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Major Export Destinations

(Figures are
from Year 2000)
THE
AMERICAS
Canada:
Canada remained California’s third largest export market with exports
increasing 18% in the fourth quarter and 13.8% for all of 2000, to total nearly
$15.1 billion.
In
the first seven years of NAFTA, California exports to Canada increased 98% or
$7.4 billion. California exports to Canada directly and indirectly support
approximately 180,000 jobs in California, with 89,000 of those resulting from
export growth under NAFTA.
Mexico:
Mexico
is California’s number one trading partner for the second year in a
row, buying more than $19 billion in California goods, a 27.6% rise over 1999. This
set a record for California exports to a single country, topping the $18.9
billion California sold to Japan in 1996. Mexico’s
strong and balanced expansion follows on 12% and 23% growth in the past two
years respectively. In the first
seven years of NAFTA, California exports to Mexico increased nearly 192% or
$12.5 billion. Today, California exports to Mexico directly and indirectly
support approximately 228,000 jobs in California, with more than 150,000 of
these jobs resulting from export growth under NAFTA.
South
America:
California
exports to the MERCOSUR economies (Brazil, Argentina, Paraguay and Uruguay) and
its associate members (Chile and Bolivia) remained relatively unchanged in 2000,
declining 0.3% to total $2.2 billion. California
exports to Brazil increased 3%, while exports to
Argentina (down 9%) and Chile (3%) declined in 2000.
Although exports to the
Southern
Cone economies account for less than 2% of total California exports, they
continue to offer a tremendous opportunity for future export growth for
California firms.
ASIA/PACIFIC
California
exports to the Asian 10 (Japan, Korea, China, Taiwan, Hong Kong, Singapore,
Thailand, Indonesia, the Philippines, and Malaysia) increased 27% in 2000 to
total $55.2 billion, accounting for 42.6% of total California exports. This
follows on 6% growth for all of 1999.
ASIAN:
The
Association of South East Asian Nations markets purchased $13.2 billion in
California exports in 2000, up $2.9 billion or 28% for the year.
Exports to Singapore (up 8%), Malaysia (up 42%), Thailand (up 62%), the
Philippines (up 28%) and Indonesia (up 60%) all showed significant growth in
2000.
China:
California
exports to China (including Hong Kong) increased 26% to total $8.3 billion in
2000, making it California’s fifth largest export market.
California exports to Hong Kong were up 13% to
$4.5 billion, while exports to mainland China were up 44% totaling $3.8 billion.
Independently, Hong Kong and mainland China currently rank as our tenth and
eleventh largest export markets respectively.
Passage
of PNTR (Permanent Normal Trade Relations) for China and China’s admission to
the World Trade Organization (WTO) hold enormous opportunities for California
exporters and could lead to significant growth in trade to this region over the
next several years.
Japan:
After
three consecutive years of decline, California exports to Japan recovered
strongly in 2000. Exports to Japan
grew 34% in the fourth quarter and 25.6% for all of 2000 to total $17.3 billion.
Taiwan:
California
exports to Taiwan grew 24% in 2000 to total $8 billion, making the island
California’s sixth largest market just behind China.
EUROPEAN
UNION
Europe’s
mature markets are an important part of California’s diversified export
portfolio. California exports to the EU increased 18.9% in 2000 to total $27.2
billion, accounting for 21% of total California manufactured exports.
All ten European markets that rank among California’s top 25 export
destinations experienced strong growth in 2000.
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