China's share of global exports in medium-high technology products rose dramatically from 3.9% in 1995 to 12.8% in 2008, while the EU's share stagnated and Japan's and the US's shares declined over the same period. The US trade deficit in advanced technology products has widened, indicating that a historical US economic strength is becoming a major weakness.

1. Huge Chinese Inroads in Tech Trade
 China´s share of global exports in „medium high“ technology products rose from 3.9% in 1995 to
12.8% in 2008, reports the National Science Foundation
 The EU´s share stagnated at around 24% from 1995 to 2008, Japan´s declined from 21.7% to 15.2%,
the US´s slid from 17.3% to 14.1%
US Trade Gap Widens in Advanced Technology
„A long-time strength of the U.S. economy is fast becoming a major weakness“
Alan Tonelson, research fellow for the
U.S. Business & Industrial Council Educational Foundation 30 Global Exports of Hi Tech
Products - 1995-2008
09/08 11/08 01/09 03/09 05/09 07/09 09/09 11/09
20
1,9
EU
2,6
3,6
4,4
U.S.
10
6,0
6,6
China Japan
7,4
!
8,3
Source: NSF
Source: US Census Bureau
Billions of Dollars 95 2000 2005 2010
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