Oakland, Cal.- December 22, 2007- Bay Area seaports saw their export value grow 31.27% in the third quarter of 2007 from their third quarter 2006 values while imports remained flat. The US deficit on international trade in goods decreased 8.65% over this period, a sign of nationally increasing export levels. Future growth in exports at local ports may be hindered by a shortage of containers in the Midwest, where much of our nation's exported agricultural commodities originate, and infrastructure limitations.
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