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Import/Export Price Indexes

Florida: Price Movements of Top Exports and Other Highlights

August 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, decreased in July. Export prices for transportation equipment manufacturing, machinery manufacturing, and chemical manufacturing advanced in July.

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 fell 0.4 percent in July.
  • A 0.9-percent decline in prices for semiconductor and other electronic component manufacturing drove the July decrease in the price index for computer and electronic product manufacturing.
  • Export computer and electronic product manufacturing prices edged down 0.1 percent for the 12 months ended July 2024.

U.S. Export Price Indexes: Transportation Equipment Manufacturing

  • The price index for export transportation equipment manufacturing advanced 0.2 percent in July.
  • Transportation equipment manufacturing export prices rose 4.3 percent for the 12 months ended July 2024.
  • A 4.7-percent increase in prices for motor vehicle manufacturing led the 12-month advance in prices for transportation equipment manufacturing.

U.S. Export Price Indexes: Chemical Manufacturing

  • Export chemical manufacturing prices advanced 0.9 percent in July.
  • A 1.4-percent increase in prices for other basic inorganic chemical manufacturing led the July rise in prices for chemical manufacturing.
  • The price index for chemical manufacturing exports rose 0.3 percent over the past year.

U.S. Export Price Indexes: Machinery Manufacturing

  • The price index for export machinery manufacturing ticked up 0.1 percent in July.
  • Export machinery manufacturing prices increased 2.3 percent from July 2023 to July 2024.
  • A 2.5-percent advance in prices for industrial 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: August 27, 2024