California Exports Falter; Texas Takes The Lead -- California Capitol Hill Bulletin -- Volume 10, Bulletin 6 -- March 13, 2003

California's exports fell in 2002 to $92.2 billion, allowing Texas to take the lead among the 50 states as the largest exporter of goods at $95.4 billion. California's exports dropped 13.6 percent from its 2001 total of $106.8 billion, and the 2001 figure was a ten percent drop from California's all-time high export total of $119.6 billion in 2000. Much of the state's loss in exports is a result of the decline in the high-tech industry and the shutdown of the West Coast ports in 2002. Texas in the meantime was able to take the lead because its export total increased by .4 percent from 2001. Its exports value in 2001 was just about $95 billion.

Total U.S. exports for 2002 were also down - to $693 billion, from $731 billion in 2001. Texas and California by far led third place New York, whose exports were valued at $37 billion in 2002.

Further information California's trade statistics can be obtained from the International Trade Administration's website at: http://www.ita.doc.gov .


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