The state’s largest manufacturing export category is computer & electronic products, which accounted for $13.1 billion of Florida’s total goods exports in 2018.
What is Florida’s largest import?
Yearly Imports
In 2021 the top import origins of Florida were China ($12.8B), Mexico ($7.74B), Canada ($5.23B), Germany ($4.73B), and Chile ($4.06B).
What is the number 1 export?
Transportation equipment was the top commodity exported by the US last year, accounting for almost 18% of the country’s total exports. This category includes aerospace products and parts, motor vehicles, railroad stock, and ships and boats.
What are the top 3 major exports?
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- Top U.S. goods exports.
- Food, beverage and feed: $133 billion.
- Crude oil, fuel and other petroleum products: $109 billion.
- Civilian aircraft and aircraft engines: $99 billion.
- Auto parts, engines and car tires: $86 billion.
- Industrial machines: $57 billion.
- Passenger cars: $53 billion.
What are the top 3 exports of the United States?
According to the most recent data from CIA Factbook, the following are the United States’ top exports:
- Refined Petroleum: $84.9 billion.
- Crude Petroleum: $61.9 billion.
- Cars: $56.9 billion.
- Integrated Circuits: $41.4 billion.
- Vehicle Parts: $41.2 billion.
What is a good most often exported from Florida?
Top 10
- Aircraft including engines, parts: US$4.9 billion (10.7% of Florida’s total exports)
- Cell phones: $2.3 billion (4.9%)
- Integrated circuits (processors/controllers): $1.1 billion (2.4%)
- Small portable digital computers: $938 million (2%)
- Modems, similar reception/transmission devices: $882 million (1.9%)
What does Florida specialize in?
Florida’s Major Industries
- Aviation & Aerospace.
- Cleantech.
- Defense and Homeland Security.
- Financial and Professional Services.
- Headquarters.
- Information Technology.
- Life Sciences.
- Logistics and Distribution.
Who is America’s biggest trading partner?
Canada
Who Does the U.S. Trade Most With?
| Rank | U.S. Trade Partners | Goods Exports (in billion U.S. dollars) |
|---|---|---|
| #1 | Canada | $307.6 |
| #2 | Mexico | $276.5 |
| #3 | China | $151.1 |
| #4 | Japan | $75.0 |
Where does US export oil to?
The largest markets for U.S. petroleum exports are Mexico and Canada, but the U.S. exports petroleum to 180 countries. The recent increase in domestic oil production, especially since 2010, has had a significant impact on U.S. petroleum imports and exports.
What does US export to Russia?
Of the $5.8 billion in U.S. exports to Russia in 2016, the top commodity sectors were transportation equipment (33.9%), machinery and mechanical appliances (31.0%), and chemicals, plastics, and leather products (13.9%).
Who exports the most oil?
Crude Oil Exports by Country
- Saudi Arabia: US$161.7 billion (16.5% of exported crude oil)
- Russia: $82 billion (8.3%)
- Canada: $74 billion (7.5%)
- Iraq: $72.1 billion (7.3%)
- United Arab Emirates: $69.4 billion (7.1%)
- United States: $41 billion (4.2%)
- Norway: $40.2 billion (4.1%)
- Kuwait: $36.3 billion (3.7%)
Who is China’s biggest trade partner?
United States
List of largest trading partners of China
| Rank | Country / Territory | China exports |
|---|---|---|
| 1 | United States | 429.7 |
| 2 | European Union | 375.1 |
| – | ASEAN | 277.9 |
| 3 | Japan | 137.2 |
Does the US export oil?
The United States was a total petroleum net exporter in 2020 and 2021. In 2021, the United States exported about 8.63 million barrels per day (b/d) and imported about 8.47 million b/d of petroleum,1 making the United States an annual total petroleum net exporter for the second year in a row since at least 1949.
Does the US import more food than it exports?
Imports have grown at a faster rate than exports since 2016, driven in part by strong domestic economic growth. These shifts in U.S. agricultural trade produced a trade surplus in 2018 of $10.9 billion, the smallest surplus since 2006.
What is America’s biggest food export?
Soybeans
“Soybeans continued to be the United States’ No. 1 agricultural export, increasing 38 percent to a record $25.7 billion in 2020 and accounting for nearly 18 percent of total U.S. agricultural exports.
What is America’s largest import?
What Are the Major U.S. Imports?
- Machinery (including computers and hardware) – $386.4 billion.
- Electrical machinery – $367.1 billion.
- Vehicles and automobiles – $306.7 billion.
- Minerals, fuels, and oil – $241.4 billion.
- Pharmaceuticals – $116.3 billion.
- Medical equipment and supplies – $93.4 billion.
Where does Florida rank in world economy?
The economy of the state of Florida is the fourth-largest in the United States, with a $1.2 trillion gross state product (GSP) as of 2021. If Florida were a sovereign nation (2021), it would rank as the world’s 16th-largest economy according to the International Monetary Fund, ahead of Indonesia and behind Mexico.
What food does Florida export?
Top Florida Agricultural Exports — 2020
| Commodity Group | Export Value |
|---|---|
| Edible Vegetables | $331 million |
| Edible Fruit and Nuts | $319 million |
| Beverages, Spirits and Vinegar | $306 million |
| Fish and Crustaceans | $241 million |
What is Florida’s major industries?
Industries in Florida have continued to strengthen their foothold in aerospace, life sciences, manufacturing, homeland security, and information technology.
What is Florida’s biggest money maker?
Tourism
Tourism, Florida’s biggest industry, contributed $111.7 billion to the state’s economy in 2016.
What drives Florida’s economy?
The country heavily relies on tourism to drive its economy than any other US state. Florida is jam-packed with all kinds of attractions and fun adventures. Millions of tourists from the US and beyond flock the state for fun and relaxation making tourism a trademark aspect of the economy.