caribbean and other regions of the world.

Florida accounts for almost 17% of all U.S. exports to Latin America and the Caribbean. Given the convenient geographical location of the state, most companies are located within a short drive from one of the four main cargo ports of Florida. Such access gives even small companies the opportunity to export products abroad.

Exports of goods from Florida in 2019 amounted to $ 56 billion. Florida is America’s eighth largest exporter after Texas, California and Washington State.Florida’s exports accounted for just over 3.4% of U.S. exports in 2019. Florida’s exports accounted for 5.5% of the state’s total economic output or real GDP in 2018. Florida’s main exports include automobiles, airplanes, engines and spare parts, telecommunications equipment, computers and components, and gold.The state is also expanding exports of waste and scrap, agricultural products, seafood, livestock, minerals, forestry products, oil and gas.