State's 2012 export total revised upward
07/06/2013 12:00 AM
07/08/2013 8:02 AM
The merchandise value of California exports for all of 2012 has been revised upward by the U.S. Census Bureau.
Last year's previously reported total of approximately $161.7 billion was revised to $161.89 billion, representing an upward adjustment of more than $180 million.
On a straight-up, dollar-value basis, California broke its all-time export record in 2012, surpassing the previous record of about $159.1 billion set in 2011.
However, trade experts said that the 2011 and 2012 export trade figures represent a virtual tie when adjusted for inflation.
Both the 2011 and 2012 totals topped pre-recession export levels, according to Beacon Economics, a consulting firm with Bay Area and Los Angeles offices.
Call The Bee's Mark Glover, (916) 321-1184.
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