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April 2, 1989

THE US COMPUTER INDUSTRY RECORDED TRADE SURPLUS IN 1988

By CBR Staff Writer

The US computer industry recorded a $3,050m trade surplus in 1988, which was a 60% improvement on its performance in 1987, according to figures compiled and published by the Computer & Business Equipment Manufacturers Association: exports rose 25.7% to $26,180m and imports rose 22.2% to $23,140m – but needless to say there was a deficit with the Far East, and it widened 17% to $12,120m – US imports from the region were $18,480m, 80% of all imports; against Europe, US firms exported $12,600m of computer goods, imports were just $2,550m; the figures quirkily combine Mexico and Canada to show US exports of $4,300m, and imports of $1,970m.

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