April 28, 2024

News Release

Florida is 16th least-affected state by a trade war with Mexico

New report from WalletHub

| 2/7/2017

With President Donald Trump’s plans for financing the soon-to-be-constructed border wall with Mexico sparking concerns about a possible trade battle between our two nations, the personal-finance website WalletHub conducted an in-depth analysis of 2017's States Most Affected by Trade War with Mexico.
 
In order to gauge the impact of the economic fallout with Mexico on individual states, WalletHub’s analysts compared the 50 states and the District of Columbia across five key metrics. The data set ranges from “exports to Mexico as a share of state GDP” to “share of jobs supported by trade with Mexico.”
 
Trade War with Mexico’s Effect on Florida (1=Most Affected; 25=Avg.):

  • 39th – Exports to Mexico as % of Total State Exports
  • 38th – Exports to Mexico as % of State GDP
  • 27th – Imports from Mexico as % of Total State Imports
  • 28th – Imports from Mexico as % of State GDP
  • 39th – % of Jobs Supported by Trade with Mexico

For the full report, please visit WalletHub.com.

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