Pennsylvania’s Tech Exports Total $3.5 Billion
Tech Exports from Pennsylvania Jump by $529 Million in 2006

Clark, NJ (July 17, 2007) – AeA, the nation’s largest technology trade association with 2,500 member companies representing all segments of the high-tech industry, today released a special trade report detailing national and state trends in the international trade of high-tech goods.  The report, Trade in the Cyberstates 2007: A State-by-State Overview of High-Tech International Trade, covers all 50 states, the District of Columbia, and Puerto Rico.

High-tech goods exports from Pennsylvania totaled $3.5 billion in 2006, up $529 million, or 18 percent from 2005, making it the 13^th largest cyberstate in terms of high-tech exports.  Leading tech sectors in Pennsylvania were industrial electronics with $934 million and electronic components with $783 million. 

“The link between high-tech export growth and the health of Pennsylvania’s state economy is undeniable,” said Thomas Shields, Chairperson for the NJ-PA Council Executive Committee.  “Tech exports have been rising for the last three years, and now support thousands of Pennsylvanians, according to estimates from the Bureau of the Census.  This is an important connection that often slips under the radar of policy makers.”

Nationally, Trade in the Cyberstates 2007 shows that international trade of high-tech goods continues to rise.  High-tech goods exports grew by 10 percent for a total of $220 billion in 2006, representing 21 percent of all U.S. exports to the world.  High-tech imports totaled $322 billion in 2006, up by 9 percent, resulting in a tech trade deficit of $102 billion.  Nationwide, tech exports directly supported 683,900 jobs in the United States.

Trade in the Cyberstates 2007 provides a comprehensive review of international trade of high-tech goods at the national and state-by-state level.  The report provides 52 state overview pages highlighting high-tech exports with detailed data on historical export trends, exports by individual tech sector, and leading export destinations by country.

This report is a partner report to AeA's annual flagship publication, Cyberstates, which provides national and state-by-state data on high-tech jobs, wages, payroll, and other factors.  In the past, the high-tech trade data was included in the Cyberstates report.  This new report provides a tremendous amount of detailed data that was not previously published.  Like Cyberstates, Trade in the Cyberstates uses official government statistics and is not survey data.

AeA members can purchase Trade in the Cyberstates 2007 for $125; non-members for $250.  Visit www.aeanet.org/trade to download the report, or call 408.987.4200.

What Does High-Tech Trade Mean for Pennsylvania?

• $3.5 billion in high-tech exports (13^th ranked cyberstate)
   
• Up $529 million in tech exports between 2005 and 2006
   
• 13 percent of exports from Pennsylvania are tech exports (ranked 28^th)
   
• 17,800 jobs in Pennsylvania are directly supported by tech exports

Pennsylvania’s Leading Tech Export Destinations:

• $679 million in tech exports to Canada
   
• $280 million in tech exports to Mexico
   
• $216 million in tech exports to Germany

Pennsylvania’s Leading Tech Export Sectors:

• 5^th in electronic components exports at $783 million
   
• 12^th in industrial electronics exports at $934 million
   
• 23^rd in computers and peripheral equipment exports at $481 million

Source: Trade in the Cyberstates 2007

Data are for 2006.

Published by AeA, Advancing the Business of Technology (www.aeanet.org)

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AeA, the nation’s largest technology trade association with 2,500 member companies representing all segments of the high-tech industry, is dedicated solely to helping our members’ top line and bottom line. We do this in partnership with our small, medium, and large member companies by lobbying governments at the state, federal, and international levels, providing access to capital and business opportunities, and offering select business services and networking programs. For more information, please visit http://www.aeanet.org.

This page was last updated on 07/18/07.  
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