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Florida: Exports, Jobs, and Foreign Investment

December 2011

Exports Support Jobs for Florida's Workers

Export-supported jobs linked to manufacturing account for an estimated 1.8 percent of Florida's total private-sector employment. One-seventh (14.2 percent) of all manufacturing workers in Florida depend on exports for their jobs (2009 data latest available).

Exports Sustain Thousands of Florida Businesses

A total of 37,687 companies exported from Florida locations in 2009. Of those, 36,109 (96 percent) were small and medium-sized enterprises with fewer than 500 employees.

Small and medium-sized firms generated over two-thirds (67 percent) of Florida's total exports of merchandise in 2009.

Foreign Investment Creates Jobs in Florida

In 2009, foreign-controlled companies employed 236,700 Florida workers. Major sources of foreign investment in Florida in 2009 included the United Kingdom, Canada, Japan, and Germany.

Foreign investment in Florida was responsible for 3.8 percent of the state's total private-industry employment in 2009.

Florida Depends on World Markets

Florida's export shipments of merchandise in 2010 totaled $55.4 billion.

The state's largest market was Switzerland. Florida posted merchandise exports of $5.0 billion to Switzerland in 2010, 9 percent of the state’s total merchandise exports. Switzerland was followed by Brazil ($4.7 billion), Canada ($3.9 billion), Venezuela ($3.5 billion), and Colombia ($2.5 billion).

The state's largest merchandise export category is computers and electronic products, which accounted for $13.3 billion of Florida's total merchandise exports in 2010. Other top merchandise exports are transportation equipment ($8.4 billion), chemicals manufactures ($6.3 billion), machinery manufactures ($6.0 billion), and waste and scrap ($5.7 billion).

Florida's Metropolitan Exports

In 2009, the metropolitan area of Miami-Fort Lauderdale-Pompano Beachexported $31.2 billion in merchandise, 66.6 percent of Florida's total merchandise exports. Other major metropolitan areas in Florida that exported in 2009 included Tampa-St. Petersburg-Clearwater ($6.5 billion), Orlando-Kissimmee ($2.9 billion), Jacksonville ($1.6 billion), Bradenton-Sarasota-Venice ($658 million), Lakeland-Winter Haven ($649 million), and Palm Bay-Melbourne-Titusville ($556 million).


Footnotes

Exports Support Jobs

Note: Export-related employment data shown do not include manufacturing and non-manufacturing jobs involved in the export of non-manufactured goods, such as farm products, minerals, and services sold to foreign buyers. Indirect exports exclude imported items. The complete 2009 export-related employment series is available on our Export Related Jobs pages. Additional information on methodology used in the export-related employment series can be found in the U.S. Census Bureau's publication Exports from Manufacturing Establishments: 2009.

Source: State Export-Related Employment Project, International Trade Administration and Bureau of the Census.

Exports Sustain Businesses

Source: International Trade Administration and Bureau of the Census, Foreign Trade Division: Exporter Database.

Foreign Investment

Note: All figures exclude employment in banks affiliated with foreign companies.

Source: U.S. Department of Commerce, Bureau of Economic Analysis.

Trade with World Markets

Source: Revised Origin of Movement State Export Series, Bureau of the Census, Foreign Trade Division.

Caution: The Origin of Movement series allocates exports to states based on transportation origin, i.e., the state from which goods began their journey to the port (or other point) of exit from the United States. The transportation origin of exports is not always the same as the location where the goods were produced. Consequently, conclusions about "export production" in a state should not be made solely on the basis of the Origin of Movement state export figures.

Metropolitan Exports

Source: International Trade Administration and Bureau of the Census, Foreign Trade Division: Metropolitan Export Series.

Caution: The Origin of Movement zip-based series allocates exports to metropolitan areas based on transportation origin, i.e., the metropolitan area from which goods began their journey to the port (or other point) of exit from the United States. The transportation origin of exports is not always the same as the location where the goods were produced. Consequently, conclusions about "export production" in a metropolitan area should not be made solely on the basis of the Origin of Movement zip-based export figures.

Prepared by the Office of Trade and Industry Information, International Trade Administration, U.S. Department of Commerce.

Data updated December 5, 2011.

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Last Updated: 12/5/11 12:07 PM