Washington State’s Tech Exports increase for 6th Consecutive Year

TechAmerica released its annual report detailing state trends in the international trade of high-tech goods today. Trade in the Cyberstates 2009: A State-by-State Overview of High-Tech International Trade includes statistics and trend data for all 50 states, the District of Columbia and Puerto Rico.

Highlights in the report for Washington State include a sixth consecutive year of growth in tech exports and a top-five ranking in the export of consumer electronics. High-tech exports from Washington State grew by $153 Million, or five percent, from 2007 to 2008. Washington’s tech exports have grown steadily every year since 2002, increasing by 66 percent from 2002 to 2008. Washington ranked fifth nationwide for consumer electronics exports, which totaled $320 Million.

Nationally, Trade in the Cyberstates 2009 shows that U.S. high-tech goods exports rose by one percent in 2008, reaching $223 billion, representing 17 percent of all U.S. exports to the world. High-tech imports were down by less than one percent, totaling $336 billion in 2008, resulting in a slight improvement in the high-tech trade deficit, which stands at $114 billion. High-tech exports supported 1,158,000 jobs in the United States.

Interesting fact – Washington’s Leading Tech Export Destinations:

  • $534 million in tech exports to Canada
  • $301 million in tech exports to Taiwan
  • $291 million in tech exports to the Netherlands