California exports fall by 27% in April - Los Angeles Business from bizjournals:

onoeuqedol1902.blogspot.com
April marked the sixth consecutive month of shrinkinfg exportsfor California, and it was the worsg April in four years, accordinv to figures compiled by the based on data releasee Wednesday morning by the . “Far from revealing any evidence of an impendintgeconomic recovery, California’s export trade nose-dived in April,” Jock the UC Center’s international trade and economicx adviser, said in a news The Golden State’s exports plummeted by more than a 25 percenf from export totals reported in same month last he noted. The value of California’s merchandisr exports in Apriltotaled $9.25 billion, 25.5 percenf below the $12.
42 billionj in goods the state shipped abroadd in April of last year. California’s export tradr began to deterioratelast November, and decreased by an average of aboutg 20 percent during the first quarteer of this year, O’Connelp said in the release. “In we plumbed new depths,” O’Connelo said. “These are the lowest California export numbers for the monthy of Aprilsince California’s manufactured exports fell by 27.6 percent in while agricultural goods and other non-manufacture d exports declined by 27.9 percent. Re-exportsx of goods previously imported into the statee were downby 15.2 percent, O’Connell said.
The bleaok export experience was evidenytat California’s ports and airports. The number of outbounde loaded containers in April decreasedeby 18.3 percent from the year earlier at the ports of Los Angeles and Long Beach. The Port of Oaklancd took less ofa hit, with a drop of 4.1 he said. International air freight tonnagde shrunkby 22.5 percent at while was off by 34.4 Importers felt the pain along with exporters in The value of foreign goods entering the United States through California declined by 28.5 percent, the UC Center Sacramento analysis found.