Manufacturing Output and Firms
Total Manufacturing Output ($billions, 2018)
$55.89
(Percent share of total gross state product)
5.39%
Manufacturing Firms in Florida (2016)
12,551
Florida Manufacturing Facts
Manufacturers in Florida account for 5.39% of the total output in the state, employing 4.23% of the workforce. Total output from manufacturing was $55.89 billion in 2018. In addition, there were an average of 372,000 manufacturing employees in Florida in 2018, with an average annual compensation of $68,337.07 in 2017.
Employment and Compensation
Manufacturing Employment (2018)
372,000
(Percent share of nonfarm employment)
4.23%
Average Annual Compensation (Manufacturing, 2017)
$68,337.07
(Nonfarm Businesses, 2017)
$42,196.16
Sources: U.S. Bureau of Economic Analysis and the U.S. Census Bureau
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Figure 2
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Florida Export Facts
Manufacturers help to drive Florida’s economy, with $52.69 billion in manufactured goods exports in 2018. That same year, $20.26 billion in exports was with our free trade agreement (FTA) partners. This helps create jobs in the state, and 18.30% of its employment stemmed from exports in 2011. Small businesses comprised 95.00% percent of all exporters in Florida.
Manufacturing Exports
Manufactured Goods Exports ($billions, 2018)
$52.69
(Percent share of total goods exports)
92.05%
Growth in Manufactured Goods Exports (2010–2018)
11.70%
U.S. Jobs Supported by Goods Exports (2016)
219,749
Employment from Manufacturing Exports (Export share of manufacturing jobs, 2011)
18.30%
Small Business Share of Total Exporters (2015)
95.00%
Manufactured Goods to Free Trade Agreement Partners ($billions, 2018)
$20.26
(Percent of total exports, 2018)
35.40%
Total Manufactured Goods Exports to Canada and Mexico (NAFTA, 2018)
$6.23
Top Five Export Markets (Percent of total manufactured goods exports, 2018)
11.82%
Brazil
8.21%
Mexico
6.02%
Canada
5.80%
Colombia
4.24%
Germany
4.08%
Sources: International Trade Administration, U.S. Census Bureau
Figure 4
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Additional Trade Facts
- The 20 U.S. FTA partners purchased nearly 49 percent ($679.46 billion) of U.S. manufactured goods exports in 2018 – even though these countries represent only six percent of the world’s population and 10 percent of GDP.
- FTA countries: Australia, Bahrain, Canada, Chile, Colombia, Costa Rica, Dominican Republic, El Salvador, Guatemala, Honduras, Israel, Jordan, Mexico, Morocco, Nicaragua, Oman, Panama, Peru, Singapore and South Korea.