The ongoing impacts of the pandemic have led to a drop of nearly 9% in agricultural exports from California compared to this time last year, according to a new report from Beacon Economics. The decline was about $500 million, dropping to nearly $1.6 billion.
“While the numbers are down, on a year-over-year basis, we are doing better than earlier in the year, and much better than the nation overall,” said Christopher Thornberg, a founding partner in the consulting firm.
Thornberg noted that imports to California have recovered even faster, indicating an economy that has improved dramatically in recent months.