The perception that the United States lags behind other countries, especially Asian nations, in exporting information technology deserves another look, according to a recent market report. The U.S. actually recorded a trade surplus in IT in 2011, partly as the result of international trade agreements, according to the TechAmerica Foundation. The value of U.S. exports in technology goods and services combined amounted to $501 billion in 2011, versus imports valued at $496 billion, for a surplus of $5 billion.
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Trade Agreements Push US IT Export Gains
Posted by: John K. Higgins August 18, 2014 07:15 AMThe perception that the United States lags behind other countries, especially Asian nations, in exporting information technology deserves another look, according to a recent market report. The U.S. actually recorded a trade surplus in IT in 2011, partly as the result of international trade agreements, according to the TechAmerica Foundation. The value of U.S. exports in technology goods and services combined amounted to $501 billion in 2011, versus imports valued at $496 billion, for a surplus of $5 billion.