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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.
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