Washington Exports $3.0 Billion in Tech Goods
Washington's Tech Exports Up 7 Percent in 2006

Redmond, WA (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.

Tech exports from Washington totaled $3.0 billion in 2006, up 7 percent from $2.8 billion in 2005.  Except 2002, Washington's tech exports grew every year since 2000,  jumping by $711 million between 2000 and 2006. 

"Tech exports from Washington have remained strong over the past six years," said Russell Ervin, CEO/Partner of Enpria, Inc.  "These exports represent an important part of the Evergreen State's economy, directly employing thousands of Washingtonians.  Policymakers need to be aware of this and need to make sure that we are doing all we can to expand opportunities abroad."

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 Washington?

• $3.0 billion in high-tech exports (18^th  ranked cyberstate)
   
• Up $197 million in tech exports between 2005 and 2006
   
• 6 percent of exports from Washington are tech exports (ranked 41^st)
   
• 12,100 jobs in Washington are directly supported by tech exports

Washington’s Leading Tech Export Destinations:

• $547 million in tech exports to Canada
   
• $309 million in tech exports to Taiwan
   
• $266 million in tech exports to the Netherlands

Washington’s Leading Tech Export Sectors:

• 15^th in industrial electronics exports at $710 million
   
• 17^th in computers and peripheral equipment exports at $625 million
   
• 17^th in semiconductor exports at $486 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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