sixth-largest export state - Florida World Trade Month

Florida Merchandise Trade ‐ Annual 2015
Billions of $U.S.
Total Merchandise Trade Year‐to‐Date
$150.0
$100.0
2014
$50.0
2015
$0.0
• Florida's total merchandise trade (exports plus imports) ended 2015 at $147.4 billion, a ‐4.0% decrease from 2014. • Slowing economies of some of the state's largest markets contributed to a ‐10.4% decline in exports to $73.3 billion. • The biggest hits were exports to Brazil, Colombia, and Venezuela while exports to Mexico gained nearly 30%. • Imports grew by 3.3% ‐ to $74.1 billion ‐ while imports from Germany alone surged by 164% over 2014.
Florida TOTAL Merchandise Trade by Country ‐ 2015
Rank
1
2
3
4
5
6
7
8
9
10
Description
TOTAL ALL COUNTRIES
Brazil
China
Colombia
Japan
Chile
Dominican Republic
Mexico
Honduras
Germany
Peru
Annual 2013
Annual 2014
Annual 2015
% Change
2014‐2015
158,652,643,341
20,563,652,814
9,661,559,515
9,963,497,445
6,880,726,860
7,505,082,605
5,344,000,139
4,266,413,680
4,565,408,646
2,534,959,395
5,447,047,761
153,516,137,298
21,006,648,814
9,572,956,812
9,530,001,308
6,430,378,864
7,001,739,567
5,446,790,925
4,377,072,907
4,462,843,450
2,398,009,162
3,831,583,898
147,383,781,020
18,600,609,436
9,278,103,631
8,286,820,100
6,963,589,673
6,768,923,436
5,734,216,680
5,300,852,800
4,723,189,313
4,650,135,480
4,116,741,685
‐4.0
‐11.5
‐3.1
‐13.0
8.3
‐3.3
5.3
21.1
5.8
93.9
7.4
Annual 2013
Annual 2014
Annual 2015
% Change
2014‐2015
85,487,217,893
16,192,786,008
6,027,824,059
3,730,300,783
3,401,113,797
2,954,319,895
2,850,701,764
4,518,936,640
2,270,108,843
3,154,455,575
1,660,862,120
81,784,135,719
15,882,222,696
5,962,271,700
3,598,172,702
3,011,671,162
3,026,548,957
2,820,249,901
3,508,653,331
2,279,094,730
2,592,542,085
1,626,919,430
73,285,130,422
13,072,961,538
5,015,245,895
3,708,146,424
3,300,866,463
3,105,128,861
2,828,628,849
2,640,756,071
2,379,799,669
2,275,303,294
2,106,901,870
‐10.4
‐17.7
‐15.9
3.1
9.6
2.6
0.3
‐24.7
4.4
‐12.2
29.5
Annual 2013
Annual 2014
Annual 2015
% Change
2014‐2015
73,165,425,448
8,701,759,851
6,240,220,323
4,370,866,806
1,582,075,344
3,935,673,386
2,605,551,560
3,774,781,822
2,338,810,105
2,573,299,465
2,389,680,244
71,732,001,579
8,656,243,786
5,843,871,779
5,124,426,118
1,405,873,474
3,567,729,608
2,750,153,477
3,403,566,865
2,667,928,701
2,503,128,034
2,420,241,968
74,098,650,598
8,510,774,023
6,404,683,797
5,527,647,898
3,715,289,854
3,271,574,205
3,193,950,930
3,060,777,012
3,016,638,937
2,691,607,543
2,629,087,819
3.3
‐1.7
9.6
7.9
164.3
‐8.3
16.1
‐10.1
13.1
7.5
8.6
Florida Merchandise EXPORTS by Country ‐ 2015
Rank
1
2
3
4
5
6
7
8
9
10
Description
TOTAL ALL COUNTRIES
Brazil
Colombia
Chile
Argentina
Dominican Republic
Peru
Venezuela
Costa Rica
United Arab Emirates
Mexico
Florida Merchandise IMPORTS by Country ‐ 2015
Rank
1
2
3
4
5
6
7
8
9
10
Description
TOTAL ALL COUNTRIES
China
Japan
Brazil
Germany
Colombia
Mexico
Chile
France
Honduras
Dominican Republic
U.S. and Florida‐Origin Exports ‐ 2015
• Florida regained its position as the sixth‐largest export state in 2015, surpassing the state of Michigan by a narrow margin. • Florida ended the year with $53.8 billion in exports that originated from the state, down ‐8.0% from the previous year. • Canada became Florida's number one destination for origin‐exports in 2015, surpassing Brazil which saw a ‐27.4% decline. • NAFTA‐partner Mexico moved up from sixth‐place to become the state's third‐largest export market for Florida‐origin exports.
U.S. Exports by State ‐ 2015
Rank
1
2
3
4
5
6
7
8
9
10
Description
TOTAL ALL COUNTRIES
Texas
California
Washington
New York
Illinois
Florida
Michigan
Ohio
Louisiana
Pennsylvania
Annual 2013
Annual 2014
Annual 2015
% Change
2014‐2015
1,578,439,230,852
279,370,573,538
168,129,011,294
81,630,551,605
86,312,467,010
66,157,176,406
60,486,034,748
58,651,788,932
50,826,901,883
63,241,655,863
41,173,078,475
1,620,531,899,958
288,048,985,741
173,811,625,400
90,547,036,334
88,535,524,804
68,246,837,088
58,506,528,733
55,928,500,991
52,240,104,252
64,813,659,468
40,354,943,154
1,504,597,470,614
251,087,317,313
165,367,013,266
86,353,155,264
80,548,514,074
63,402,314,659
53,843,762,000
53,171,398,477
50,694,149,147
49,183,228,988
39,402,716,984
‐7.2
‐12.8
‐4.9
‐4.6
‐9.0
‐7.1
‐8.0
‐4.9
‐3.0
‐24.1
‐2.4
Annual 2013
Annual 2014
Annual 2015
% Change
2014‐2015
60,486,034,748
4,547,139,917
5,332,019,595
2,190,968,864
3,306,192,877
3,206,500,187
1,394,860,406
1,528,757,901
1,647,357,736
1,775,826,526
2,211,621,919
58,506,528,733
4,029,163,261
5,086,602,150
2,225,510,082
3,123,166,971
2,529,520,603
1,619,819,724
1,571,084,834
1,715,569,697
1,836,956,826
1,764,048,576
53,843,762,000
3,875,028,263
3,693,837,387
2,713,757,223
2,536,296,938
2,017,300,501
1,786,759,559
1,700,195,954
1,697,862,012
1,679,338,245
1,537,567,907
‐8.0
‐3.8
‐27.4
21.9
‐18.8
‐20.3
10.3
8.2
‐1.0
‐8.6
‐12.8
Florida‐Origin Exports ‐ 2015
Rank
1
2
3
4
5
6
7
8
9
10
Description
TOTAL ALL COUNTRIES
Canada
Brazil
Mexico
Colombia
Venezuela
Germany
Dominican Republic
Peru
Chile
United Arab Emirates
Merchandise trade consists of those goods that are shipped to (imports), from (exports) and through Florida (originating in other states or countries) regardless of where they were produced, as well as those goods that are produced, grown, or mined in Florida and are shipped from the state to an overseas destination.
For more information, please visit: https://www.census.gov/foreign‐trade/guide/index.html
Origin of Movement data provides export statistics based on the “state from which the merchandise starts its journey to the port of export; that is, the data reflect the transportation origin of exports.” While the Census Bureau points out that this does not represent the “production origin,” it is generally accepted that this is the closest approximation of individual U.S. states’ exports available. Therefore, Florida‐origin exports are deemed to be Florida goods that are exported to other countries, regardless of how they were shipped to their destinations. For more information, please visit: http://www.census.gov/foreign‐trade/aip/elom.html
Data Source: http://www.wisertrade.org. Data from U.S. Census Bureau Foreign, Trade Division.
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