New Hampshire’s High-Tech Exports Total $1.1 Billion in 2007
Tech Exports Account for 36 Percent of New Hampshire’s Total Exports

Woburn, MA  (September 23, 2008) – AeA, the nation’s largest technology trade association representing all segments of the high-tech industry, today released its annual report detailing national and state trends in the international trade of high-tech goods. The report, Trade in the Cyberstates 2008: A State-by-State Overview of High-Tech International Trade, covers all 50 states, the District of Columbia, and Puerto Rico.

Tech exports in New Hampshire totaled $1.1 billion in 2007, down $152 million from 2006. Tech exports accounted for 36 percent of the areas total exports, the seventh largest tech export concentration in the nation. The state’s largest tech sector in 2007 was computers and peripheral equipment at $368 million

“The high-tech industry is vital to New Hampshire’s economy,” said Anne Doherty Johnson, Executive Director, AeA New England Council. “Over a third of the state’s exports are high-tech products. These exports support 3,000 New Hampshire jobs. We need to continue expanding markets overseas if we want to grow this high-paying market. Free trade agreements that have been concluded with Colombia, Panama, and South Korea should be passed by Congress and signed into law.”

Nationally, Trade in the Cyberstates 2008 shows that U.S. high-tech goods exports decreased by three percent in 2007, totaling $214 billion, representing 18 percent of all U.S. exports to the world. High-tech imports totaled $333 billion in 2007, up by three percent, resulting in a high-tech trade deficit of $118 billion. High-tech exports supported 894,600 jobs in the United States.

Trade in the Cyberstates 2008 provides a comprehensive review of international trade of high-tech goods at the national and state-by-state level. The report provides overview pages for all 50 states, the District of Columbia, and Puerto Rico. These "snapshot" pages highlight historical high-tech export trends, exports by individual tech sector, and leading export destinations.

This report is a partner publication to AeA's other two annual cyber publications, Cyberstates and Cybercities, which provide data on high-tech jobs, wages, payroll, and other factors at the state and metropolitan levels.

AeA members can purchase each of these reports for $125; non-members for $250. Visit www.aeanet.org/research to purchase the reports.

What Does High-Tech Trade Mean for New Hampshire?

• $1.1 billion in high-tech exports (32nd ranked cyberstate)
   
• Down $152 million in tech exports between 2006 and 2007
   
• 36 percent of exports from New Hampshire are tech exports (7th ranked cyberstate)
   
• 3,000 jobs in New Hampshire are supported by tech exports

New Hampshire’s Leading Tech Export Destinations:

• $158 million in tech exports to Canada
   
• $93 million in tech exports to the United Kingdom
   
• $66 million in tech exports to Japan

New Hampshire’s Leading Tech Export Sectors:

• 24th in computers and peripheral equipment exports at $368 million
   
• 23rd in consumer electronics exports at $54 million
   
• 29th in semiconductors exports at $258 million

Source: Trade in the Cyberstates 2008

Data are for 2007.

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

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About AeA

AeA, the nation’s largest technology trade association 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 09/16/08.  
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