California is located on the west coast of the United States in the Pacific region and is nicknamed the "Golden State". California is the largest import spending state in the United States and the second largest exporting state in the United States after oil-rich Texas.

Import

In 2022, California imported $508.8 billion worth of products from around the world. This figure represents an 8.2 percent year-over-year increase from $470.3 billion in 2021.

California's Top 10 Imports

1. Crude oil: $28.9 billion (5.7% of total California imports)

2. Medium-sized automobiles (piston engines): $20.2 billion (4%)

3. Small portable digital computers: $18.2 billion (3.6%)

4. Computer parts and accessories: $15.2 billion (3%)

5. Modems, similar receiving/transmission equipment: $11.1 billion (2.2%)

6. Cellular phones: $10.5 billion (2.1%)

7. Color TV reception equipment: $7.3 billion (1.4%)

8. Large automobiles (piston engines): $7.2 billion (1.4%)

9. Solid-state semiconductor storage devices: $6.93 billion (1.4%)

10. Wheeled toys (tricycles, scooters, pedal cars, doll cars): $6.88 billion (1.4%)

The imported product with the largest cost increase from 2021 to 2022 compared to the same period last year is crude oil (up 46.2 percent). California also recorded double-digit increases in imports of solid-state semiconductor storage equipment (up 20.9 percent from 2021) and modems and similar receiving or transmitting equipment (up 15.1 percent).

The only decline among California's major imports was for small portable digital computers, which fell -10.6 percent from 2021 expenditures for this product.

California Import Source Countries

The following list shows the top 10 countries/territories from which California imports more than three-fourths (77.3%) of the total value of products in 2022.

1. Mainland China: $147.6 billion (29% of total California imports)

2. Mexico: $60.5 billion (11.9%)

3. South Korea: $31.2 billion (6.1%)

4. Japan: $29.4 billion (5.8%)

5. Vietnam: US$29 billion (5.7%)

6. Taiwan: $28.6 billion (5.6%)

7. Canada: $23.8 billion (4.7%)

8. Thailand: US$16.4 billion (3.2%)

9. Germany: US$14.2 billion (2.8%)

10. Malaysia: $12.5 billion (2.5%)

California's largest trading partners in North America are Canada and Mexico, accounting for 16.6 percent of the total value of the Golden State's imports.

Export

In 2022, California exported $185.5 billion worth of goods to the world. This amount represents a 6.8% increase from the 2021 value of $174.9 billion.

The highest-value products exported from California were civil aircraft, including engines or other parts, machines used in the manufacture of semiconductor equipment, or parts and accessories for such machines.Together, these goods accounted for nearly one-tenth (8.6%) of California's total exports in 2022.

California's Top Ten Exports

1. civil aircraft, including engines, parts, and components: $6 billion (3.2 percent of California's total exports)

2. Machinery for manufacturing semiconductor devices: $5.5 billion (2.9%)

3. parts or accessories used in the manufacture of semiconductor devices: $4.5 billion (2.4%)

4. Modems, similar receiving/transmitting equipment: $4.4 billion (2.4%)

5. Electronic integrated circuits: $4.3 billion (2.3%)

6. Diamonds (unset): $4.2 billion (2.3%)

7. Computer parts and components: $3.6 billion (1.9%)

8. refined petroleum excluding biodiesel: $3.28 billion (1.8%)

9. shelled almonds: $3.26 billion (1.8%)

10. Electric vehicles: $2.9 billion (1.6%)

Refined petroleum, excluding biodiesel, emerged as the fastest-growing of California's top 10 export categories, increasing 114.8 percent from 2021 to 2022. The second highest growth in export sales was for mechanical parts and components used in the manufacture of semiconductor equipment, up 15.1 percent . Shipments of civil aircraft, including engines or other parts, grew the third fastest, with a 9.1 percent increase in value.

The worst declines among California's top 10 exports were electric vehicles (down -16.6%) and machinery used to make semiconductor equipment (down -12.4%).

California's Major Trading Partners

1. Mexico: $30.8 billion (16.6% of California's total exports)

2. Canada: $20.1 billion (10.8%)

3. China: $18.2 billion (9.8%)

4. Japan: $11.61 billion (6.3%)

5. Korea: US$11.58 billion (6.2%)

6. Taiwan: US$10.4 billion (5.6%)

7. India: US$6.0 billion (3.3%)

8. Hong Kong: $5.6 billion (3%)

9. Singapore: US$5.2 billion (2.8%)

10. Malaysia: $3 billion (1.6%)

The list shows the top 10 customers who purchased about two-thirds (66%) of the total value of California products in 2022. California's largest trading partners in North America, Canada, and Mexico accounted for more than a quarter (27.4%) of the total value of goods exported from the state.

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