Monday, March 26, 2007

Significance of Trade to California's Economy

  • Small businesses account for 95% of ALL California’s exports.

  • California companies exported nearly $128 billion worth of goods in 2006 – not including services.

  • California companies export to 224 global markets

  • Vietnam is California's fastest growing market among the state's 30 largest export destinations

  • Export-supported jobs account for an estimated 8.6 percent of California's total private-sector employment

  • More than one-fourth (26.3 percent) of all manufacturing workers in California depend on exports for their jobs

  • Exports from CA to China have nearly tripled from 2000 to 2006

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