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Industry Reports & Surveys >> Competitiveness Series

Opening Trade with Central and South America
This Region Is a Leading Destination for U.S. High-Tech Exports

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Read the Supplemental Reports:

Free Trade Colombia
Free Trade Panama
Free Trade Peru

Highlights of What's Inside...
  • In 2006, the United States exported $17.1 billion of high-technology products to the countries of Central and South America; combined, this makes the region one of the largest destinations for U.S. tech exports. While it pales in comparison to the European Union, Exports to Central and South America are still greater than to the individual countries of China and Japan.
  • Between 2005 and 2006, U.S. high-tech exports to Central and South America rose by 20 percent.
  • High-tech imports from Central and South America declined by $200 million between 2005 and 2006, from $3.3 billion to $3.1 billion.
  • For the United States, this balance has resulted in a $14 billion surplus in high-tech merchandise trade with Central and South America, nearly 25 percent larger than it was in 2000.
  • These are our southern neighbors with whom we have always tried to extend strong economic ties. The United States should continue to pursue all bilateral and multilateral means at its disposal to promote free markets and trade with this region of the world that is strategically and geopolitically vital to U.S. interests.

We are delighted to bring you the 16th regular installment of the AeA Competitiveness Series.  The AeA research team produces these reports on the most timely and relevant issues to the high-tech industry and to U.S. competitiveness in a global economy.  We combine rigorous data with careful analysis to provide industry leaders and policymakers the information they need to assess the issue.

The writers of this publication can be reached for questions or comments:

Matthew Kazmierczak
Vice President, Research and Industry Analysis
202.682.4438
matthew_kazmierczak@aeanet.org

Josh James
Senior Manager, Research and Industry Analysis
202.682.4422
josh_james@aeanet.org
 

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North Building, Suite 600
Washington, DC 20004
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This page was last updated on 06/12/07.  
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