California is the richest state of the United States. The state’s trade volume is currently about 50 billion U.S. dollars, with imports making 70 percent of this value. Compared to Texas, the second-largest state after itself, California exported less goods to the rest of the world over this period.
California’s economic contribution
California’s economic output places the state at the top in the United States. Measured by GDP, California contributed 3.2 trillion U.S. dollars to the U.S. economy, 50 percent more than that of Texas. On a per capita basis, California’s GDP corresponds to almost 83 thousand U.S. dollars in real terms.
Tech companies and wages in California
California is the home to technology powerhouses of the United States. The world’s highest capping tech companies such as Apple and Google were founded and headquartered in California. According to a 2023 study, Silicon Valley was also the leading hub that offered the highest wages to tech workers. On average, a tech employee earned around 140 thousand dollars working for a Silicon Valley company.
California's imports and exports of goods from January 2017 to January 2024
(in million U.S. dollars)
Month and year
Imports
Exports
Jan 24
36,937.4
13,865.9
Dec 23
36,565.4
14,883.3
Nov 23
38,621.8
14,896
Oct 23
41,903.3
15,653.9
Sep 23
40,303.9
14,953.1
Aug 23
38,679.6
14,735.4
Jul 23
36,560.9
14,034.9
Jun 23
37,359
15,540.1
May 23
37,716.6
14,990.1
Apr 23
35,896.9
14,305.9
Mar 23
37,702.4
16,302
Feb 23
32,022.2
13,446.9
Jan 23
36,153
14,975.7
Dec 22
38,576.2
15,223.6
Nov 22
37,556.1
14,712.9
Oct 22
43,301.6
15,670.8
Sep 22
42,076.5
15,432
Aug 22
43,213.4
15,586.5
Jul 22
43,651.5
15,286.4
Jun 22
45,898.6
16,218
May 22
44,100.29
16,155.74
Apr 22
42,693.59
15,900.73
Mar 22
47,418.38
17,032.88
Feb 22
39,660.99
14,623.01
Jan 22
40,610.98
13,707.05
Dec 21
42,343.26
14,381.99
Nov 21
42,004.41
14,883.53
Oct 21
42,097.81
15,912.2
Sep 21
42,484.5
13,977.9
Aug 21
41,014.63
14,894.38
Jul 21
40,061.82
14,924.91
Jun 21
39,876.55
14,967.27
May 21
38,950.21
14,970.59
Apr 21
37,592.49
15,215.27
Mar 21
38,177.43
14,823.7
Feb 21
32,879.94
13,059.78
Jan 21
33,265.99
13,114.84
Dec 20
36,430.87
14,019.02
Nov 20
37,045.45
14,238.3
Oct 20
39,346.71
14,693.57
Sep 20
36,745.94
12,803.49
Aug 20
36,405.11
13,072.04
Jul 20
36,478.41
13,487.27
Jun 20
32,396.21
11,707.44
May 20
27,191.49
10,488.35
Apr 20
26,603.55
10,406.32
Mar 20
28,812.99
13,565.79
Feb 20
26,574.05
14,178.44
Jan 20
31,991.49
13,452.24
Dec 19
33,176.45
14,032.94
Nov 19
33,942.08
14,757.4
Oct 19
36,401.99
15,482.08
Sep 19
34,378.68
13,797.27
Aug 19
35,267.48
14,911.69
Jul 19
35,936.33
13,543.88
Jun 19
35,365.46
13,988.71
May 19
36,062.86
15,319.72
Apr 19
32,569.39
13,864.73
Mar 19
31,136.33
15,550.98
Feb 19
29,528.12
14,295.06
Jan 19
34,363.19
13,781.79
Dec 18
36,863.46
13,976.02
Nov 18
37,565.81
14,997.77
Oct 18
41,462.61
15,961.6
Sep 18
38,194.19
14,462.87
Aug 18
37,710.2
15,178.01
Jul 18
36,839.04
14,006.42
Jun 18
35,300.07
15,413.3
May 18
37,283.56
15,150.21
Apr 18
35,362.18
14,979.82
Mar 18
34,032.49
15,962.64
Feb 18
33,251.23
14,614.98
Jan 18
37,301.25
13,701.16
Dec 17
38,292.57
15,320.6
Nov 17
42,173.76
15,329.57
Oct 17
39,717.93
14,821.26
Sep 17
37,392.87
14,193.85
Aug 17
38,004.43
14,693.73
Jul 17
36,530.75
13,300.05
Jun 17
37,238.7
15,061.87
May 17
37,205.15
13,493.54
Apr 17
34,709.4
14,069.87
Mar 17
34,877.16
14,914.13
Feb 17
29,683.72
13,458.12
Jan 17
34,888.43
13,272.87
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By NAICS-based product code groupings.
Not seasonally adjusted.
Imports and exports include manufactured and nonmanufactured commodities. Furthermore, exports include reexports.
Export data is to be found here.
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US Census Bureau. (March 7, 2024). California's imports and exports of goods from January 2017 to January 2024 (in million U.S. dollars) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/234201/imports-and-exports-of-goods-of-california/
US Census Bureau. "California's imports and exports of goods from January 2017 to January 2024 (in million U.S. dollars)." Chart. March 7, 2024. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/234201/imports-and-exports-of-goods-of-california/
US Census Bureau. (2024). California's imports and exports of goods from January 2017 to January 2024 (in million U.S. dollars). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/234201/imports-and-exports-of-goods-of-california/
US Census Bureau. "California's Imports and Exports of Goods from January 2017 to January 2024 (in Million U.S. Dollars)." Statista, Statista Inc., 7 Mar 2024, https://www.statista.com/statistics/234201/imports-and-exports-of-goods-of-california/
US Census Bureau, California's imports and exports of goods from January 2017 to January 2024 (in million U.S. dollars) Statista, https://www.statista.com/statistics/234201/imports-and-exports-of-goods-of-california/ (last visited December 22, 2024)
California's imports and exports of goods from January 2017 to January 2024 (in million U.S. dollars) [Graph], US Census Bureau, March 7, 2024. [Online]. Available: https://www.statista.com/statistics/234201/imports-and-exports-of-goods-of-california/