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Import/Export Price Indexes

Florida: Price Movements of Top Exports and Other Highlights

January 2024

Photo of a sunset over water and palm trees in Florida

Exports from Florida totaled $67.5 billion in 2022, up 21.1 percent from 2021. The price index for the top export industry in Florida, computer and electronic product manufacturing, decreased in December. Export prices for chemical manufacturing and machinery manufacturing declined over the same period, and the export price index for transportation equipment manufacturing advanced.

Top Six Florida Exports by Trade Dollar Value, 2022

  • Florida exports represented 3.3 percent of the U.S. export total in 2022.
  • Florida accounted for 6.2 percent of total U.S. exports of computer and electronic product manufacturing by trade dollar value in 2022, ranking third among all states.
  • The top 6 export industries from Florida accounted for 73.5 percent of the state’s total 2022 export trade dollar value.

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

  • Computer and electronic product manufacturing export prices edged down 0.1 percent in December.
  • Export computer and electronic product manufacturing prices decreased 1.0 percent for the 12 months ended December 2023.
  • A 4.5-percent decrease in prices for semiconductor and other electronic component manufacturing led the 12-month drop in the price index for computer and electronic product manufacturing.

U.S. Export Price Indexes: Transportation Equipment Manufacturing

  • Transportation equipment manufacturing export prices advanced 0.1 percent in December.
  • The index for export transportation equipment manufacturing prices rose 4.7 percent for the 12 months ended December 2023.
  • The 12-month rise in prices for export transportation equipment manufacturing was driven by a 7.0-percent rise in prices for aerospace product and parts manufacturing.

U.S. Export Price Indexes: Chemical Manufacturing

  • The price index for chemical manufacturing exports decreased 0.2 percent in December.
  • Export chemical manufacturing prices declined 2.8 percent over the past year.
  • A 4.7-percent decrease in prices for basic chemical manufacturing led the 12-month decline in prices for chemical manufacturing.

U.S. Export Price Indexes: Machinery Manufacturing

  • Export machinery manufacturing prices decreased 0.1 percent in December.
  • Despite the monthly decline, prices for export machinery manufacturing advanced 3.9 percent over the past year.
  • A 5.7-percent increase in other general purpose machinery manufacturing export prices contributed to the 12-month rise in machinery manufacturing prices.

 

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

 

Last Modified Date: January 25, 2024