New York, June 20: US technology exports fell 26 per cent from 2000 to 2002, a $67 billion decline during a period that also saw China replace Japan and Mexico as the largest supplier of electronics to the United States, the American Electronics Association has announced. High-tech goods exported from the United States fell from $223 billion in 2000 to $166 billion in 2003. The findings echoed a report released by the same Washington, D.C.-based trade association earlier this year that noted a 10 percent drop in U.S.-based high-tech employment.
“Clearly, the worldwide economic downturn is taking a toll on the technology industry,'' said association president, William T. Archey.

US imports from China increased by $54 billion, or 32 per cent, between 2000 and 2002, surpassing imports from Japan and Mexico in 2002.
US technology services sold abroad through affiliates totaled $95 billion in 2000, compared to $37 billion sold in the U S through foreign subsidiaries, resulting in a $58 billion surplus. Bureau Report