Colorado’s Tech Exports Total $4.3 Billion in 2006
Over Half of All Exports from Colorado Are High-Tech Goods

Broomfield, CO (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 Colorado totaled $4.3 billion in 2006, up by $592 million or 16 percent from 2005. Colorado had the 4th highest concentration of tech exports with 55 percent of exports coming from the tech industry. The largest export sector was computer and peripheral equipment at $1.6 billion in 2006.

"High-tech exports are a major contributor to the financial health of the Colorado economy," said Jim Reis, President and CEO of the World Trade Center Denver and a reciprocal AeA Mountain States Council member. "Tech exports in 2006 were up from 2005 and collectively represent the majority of exports from our state. Hopefully, our elected officials will see the link between trade and jobs and the importance of Colorado continuing to be a leader in the field of developing and marketing technology globally. Thousands of high-paying engineering and manufacturing jobs in Colorado are directly supported by tech exports and we need to continue to nurture an educational and business climate that supports high-tech industries."

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 publication 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 Colorado?

• $4.3 billion in high-tech exports (11th ranked cyberstate)
   
• Up $592 million in tech exports between 2005 and 2006
   
• 55 percent of exports from Colorado are tech exports (ranked 4th)
   
• 17,600 jobs in Colorado are directly supported by tech exports

Colorado’s Leading Tech Export Destinations:

• $936 million in tech exports to Canada
   
• $633 million in tech exports to Taiwan
   
• $399 million in tech exports to Mexico

Colorado’s Leading Tech Export Sectors:

• 8th in computers and peripheral equipment exports at $1.6 billion
   
• 11th in semiconductor exports at $1.3 billion
   
• 16th in industrial electronics exports at $694 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 www.aeanet.org.

This page was last updated on 07/16/07.  
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