US exported $110 bln of IT equipment in 2002

The U.S. exported $110.3 billion worth of IT equipment in 2002, down from an export high of $162.5 billion in 2000. Total IT imports to the U.S. stood at $196.7 billion in 2002, but Cooper attributed much of the $86.7 billion trade deficit to U.S. companies importing parts or products from factories they owned outside the U.S.