California export trade figures improving

AP News
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Posted: Nov 13, 2009 3:39 PM

California's export trade is showing signs of improvement after being battered all year.

Jock O'Connell, international trade adviser at the University of California Center Sacramento, says the state's exports from September showed a 3.2 percent gain from August.

But the export trade of $10.35 billion is still 16 percent below the amount goods the state shipped abroad the same month last year.

It was California's lowest export figures for the month of September since 2005.

O'Connell says the data suggests Northern California is recovering faster than Southern California. The number of containers leaving the Ports of Los Angeles and Long Beach was down 8.9 percent in September while the Port of Oakland saw a 12.5 percent gain from last year.