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Contact: Sandie Schmidt, (480) 607-0233
Sandie_Schmidt@aeanet.org


Arizona’s High-Tech Exports Rank 6th in Nation
Arizona Ranks 3rd in Semiconductor Exports, 4th in Tech Export Concentration

Scottsdale, AZ (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.

High-tech goods exports from Arizona totaled $8.7 billion 2007, the sixth highest total in the nation in 2007. Semiconductor exports totaled $4.1 billion. Though these exports were down in 2007, semiconductors comprised almost half of all tech exports from Arizona and around one fifth of the state's total exports.

"High-tech exports are vital to Arizona’s economy, particularly in semiconductors," said Bob Brilon, Interim Executive Director of the Arizona Council of AeA. "Forty-five percent of all exports from the Grand Canyon state are high tech. We need to remember that this $8.7 billion in exports supports over 36,000 Arizona jobs. Our leaders in Washington need to keep working to open new foreign markets for U.S. high-tech exports."

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 Arizona?

  • $8.7 billion in high-tech exports (6th ranked cyberstate)
     
  • Down $35 million in tech exports between 2006 and 2007
     
  • 45 percent of exports from Arizona are tech exports (ranked 4th)
     
  • 36,400 jobs in Arizona are supported by tech exports

Arizona’s Leading Tech Export Destinations:

  • $1.7 billion in tech exports to Mexico
     
  • $912 million in tech exports to China
     
  • $883 million in tech exports to Singapore

Arizona’s Leading Tech Export Sectors:

  • 3rd in semiconductor exports at $4.1 billion
     
  • 5th in industrial electronics exports at $1.7 billion
     
  • 7th in electronic components exports at $721 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 09/15/08.  
Copyright © 2007 American Electronics Association.  All rights reserved.aea logo

 

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