Oregon exports collapse

Oregon exports drop 23% from 2008, ending seven consecutive years of export growth.

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Sales of Oregon goods overseas fell 23% in 2009 from the year before, ending seven consecutive years of export growth.

The figures reflect a nationwide trend; exports were down 18.8% last year nationally.

There are optimistic signs in the latest export data, however. Oregon exports — down more than 30 percent in the first half of 2009 — were up slightly in the fourth quarter.

And exports grew strongly throughout the year in one category: sales to China. That nation passed Canada as the largest destination for Oregon’s goods, reflecting China’s growing role in the world’s economy.

Read the full story at OregonLive.com.

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