State export trade has OK December

California’s export trade was valued at $14.9 billion in December, essentially unchanged from one year earlier.

During the same 12-month period, state exports fell to $166.072 billion from $167.724 billion, and California’s percentage of national exports – nine percent – was also effectively the same year-over-year, according to Beacon Economics in Los Angeles.

Exports of California’s manufactured products in December rose 0.1 percent year-over-year to $9.3 billion, while the state’s exports of non-manufactured commodities declined by 9.1 percent to $1.881 billion.

California’s exports in 2024 totaled $183.343 billion, a 2.6 percent gain compared with the $178.717 billion in goods the state’s industries shipped out of the country in 2023.

“While trade flows continue to look up, the recent announcements of tariffs on China, Canada, and Mexico, should make it clear that it will not be business as usual over the next few years,” said Christopher Thornberg, founding Partner of Beacon Economics, in a statement. “The 30-day reprieve on our NAFTA partners may imply that President Trump is looking for a quick political win rather than genuinely trying to upend global trade—but only time will tell.”