CALIFORNIA BUSINESS MINUTE
International Trade Totals 2011
02-13-12
Hi, I am Tim Johnson and welcome to the California Business Minute.
The nation’s international trade deficit in goods and services increased to
$558.0 billion in 2011 from $500.0 billion in 2010. According to the US Dept.
of Commerce
2011 Annual Trade Highlights
•The 2011 goods and services deficit ($558.0 billion) was the highest
since 2008 ($698.3 billion).
•The 2011 services surplus ($179.0 billion) was the highest on record.
•The 2011 deficit with China ($295.5 billion), exports to China ($103.9 billion),
and imports from China ($399.3 billion) were the highest on record
10 LARGEST STATES FOR OVERALL INTERNATIONAL TRADE ACTIVITY 2011
1.Texas $568,634 billion
2.California $510,713
3.New York $210,467
4.Illinois $187,229
5.New Jersey $163,654
6.Michigan $155,200
7.Louisiana $137,682
8.Pennsylvania $130,323
9.Florida $130,038
10.Washington $111,676
TOP TEN LARGEST IMPORT TRADE ACTIVITY ORIENTED STATES 2011
1.California $351,359
2.Texas $318,774
3.New York $127,573
4.New Jersey $125,413
5.Illinois $122,473
6.Michigan $104,398
7.Pennsylvania $ 89,294
8.Louisiana $ 82,558
9.Georgia $ 67,010
10.Florida $ 65,282
TOP TEN LARGEST EXPORT TRADE ACTIVITY ORIENTED STATES 2011
1.Texas $249,860 billion
2.California $159,354
3.New York $ 82,894
4.Florida $ 64,756
5.Washington $ 64,632
6.Illinois $ 64,564
7.Louisiana $ 55,124
8.Michigan $ 50,062
9.Georgia $ 67,010
10.Florida $ 65,282
I am Tim Johnson and this has been the California Business Minute.
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