{"id":12335,"date":"2017-02-08T09:56:17","date_gmt":"2017-02-08T16:56:17","guid":{"rendered":"http:\/\/plantingseedsblog.cdfa.ca.gov\/wordpress\/?p=12335"},"modified":"2017-02-08T09:59:32","modified_gmt":"2017-02-08T16:59:32","slug":"california-exports-finished-2016-on-a-high-note-but-dropped-slightly-from-previous-year-the-california-trade-report","status":"publish","type":"post","link":"https:\/\/plantingseedsblog.cdfa.ca.gov\/wordpress\/index.php\/2017\/02\/08\/california-exports-finished-2016-on-a-high-note-but-dropped-slightly-from-previous-year-the-california-trade-report\/","title":{"rendered":"California exports finished 2016 on a high note but dropped slightly from previous year – the California Trade Report"},"content":{"rendered":"
\"Almonds<\/a>

Almonds are California’s leading agricultural export.<\/p><\/div>\n

 <\/p>\n

\n
\n
\n

California\u2019s merchandise export trade concluded 2016 with an exceptionally strong showing in December, posting a nominal 9.3 percent gain over the same month in 2015.<\/p>\n

According to a Beacon Economics <\/a>analysis of U.S. trade statistics<\/a> released by the U.S. Census Bureau, foreign shipments by California businesses totaled $14.04 billion for the month, a robust increase over the $12.85 billion recorded in December 2015. For the year, the state\u2019s exports totaled $163.62 billion compared to $165.37 billion recorded one year earlier.<\/p>\n

“After a sluggish start to the year, export numbers picked up in the spring and, despite a strong dollar, finished the year briskly,\u201d said Jock O\u2019Connell<\/a>, Beacon Economics\u2019 International Trade Advisor.<\/p>\n

The state\u2019s exports of manufactured goods in December increased by 8.6 percent to $9.05 billion from $8.33 billion one year earlier. Exports of non-manufactured goods (chiefly agricultural products and raw materials) jumped 14.1 percent, to $1.70 billion from $1.49 billion. Re-exports, meanwhile, rose 9.3 percent to $3.29 billion from $3.01 billion.<\/p>\n

For the year as a whole, the state\u2019s manufactured export trade amounted to $103.41 billion, 2.9 percent shy of the previous year\u2019s $106.50 billion. Non-manufactured shipments totaled $19.79 billion, off one percent from $19.99 billion one year prior. Re-exports hit $40.42 billion exceeding last year\u2019s total of $38.88 billion by a four percent margin.<\/p>\n

“If you consider that the value of the dollar was at its highest in over a dozen years in 2016, it shouldn\u2019t be surprising that California\u2019s exports last year fell short of 2015,\u201d said Robert Kleinhenz<\/a>, Economist and Executive Director at Beacon Economics.<\/p>\n

Note – The latest comprehensive Ag export data for California (for 2015) are available here.<\/a><\/em><\/p>\n

Link to full California Trade Report\u00a0<\/a><\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

  California\u2019s merchandise export trade concluded 2016 with an exceptionally strong showing in December, posting a nominal 9.3 percent gain over the same month in 2015. According to a Beacon Economics analysis of U.S. trade statistics released by the U.S. … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":12,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[],"class_list":["post-12335","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"yoast_head":"\r\nCalifornia exports finished 2016 on a high note but dropped slightly from previous year - the California Trade Report - CDFA's Planting Seeds Blog<\/title>\r\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\r\n<link rel=\"canonical\" href=\"https:\/\/plantingseedsblog.cdfa.ca.gov\/wordpress\/index.php\/2017\/02\/08\/california-exports-finished-2016-on-a-high-note-but-dropped-slightly-from-previous-year-the-california-trade-report\/\" \/>\r\n<meta property=\"og:locale\" content=\"en_US\" \/>\r\n<meta property=\"og:type\" content=\"article\" \/>\r\n<meta property=\"og:title\" content=\"California exports finished 2016 on a high note but dropped slightly from previous year - the California Trade Report - CDFA's Planting Seeds Blog\" \/>\r\n<meta property=\"og:description\" content=\"  California\u2019s merchandise export trade concluded 2016 with an exceptionally strong showing in December, posting a nominal 9.3 percent gain over the same month in 2015. 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