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Import/Export Price Indexes

Florida: Price Movements of Top Exports and Other Highlights

November 2024

Photo of a sunset over water and palm trees in Florida

Exports from Florida totaled $68.9 billion in 2023, up 1.7 percent from 2022. The price index for the top export industry in Florida, computer and electronic product manufacturing, increased in October. Export prices for machinery manufacturing and transportation equipment manufacturing advanced in October, and prices for chemical manufacturing declined.

Top Six Florida Exports by Trade Dollar Value, 2023

  • Florida exports represented 3.4 percent of the U.S. export total in 2023.
  • Florida accounted for 6.5 percent of total U.S. exports of computer and electronic product manufacturing by trade dollar value in 2023, ranking third among all states.
  • The top 6 export industries from Florida accounted for 73.2 percent of the state’s total 2023 export trade dollar value.

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

  • Computer and electronic product manufacturing export prices ticked up 0.1 percent in October.
  • Export computer and electronic product manufacturing prices decreased 0.4 percent for the 12 months ended October 2024.
  • A 1.6-percent decline in computer and peripheral equipment manufacturing prices drove the 12-month drop in prices for computer and electronic product manufacturing.

U.S. Export Price Indexes: Transportation Equipment Manufacturing

  • The price index for export transportation equipment manufacturing increased 0.4 percent in October.
  • A 1.1-percent rise in prices for motor vehicle manufacturing led the October advance in prices for transportation equipment manufacturing.
  • Transportation equipment manufacturing export prices rose 3.7 percent for the 12 months ended October 2024.

U.S. Export Price Indexes: Chemical Manufacturing

  • Export chemical manufacturing prices declined 0.2 percent in October.
  • A 1.3-percent decrease in prices for other basic inorganic chemical manufacturing led the drop in prices for chemical manufacturing in October.
  • The price index for chemical manufacturing exports advanced 0.8 percent over the past year.

U.S. Export Price Indexes: Machinery Manufacturing

  • The price index for export machinery manufacturing advanced 0.4 percent in October.
  • Export machinery manufacturing prices increased 2.3 percent from October 2023 to October 2024.
  • A 2.7-percent advance in prices for agriculture, construction, and mining machinery manufacturing contributed to the 12-month rise in prices for machinery manufacturing.

 

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

 

Last Modified Date: November 25, 2024