State trade fact sheets - Florida
- 579 Canadian-owned businesses employ 58,074 workers in Florida
- Canada is the #1 customer for most states
- 76% of Canadian exports to the U.S. are raw materials, parts, and components used to create other goods in the United States
- Canada is Florida’s #1 international purchaser of residential properties, with over $60 billion owned by Canadians
NextEra Energy Canada – Bridging the Future
Headquartered in Juno Beach, Florida, NextEra and its group of companies comprise one of the world’s largest generators of renewable energy from the wind and sun, and are also leading the charge in battery storage. NextEra began its foray into the Canadian renewable energy market in 2006 and since then, has established itself in four provinces, operating nine wind facilities and two battery storage facilities through its Canadian subsidiary NextEra Canada Energy. A partnership between NextEra Energy Canada, Enbridge and OMERS, called NextBridge, was also established to deliver transmission projects in Northern Ontario, providing access to clean energy to support new economic growth in the region for years to come.
Canada maintains top spot in Florida!
The latest stats from the Florida Chamber of Commerce demonstrate once again that Canada is Florida’s biggest international economic partner, when you include Florida origin exports, imports, visitors and foreign direct investment. Canada’s extensive footprint in Florida has conferred significant economic benefits across the state, as many mayors often remind us! Some key economic indicators include: $7.7 billion in bilateral trade; 3.5 million tourists per year, contributing $6.5 billion to local economies; nearly 600 companies in 2,500 locations across the state, employing over 58,000 Floridians directly; and residential real estate holdings of $60 billion, contributing over $600 million annually in local property taxes. There’s more to Canada in the Sunshine State than just sun-seeking snowbirds!
Our Common Goals
The Canada–U.S. relationship is deeply rooted in our shared values, history and vision for the future. At the top of our priority list is ending the COVID-19 pandemic at home and abroad by strengthening efforts to control the pandemic, collaborating on public health responses, and building resilience against future outbreaks. We are working closely together to defeat the virus by responding to new variants, following expert advice, and supporting global access to COVID-19 vaccines.
Along with combating COVID-19, we are committed to building back better, accelerating climate ambitions, advancing diversity and inclusion, bolstering security and defense, and building global alliances. Canada and the U.S. will continue to work together on these shared goals in the years to come.
Florida exports $4.1 billion in goods to Canada annually
Florida exports to Canada by industry
- Agriculture: 23%
- Chemicals: 15%
- Equipment & machinery: 29%
- Forest products: 3%
- Minerals & metals: 6%
- Plastics & rubbers: 4%
- Transportation: 14%
- Other: 6%
Florida imports $5.2 billion in goods from Canada annually
Florida imports from Canada by industry
- Agriculture: 21%
- Chemicals: 5%
- Energy: 5%
- Equipment & machinery: 22%
- Forest products: 9%
- Minerals & metals: 7%
- Plastics & rubbers: 5%
- Transportation: 11%
- Other: 15%
Top Florida goods exports to Canada
- Fertilizers: $359 million
- Aircraft & parts: $293 million
- Optical, medical & precision instruments: $279 million
- Fruits & nuts: $236 million
- Vegetables: $231 million
- Ships & boats: $162 million
- Fish & crustaceans: $139 million
- Plastics & plastic articles: $130 million
- Pharmaceutical products: $109 million
- Pearls, gems, precious metals & jewelry: $104 million
Top Florida goods imports from Canada
- Aircraft & parts: $444 million
- Engines & turbines: $341 million
- Furniture & bedding: $274 million
- Plastics & plastic articles: $247 million
- Softwood lumber: $220 million
- Pasta, breads & cereal preparations: $215 million
- Fuel oil: $201 million
- Fish & crustaceans: $190 million
- Optical, medical & precision instruments: $174 million
- Prepared vegetables: $154 million
Florida exports $2.1 billion in services to Canada annually
Top Florida services exports to Canada
- Business services: $787 million
- Travel (including for eduction): $438 million
- Charges for the use of intellectual property: $305 million
- Telecommunications, compuer & information services: $157 million
- Financial services: $156 million
For more information on Florida’s trade with Canada, please contact our trade team in Miami.
- Unless otherwise mentioned, all figures are based on 2021 data in U.S. dollars.
- U.S. Census Bureau: goods trade, Canada’s export ranking (2/2022 release).
- The Trade Partnership: 2019 services exports (estimated, 11/2021 release).
- Dun + Bradstreet: Canadian-owned businesses (3/2022 release).
- Figures may not add up due to rounding.
- Date Modified: