Oregon High-Tech Exports Total $6.5 Billion in 2007
Oregon Is Ranked 8th in the Nation in High-Tech Exports

Lake Oswego, OR  (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.

The trend of rising high-tech exports that began in 2004 in Oregon was reversed in 2007 and the state experienced a $385 million drop of its high-tech exports compared to 2006. However, with $6.5 billion in high-tech exports in 2007, Oregon remained the 8th largest technology exporter in the nation. The largest export sector, which accounted for more than half of all high-tech exports, remained semiconductors, even though its exports fell by $590 million in 2007.

"Oregon would very much benefit from finalization of the new free trade agreement with South Korea that has been negotiated between the two countries but not yet ratified by Congress,"
said Jennifer Bosze, Executive Director, AeA Oregon Council. "This decline was mostly due to decreased exports of semiconductors and weakened trade with some of our main trading partners, including Malaysia, China, and South Korea. High-tech exports support 33,900 jobs in Oregon. Policymakers in Salem need to ensure that Oregon remains a business friendly environment and leaders in Washington, DC need to continue to work to open new foreign markets."

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 Oregon?

• $6.5 billion in high-tech exports (8th ranked cyberstate)
   
• Down $385 million in tech exports between 2006 and 2007
   
• 39 percent of exports from Oregon are tech exports (6th ranked cyberstate)
   
• 33,900 jobs in Oregon are supported by tech exports

Oregon’s Leading Tech Export Destinations:

• $966 million in tech exports to Malaysia
   
• $876 million in tech exports to China
   
• $679 million in tech exports to South Korea

Oregon’s Leading Tech Export Sectors:

• 4th in semiconductor exports at $3.9 billion
   
• 9th in computers and peripheral equipment exports at $1.2 billion
   
• 12th in industrial electronics exports at $964 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 09/22/08.  
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