Exports and imports by U.S. IP-intensive industries
This Economic Note considers the foreign trade activities of industries that most intensely use IP
June 2022
Economic Note 101
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In this Economic Note, we complement the results of the USPTO’s recently released Intellectual property and the U.S. economy: Third edition, with a look at the foreign trade activities of U.S. industries that most intensively use IP. We find that these industries accounted for nearly 80% of all commodity exports in 2019 and nearly 85% of services exports in 2017. The aerospace products and parts manufacturing industry was the leading commodity exporter in 2019, accounting for $140 billion, while the software publishing industry was the leading services exporter in 2017, accounting for $43 billion.
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