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Import/Export Price Indexes

Florida: Price Movements of Top Exports and Other Highlights

January 2023

scenery in Florida

Exports from Florida totaled $55.5 billion in 2021, up 21.4 percent from 2020. The price index for the top export industry in Florida, computer and electronic product manufacturing, recorded no change in December. The export price index for chemical manufacturing fell over the same period. Prices for export transportation equipment manufacturing and machinery manufacturing increased in December.

Top Six Florida Exports by Trade Dollar Value, 2021

  • Florida exports represented 3.2 percent of the U.S. export total in 2021.
  • Florida accounted for 6.2 percent of total U.S. exports of computer and electronic product manufacturing by trade dollar value in 2021, ranking fourth among all states.
  • The top 6 export industries from Florida accounted for 72.6 percent of the state’s total 2021 export trade dollar value.

U.S. Export Price Indexes: Computer and Electronic Product Manufacturing

  • Computer and electronic product manufacturing export prices recorded no change in December.
  • Export computer and electronic product manufacturing prices advanced 1.0 percent from December 2021 to December 2022.
  • The 12-month rise in computer and electronic product manufacturing prices was driven by a 2.5-percent increase in prices for semiconductor and other electronic component manufacturing.

U.S. Export Price Indexes: Transportation Equipment Manufacturing

  • Transportation equipment manufacturing export prices advanced 0.3 percent in December.
  • The index for export transportation equipment manufacturing prices increased 4.3 percent for the 12 months ended December 2022.
  • The transportation equipment manufacturing export price advance in 2022 was the largest calendar-year increase since the 12-month percent change series was first published in December 2006.

U.S. Export Price Indexes: Chemical Manufacturing

  • The price index for chemical manufacturing exports decreased 0.6 percent in December.
  • Export chemical manufacturing prices declined 3.6 percent over the past year.
  • A 27.1-percent drop in resin, synthetic rubber, and artificial synthetic fibers and filaments prices led the 12-month decrease in prices for chemical manufacturing.

U.S. Export Price Indexes: Machinery Manufacturing

  • Export machinery manufacturing prices rose 0.1 percent in December.
  • Prices for export machinery manufacturing advanced 5.5 percent over the 12 months ended December 2022.
  • The annual increase for machinery manufacturing export prices in 2022 was the largest calendar-year advance since the 12-month percent change series was first published in December 2006.

 

Southeast Information Office • BLSInfoAtlanta@bls.gov • https://www.bls.gov/regions/southeast/ • 404-893-4222 

 

Last Modified Date: January 24, 2023