Business & Real Estate

California exports edge up in April, compared with year-ago period

California export trade edged up 2.1 percent in April compared with the same month in 2014, according to an analysis of U.S. Commerce Department figures.

In-state businesses shipped merchandise valued at $14.39 billion in April, up from $14.09 billion in April last year, according to Wednesday’s report by Beacon Economics, a consulting firm with offices in the Bay Area and Los Angeles.

By comparison, U.S. exports of goods saw a 4.2 percent decline in the same period.

Beacon said California exports of manufactured goods rose 0.2 percent year-over-year, from $9.41 billion to $9.43 billion. However, exports of non-manufactured goods – mainly agricultural produce and raw materials – dropped to $1.76 billion, down about 2.5 percent from $1.81 billion last year. Re-exports surged by more than 11 percent, from $2.87 billion a year ago to $3.2 billion this year.

On the import side, California took in $33.15 billion in goods in April, up 3.5 percent from $32.01 billion in April last year. Because some goods entering California ports and airports go to other states, exports are considered a more accurate measure of the state’s trade health.

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