Tuesday, March 06, 2007

California No. 2 for worldwide exports

From the Sacramento Business Journal

California set a record for its export sales in 2006, Northern California World Trade Center officials said Monday.

California exported merchandise last year valued at $127.7 billion, a 9.3 percent increase over 2005. The amount does not include export of services. The Golden State's four largest export sectors were computer products, machinery, transportation equipment and chemical products, the local trade group reported. Computer and electronic products came in with a value of $44.5 billion. Machinery was next with $14.8 billion and transportation equipment and chemical products followed with $13.5 billion and $8.6 billion, respectively.

California's top export markets were Mexico, Canada, Japan and China. Mexico held its top spot for California exports with sales of $19.6 billion. This was the first time Canada, with $14.2 billion, surpassed Japan in the state's export market rankings. Japan ranked third with $13.9 billion, and China finished fourth with $9.9 billion. Exports from California to China have nearly tripled since 2000, expanding from $3.5 billion. California is the top U.S. exporting state to China......

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