Total value of $67.5 Billion
California's exports of wine is about a billion (https://www.cdfa.ca.gov/Statistics/PDFs/2024-2025_california...)
So by my thinking, one billion is not 12% of 67 Billion. Indeed, it is less than 2%.
> Let's not do that please.
I agree that we shouldn't do it, or rather that commentators shouldn't do it, but I don't agree that we shouln't talk about commentators doing this.
You literally have this situation. Only 2% of California wine goes to the export market at all, and people are literally arguing that their personal boycott of some nation that doesn't even account for a billion in sales is driving California wine export woes. It is a bizarre form of economic narcissism and my example was apt.