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SD trade rises sharply, but deficit remains

Mexico accounts for 86% of county's two-way trade

The value of two-way trade through San Diego topped $56.5 billion last year, 7.2% over 2011, according to economist Kelly Cunningham of the National University System Institute for Policy Research. The value of trade dropped 18% in 2009, then rebounded a total of 27% the next three years. However, adjusted for inflation, the total is still below the record levels between 2006 and 2008, says Cunningham.

Mexico accounted for 86% of 2012 trade. The Tijuana/Baja California area is among the nation's main center for electronics assembly and manufacturing. Most flat-screen TVs sold in the U.S. are produced in the area by Sony and Samsung. The region is also gaining in medical device manufacturing, says Cunningham.

Imports continue to top exports. Last year, world exports from San Diego were $20 billion, while imports were $37 billion. San Diego exported $19 billion of goods to Mexico but imported $30 billion worth. Japan and Germany were a distant third and fourth in trade (combined exports and imports), with totals of a bit over $2 billion each last year.

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The value of two-way trade through San Diego topped $56.5 billion last year, 7.2% over 2011, according to economist Kelly Cunningham of the National University System Institute for Policy Research. The value of trade dropped 18% in 2009, then rebounded a total of 27% the next three years. However, adjusted for inflation, the total is still below the record levels between 2006 and 2008, says Cunningham.

Mexico accounted for 86% of 2012 trade. The Tijuana/Baja California area is among the nation's main center for electronics assembly and manufacturing. Most flat-screen TVs sold in the U.S. are produced in the area by Sony and Samsung. The region is also gaining in medical device manufacturing, says Cunningham.

Imports continue to top exports. Last year, world exports from San Diego were $20 billion, while imports were $37 billion. San Diego exported $19 billion of goods to Mexico but imported $30 billion worth. Japan and Germany were a distant third and fourth in trade (combined exports and imports), with totals of a bit over $2 billion each last year.

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4S Ranch Allied Gardens Alpine Baja Balboa Park Bankers Hill Barrio Logan Bay Ho Bay Park Black Mountain Ranch Blossom Valley Bonita Bonsall Borrego Springs Boulevard Campo Cardiff-by-the-Sea Carlsbad Carmel Mountain Carmel Valley Chollas View Chula Vista City College City Heights Clairemont College Area Coronado CSU San Marcos Cuyamaca College Del Cerro Del Mar Descanso Downtown San Diego Eastlake East Village El Cajon Emerald Hills Encanto Encinitas Escondido Fallbrook Fletcher Hills Golden Hill Grant Hill Grantville Grossmont College Guatay Harbor Island Hillcrest Imperial Beach Imperial Valley Jacumba Jamacha-Lomita Jamul Julian Kearny Mesa Kensington La Jolla Lakeside La Mesa Lemon Grove Leucadia Liberty Station Lincoln Acres Lincoln Park Linda Vista Little Italy Logan Heights Mesa College Midway District MiraCosta College Miramar Miramar College Mira Mesa Mission Beach Mission Hills Mission Valley Mountain View Mount Hope Mount Laguna National City Nestor Normal Heights North Park Oak Park Ocean Beach Oceanside Old Town Otay Mesa Pacific Beach Pala Palomar College Palomar Mountain Paradise Hills Pauma Valley Pine Valley Point Loma Point Loma Nazarene Potrero Poway Rainbow Ramona Rancho Bernardo Rancho Penasquitos Rancho San Diego Rancho Santa Fe Rolando San Carlos San Marcos San Onofre Santa Ysabel Santee San Ysidro Scripps Ranch SDSU Serra Mesa Shelltown Shelter Island Sherman Heights Skyline Solana Beach Sorrento Valley Southcrest South Park Southwestern College Spring Valley Stockton Talmadge Temecula Tierrasanta Tijuana UCSD University City University Heights USD Valencia Park Valley Center Vista Warner Springs
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