California’s merchandise export trade in April totaled $13.07 billion, up from $13.03 billion in exports reported in April 2012, according to an analysis by Beacon Economics of foreign trade data released by the U.S. Commerce Department.
As a result of inflation, however, the state’s merchandise export trade in April actually slid 0.9 percent year-over-year.
Year-to-date, California’s overall export trade totaled $52.44 billion, down from $52.91 billion last year. From February to April, the chief culprit of the export decline is a drop in shipments of components used in the manufacture of personal computers.
Mexico remained California’s top export market, although shipments to the nation decreased 18.5 percent in the last three months. Shipments to Canada, the second-largest destination for California products, rose 1.8 percent compared to last year. Meanwhile, exports to China, the third-biggest overseas customer, grew 6.4 percent.