Washington High-Tech Exports Up $43 Million in 2007
Total High-Tech Exports from Washington Reach $3.0 Billion

Lynnwood, WA  (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 from Washington grew by $43 million from 2006 to 2007. Washington's tech exports grew steadily every year since 2002, increasing by 27 percent from 2001 to 2007. Washington ranked 6th nationwide for consumer electronics exports, which have increased 26 percent since 2001.

"When most people think of Washington’s high-tech economy they think of one thing: software," said J.D. Hammerly, President of The Glarus Group and Chairman of the AeA Washington Council. "But tech manufacturing exports from Washington have been steadily growing for five straight years.”

Barbara Hulit, President of Fluke Corporation in Everett added: “Manufacturing exports support 12,400 jobs in the state and thus play an important role in our continued economic growth. It is the responsibility of Washington policymakers to continue to ensure that the Evergreen State is a business friendly environment and that they press Congress and the Administration to work together to expand market opportunities abroad."

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 Washington?

• $3.0 billion in high-tech exports (20th ranked cyberstate)
   
• Up $43 million in tech exports between 2006 and 2007
   
• Five percent of exports from Washington are tech exports (45th ranked cyberstate)
   
• 12,400 jobs in Washington are supported by tech exports

Washington’s Leading Tech Export Destinations:

• $540 million in tech exports to Canada
   
• $286 million in tech exports to the Netherlands
   
• $255 million in tech exports to the Taiwan

Washington’s Leading Tech Export Sectors:

• 6th in consumer electronics exports at $269 million
   
• 13th in electromedical equipment exports at $344 million
   
• 14th in industrial electronics exports at $794 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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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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