State trade fact sheets - Florida

Let’s Keep a Good Thing Growing!

Florida and Canada have a strong partnership in both traditional and advanced agriculture. Canada remains Florida’s leading agriculture destination. In 2020, $405 million of Florida’s fresh fruit and vegetables were exported to Canada. “Fresh From Florida” has teamed up with over 1,800 Canadian retail grocery stores to promote Florida produce from late spring through early fall season, providing Canadian consumers with fresh produce.

Canada’s Contribution to Florida’s Economic Recovery

Canadian buyers are by far the largest non-U.S. investors in Florida’s residential real estate market. According to a survey by Florida’s Realtor Association, Canada was again, in 2019, the top international buyer, with an estimated transaction volume of $3.3 billion, bringing the total residential real estate portfolio held by Canadians to over $60 billion. Despite the economic losses to the state stemming from the 2020 COVID pandemic, Canada’s enduring investments in residential real estate will continue to translate into billions of dollars paid in local taxes and ancillary services for many of Florida’s local communities and businesses — making Canada an integral part of Florida’s economic recovery.

Canada and the U.S.: There for Each Other

In 2020, Canada and the U.S. again worked together as the COVID-19 pandemic took hold across the world. Canada and the U.S. preserved supply chains across the border, deeming trucking essential. Canada and the U.S. traded important inputs for the production of personal protective equipment and medical equipment, maintaining a thriving bilateral trade in finished goods. Soon after the outbreak, the Canadian Institutes of Health Research began awarding grants to joint research projects proposed by Canadian and U.S. institutions to try and find an end to the virus.

No matter our shared challenges and as we have done in times of crisis, Canada and the U.S. will continue to support one another as friends, partners and allies.