I-MAG STS Corporation
CALIFORNIA Imports
|
Dollars
|
% Change
|
Medium-sized passenger vehicles
|
16.8
|
-26.1%
|
Crude oil
|
15.1
|
-51.4%
|
Color TV reception equipment
|
12.5
|
-11.0%
|
Large-sized passenger vehicles
|
11.5
|
-46.5%
|
Laptops, netbooks, notebooks
|
10.1
|
22.3%
|
Computer parts and accessories
|
9.1
|
-3.2%
|
Voice, image and data equipment
|
6.7
|
-19.6%
|
Computer storage devices
|
4.3
|
-17.3%
|
Printers, copiers and FAX machines
|
4.3
|
2.2%
|
Cellular phones
|
4.3
|
8.2%
|
|
Sadly, the declines in imports have little or nothing to
do with California producing more cars, electronics or
crude oil. Rather, the dominant cause is inability or
disinclination to pay.
China
|
89.3
|
-9.5%
|
Japan
|
33.6
|
-39.3%
|
Mexico
|
29.5
|
-12.7%
|
Canada
|
17.2
|
-19.9%
|
South Korea
|
12.2
|
-21.2%
|
Malaysia
|
8.8
|
-5.4%
|
Taiwan
|
8.1
|
-27.4%
|
Thailand
|
7.1
|
-14.9%
|
Germany
|
5.7
|
-24.8%
|
Saudi Arabia
|
3.8
|
-57.6%
|
|
Like it or not, California's troubles have a
measurable planet-wide impact. Money not
spent on Chinese imports reduces the
amount of money China might invest in
Sudan.