ARLINGTON, Va.-United States exports of telecommunications equipment grew to $16.3 billion in 1995, an increase of 26 percent from 1994, reported the Telecommunications Industry Association.
The top two export markets for the year were Canada at $1.9 billion, up 22 percent, and Japan at $1.8 billion, an increase of 25 percent, based on figures from the U.S. Department of Commerce. Emerging markets represented four of the top 10 largest export markets, accounting for 21 percent of total exports, TIA said.
“Deregulation and the desire of countries worldwide to modernize their telecom infrastructure offer U.S. manufacturers a tremendous opportunity,” said Matthew Flanigan, president of TIA. “U.S. products are recognized as superior in quality and technology.”
Among the emerging markets, exports to Hong Kong jumped 119 percent in 1995 to $890 million, making it the fastest-growing export market for the year, TIA said.
The next fastest-growing market was China, with exports up 36 percent to $870 million. TIA said the opening of the Chinese market has accounted for a substantial rise in U.S. telecom exports to the region.
Two of the larger sectors of telecom exports in 1995 were modems, up 44 percent, to $744 million, and radio transceivers, up 35 percent, to $1 billion.
