TechAmerica Foundation : Trade in the Cyberstates


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Trade in the Cyberstates

Purchase | Executive Summary | Press Releases by Cyberstate
Table of Contents | Sample Pages

We are proud to present TechAmerica Foundation’s fourth annual editionPurchase Trade in the Cyberstates 2010 of Trade in the Cyberstates: A State-by-State Overview of High-Tech International Trade. It provides new 2009 data on high-technology trade at the national level and export data for all 50 states, the District of Columbia, and Puerto Rico.

The report is a partner to TechAmerica Foundation’s annual flagship publications, Cyberstates and Cybercities, which examine the high-tech industry at the national, state, and metropolitan levels focusing on employment, wages, establishments, and other factors.

U.S. high-tech merchandise exports totaled $188 billion in 2009, down 16 percent from $223 billion in 2008.  Over the longer term, tech exports rose 13 percent since 2003 and represent the single largest merchandise export sector in the United States, accounting for 18 percent of total U.S. exports in 2009.

Only four cyberstates saw tech export growth between 2008 and 2009 — Alaska, Louisiana, Arkansas, and Wyoming. California was the leading high-tech export state with $41.3 billion in exports in 2009, followed by Texas with $35.8 billion.

Trade in the Cyberstates 2010: Highlights of What’s Inside

U.S. HIGH-TECH EXPORTS

  • U.S. high-tech exports totaled $188 billion in 2009, decreasing 16 percent from $223 billion in 2008.
  • High tech was the largest overseas industry export, with U.S. high-tech manufactured goods comprising 17.8 percent of total U.S. exports in 2009.
  • Semiconductor manufacturing remained the largest component of high-tech exports in 2009, accounting for $43.5 billion worth of exports, despite declining 26 percent from 2008, the largest drop of all the subsectors.
  • High-tech exports decreased in seven sectors (computers and peripheral equipment, consumer electronics, semiconductors, industrial electronics, communications equipment, electronic components, and photonics) and increased in one sector (electromedical equipment).
  • Mexico and Canada were the leading destinations for U.S. high-tech exports with $28.1 billion and $24.3 billion, respectively, in 2009. China was the third largest U.S. high-tech export destination, accounting for $14.0 billion in exports, followed by Japan and Germany.
  • U.S. high-tech exports supported 944,300 domestic jobs in the United States.

U.S. HIGH-TECH IMPORTS

  • U.S. high-tech imports reached $299 billion in 2009, down 11 percent from $336 billion in 2008.
  • High tech was the United States’ second largest industry import.
  • The largest high-tech import sectors in 2009 were computers and peripheral equipment ($90.1 billion), communications equipment ($74.7 billion), and consumer electronics ($43.5 billion).
  • The United States imported $111.0 billion of high-tech goods from China in 2009, followed by $48.0 billion from Mexico, and $30.3 billion from Japan.

U.S. HIGH-TECH TRADE BALANCE

  • The high-tech trade deficit was $111.2 billion in 2009, down slightly from 2008 ($113.5 billion).

To learn about the tech industry in all 50 states, the District of Columbia, and Puerto Rico buy Trade in the Cyberstates 2010 Online TODAY or by calling 408.987.4200
Cost: $150

Or email your name, company, address, phone, and fax to csc@techamerica.org,
and we will call you back for your payment information.

Purchase | Executive Summary | Press Releases by Cyberstate
Table of Contents | Sample Pages

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This entry was posted on Monday, November 29th, 2010 by Jason Langsner.