How did Silicon Valley contribute to California’s export trade during the 1990s?

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During the 1990s, Silicon Valley played a pivotal role in the economy of California, serving as a primary driver of the state's international trade. Specifically, between 1992 and 1999, the region accounted for approximately 40 percent of California’s total export trade.1

This significant contribution was fueled by the region's transition from semiconductor manufacturing to the production of personal computers, computer software, and the development of Internet-based businesses. As California established itself as a world leader in the manufacture of computers and electronics, these high-technology sectors became central to the state's export strength. This era of growth was supported by a massive influx of specialized workers and a robust ecosystem of venture capital and entrepreneurship, which allowed the region to maintain its economic dominance despite shifts in the global market.2341