From the American Journal of Commerce:
A noted trade expert is calling for an export resurgence to stimulate the U.S. economy. Dr. Walter Kemmsies said in Jack London Square last week that the Port of Oakland can help make it happen.
“Oakland supports exports,” the economist told an audience of 100 supply chain leaders gathered in the Port’s Jack London Square. The Port of Oakland is considered one of the nation’s leading export gateways. Containerized export volume shipped through Oakland increased more than 10 percent in 2016. So far in 2017, exports have accounted for 52 percent of its total cargo volume. That’s rare in the U.S. where most ports are heavily skewed towards imports.
Dr. Kemmsies said the U.S. should concentrate on high-value exports including agricultural commodities – an Oakland mainstay. “A less U.S.-centric world requires more U.S. exports,” he concluded.