Exports are more important to industry. Moderate export growth is expected. Exports are expected to grow 5 percent annually to the year 2000, with the better opportunities in China, other East Asian countries, and Brazil. The U.S. computer equipment industry controls more than 75 percent of the world computer systems market through global operations, but the United States has had a trade deficit since 1992. The deficit is growing.
Foreign sales are key.
U.S. computer equipment exports grew from 45 percent of shipments in 1989 to 58 percent in 1991. Foreign operations now account for more than half of the total revenues of many leading U.S. suppliers. Exports are rebounding. After averaging 6 percent annual growth from 1989 to 1993, exports should pick up as the result of economic recoveries in Western Europe and Japan and robust growth in the BEMs. Exports are anticipated to grow 8 percent in 1995 and 7 percent annually through the year 2000.