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SubscribeJuly 17, 2007 10:17 AM
Tech exports grow, but Washington not a large player
Posted by Kristi Heim
Technology exports from Washington state grew 7 percent last year, totalling $3 billion, according to the trade association AeA.
Interestingly, Washington's high tech exports did not match the growth of the same goods nationally. U.S. high tech exports grew by 10 percent in 2006 for a total of $220 billion. The growing trade gap was also apparent in this category: as a country, the U.S. imported $322 billion in high tech goods last year, up 9 percent from 2005.
Also surprising was that Washington, a trade dependent state with a vibrant tech industry, ranked only 18th among states in the dollar value of tech exports. Only 6 percent of overall exports from Washington were considered tech related, landing the state in 41st place on that list.
So just what are we selling abroad? Industrial electronics, computers and peripheral equipment and semiconductors. The leading destinations were Canada, Taiwan and the Netherlands. Details of the AeA report are here.
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