Data shows California's export trade rebounding

SACRAMENTO — The people who track California's economy say the state's export trade continues to rebound.

According to Jock O'Connell, an international trade adviser at the University of California Center Sacramento, the value of shipments exported from California in January increased by 18.5 percent compared to January of 2009.

O'Connell says the improvement is the third consecutive month of year-over-year increases in the state's export trade.

The center's analysis of trade data released Thursday by the U.S. Commerce Department shows $10.3 billion in goods were shipped overseas in January. That exceeds the $8.7 billion the state's exporters shipped in January 2009.

The data also shows the increase in exports was reflected at California's major ports, with the number of loaded shipping containers leaving the Ports of Los Angeles, Long Beach and Oakland rising by 26.8 percent over last year.

Copyright 2010 The Associated Press.