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GROWTH IN U.S. ELECTRONICS EXPORTS CONTINUES DESPITE WEAKNESS IN WORLD ECONOMIES, EIA REPORTS

 GROWTH IN U.S. ELECTRONICS EXPORTS CONTINUES
 DESPITE WEAKNESS IN WORLD ECONOMIES, EIA REPORTS
 /ADVANCE/ WASHINGTON, Aug. 26 /PRNewswire/ -- The Electronic Industries Association (EIA) announced today that U.S. exports of electronics products reached nearly $38 billion for the first half of 1992, representing a growth rate of nearly 4 percent over last year's record exports of $36.5 billion during the same period.
 Imports of foreign electronics reached $40.5 billion in the first half of 1992, or 13.3 percent, over last year's first half imports of $36 billion.
 The trade balance in electronics reflects a deficit of approximately $2.6 billion.
 In announcing the trade statistics, EIA President Peter F. McCloskey stated: "Despite the weak economies in Europe and Asia, our exports are growing at a respectable rate. The substantial growth in dollar value of imports results from an improving U.S. economy coupled with a record low U.S. dollar.
 For more than 68 years, the Electronic Industries Association has been the national trade organization representing U.S. electronics manufacturers. Committed to the competitiveness of the American producer, EIA represents the entire spectrum of companies involved in the manufacture of electronic components, parts, systems and equipment for communications, industrial, government and consumer-end uses.
 Preliminary
 U.S. Electronics Trade
 First Half 1992
 (millions of dollars)
 Imports Exports
 Pct. Pct.
 1992 1991 change 1992 1991 change
 Electron tubes 315 239 31.8 328 325 0.9
 Passive
 Components 4,271 4,372 (2.3) 2,853 2,826 1.0
 Solid State
 Products 7,406 6,292 17.7 7,684 7,328 4.9
 Consumer
 Electronics 6,963 5,886 18.3 1,477 1,233 19.8
 Telecommunications 3,863 3,438 12.4 4,007 3,642 10.0
 Other
 Communications(A) 538 500 7.6 1,221 1,275 (4.2)
 Computers
 & Peripherals 14,495 12,417 16.7 14,877 14,618 1.8
 Industrial
 Electronics 1,525 1,485 2.7 3,736 3,737 0.0
 Electromedical
 Equipment 1,075 1,081 (0.6) 1,674 1,492 12.2
 Total 40,451 35,710 13.3 37,857 36,476 3.8
 Balance of Trade
 1992 1991 Pct. Change
 Electron Tubes 13 86 n/m
 Passive
 Components (1,418) (1,546) (8.3)
 Solid State
 Products 278 1,036 (73.2)
 Consumer
 Electronics (5,486) (4,653) 17.9
 Telecommunications 144 204 n/m
 Other Communications(A) 683 775 (11.9)
 Computers
 & Peripherals 382 2,201 (82.6)
 Industrial
 Electronics 2,211 2,252 (1.8)
 Electromedical
 Equipment 599 411 45.7
 Total (2,594) 766 n/m
 Source: U.S. Department of Commerce. Compiled by EIA Marketing
 Services Department.
 (A) Includes specialized defense communications devices.
 n/m -- Not meaningful
 -0- 8/26/92/0600
 /CONTACT: Mark V. Rosenker, vice president, public affairs, Electronic Industries Association, 202-457-4980/ CO: Electronic Industries Association ST: District of Columbia IN: CPR SU: ECO


TW -- DC021 -- 3180 08/25/92 16:53 EDT
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