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California exports to former Soviet satellites exceed those to all of the former Soviet states.


Driven by sales of electronics, computers and machinery, five of Eastern Europe's largest new democracies collectively imported $105.09 million of California California (kăl'ĭfôr`nyə), most populous state in the United States, located in the Far West; bordered by Oregon (N), Nevada and, across the Colorado River, Arizona (E), Mexico (S), and the Pacific Ocean (W).  products last year, more than the $90.20 million spent by all the states of the former Soviet Union combined, according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 latest available data.

The report reflecting a surge in California buying by Poland Poland, Pol. Polska, officially Republic of Poland, republic (2005 est. pop. 38,635,000), 120,725 sq mi (312,677 sq km), central Europe. It borders on Germany in the west, on the Baltic Sea and the Kaliningrad region of Russia in the north, on Lithuania, , Czechoslovakia, Hungary, Bulgaria and Romania comes from the Massachusetts Massachusetts (măsəch`sĭts), most populous of the New England states of the NE United States.  Institute of Social and Economic Research at the University of Massachusetts The system includes UMass Amherst, UMass Boston, UMass Dartmouth (affiliated with Cape Cod Community College), UMass Lowell, and the UMass Medical School. It also has an online school called UMassOnline. , Amherst.

Unlike the trade figures recently released by the Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850.  Unified Port District which count the value of goods shipped through Los Angeles Port facilities at Long Beach, San Pedro and Los Angeles International Airport “LAX” redirects here. For other uses, see LAX (disambiguation).

“KLAX” redirects here. For other uses, see KLAX (disambiguation).

Los Angeles International Airport (IATA: LAX, ICAO: KLAX, FAA LID: LAX
, the institute data track all goods and services In economics, economic output is divided into physical goods and intangible services. Consumption of goods and services is assumed to produce utility (unless the "good" is a "bad"). It is often used when referring to a Goods and Services Tax.  produced in California shipped through other ports or transported by rail or truck to other countries.

California companies exported goods worth $36.7 million to Poland in 1991, a jump of 31.54 percent from $27.9 million in 1990, according to the institute figures. Polish buyers spent $10.83 million for industrial machinery and computer equipment, an increase of 161.3 percent. They bought $8.35 million in California electronics and electronic equipment (exclusive of computers), up 254.4 percent from $2.36 million.

Poland also bought California apparel and textile products worth $2.4 million in 1991, a huge leap from the previous year's $57,624. California printing and publishing exports to Poland increased 829 percent, to $1.62 million from $174,707, according to the data.

Czechoslovakia's imports of California products inched up 0.9 percent, to $21.07 million from $20.88 million. Sales of printing and publishing equipment broadjumped from $188,812 to $2.88 million. Electronic equipment sales (excluding computers) rose 618.4 percent, from $697,501 to $5.01 million, according to the institute.

Czechoslovakia will be a good short-term Short-term

Any investments with a maturity of one year or less.


short-term

1. Of or relating to a gain or loss on the value of an asset that has been held less than a specified period of time.
 prospective buyer for California exports, said Neil Garston, associate chairman of the economic department at Cal State University at Los Angeles.

"The government is in the process of selling off the government-owned industries to Czech citizens," he said. "There may be some joint-venture agreements made with foreign investors but the European European

emanating from or pertaining to Europe.


European bat lyssavirus
see lyssavirus.

European beech tree
fagussylvaticus.

European blastomycosis
see cryptococcosis.
 countries already have strong ties to key individuals in Czech industries."

California exported $19.66 million worth of goods to Hungary last year, an increase of 31.5 percent, according to the data. Transportation-equipment sales totaled $3.67 million, a giant gain on the previous year's $186,750.

Not all Eastern European countries show the potential appetite for California goods shown by Hungary, Czechoslovakia and Poland. Despite a good showing in 1991, Bulgaria traditionally has been slow to make decisions and reposition its economy, said Cal State's Garston. "The way things look now, they will be interested in buying machinery for agriculture," Garston said.

Bulgarian imports from California jumped 472.6 percent, to $11.07 million in 1991 from $1.93 million. It spent $8.11 million for metal mining equipment and paid California companies $1.24 million for industrial machinery and computer equipment, according to the study.

Romania had a smaller increase in demand for California exports than some of its Eastern European neighbors. Driven by purchases of California industrial machinery and computer equipment totaling $6.04 million, a 560.9 percent increase, Romania increased its California imports only 4.8 percent, to $16.59 million from $15.83 million, according to the data.
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Article Details
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Title Annotation:Special Report: Foreign Trade
Author:Hathcock, Jim
Publication:Los Angeles Business Journal
Date:May 4, 1992
Words:564
Previous Article:Douglas stands at the brink of European adventure. (Douglas Aircraft Co. of McDonnell Douglas Corp.) (Special Report: Foreign Trade)
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