NAICS Code 334 - Computer and Electronic Product Manufacturing
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Industries in the Computer and Electronic Product Manufacturing subsector group establishments that manufacture computers, computer peripherals, communications equipment, and similar electronic products, and establishments that manufacture components for such products. The Computer and Electronic Product Manufacturing industries have been combined in the hierarchy of NAICS because of the economic significance they have attained. Their rapid growth suggests that they will become even more important to the economies of all three North American countries in the future, and in addition their manufacturing processes are fundamentally different from the manufacturing processes of other machinery and equipment. The design and use of integrated circuits and the application of highly specialized miniaturization technologies are common elements in the production technologies of the computer and electronic subsector. Convergence of technology motivates this NAICS subsector. Digitalization of sound recording, for example, causes both the medium (the compact disc) and the equipment to resemble the technologies for recording, storing, transmitting, and manipulating data. Communications technology and equipment have been converging with computer technology. When technologically-related components are in the same sector, it makes it easier to adjust the classification for future changes, without needing to redefine its basic structure. The creation of the Computer and Electronic Product Manufacturing subsector assists in delineating new and emerging industries because the activities that will serve as the probable sources of new industries, such as computer manufacturing and communications equipment manufacturing, or computers and audio equipment, are brought together. As new activities emerge, they are less likely therefore, to cross the subsector boundaries of the classification.
- 3341 - Computer and Peripheral Equipment Manufacturing
- 3342 - Communications Equipment Manufacturing
- 3343 - Audio and Video Equipment Manufacturing
- 3344 - Semiconductor and Other Electronic Component Manufacturing
- 3345 - Navigational, Measuring, Electromedical, and Control Instruments Manufacturing
- 3346 - Manufacturing and Reproducing Magnetic and Optical Media
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USA Import, Export, and Balance of Trade
Balance of Trade (USD)-$200,174,222,131
Top Countries by U.S. Imports
Top Countries by U.S. Exports
Top Importing States
Top Exporting States
Countries With Highest Trade Surplus
|United Arab Emirates||$3,163,365,133|
Countries With Highest Trade Deficit
U.S. Total Import value for NAICS Code 334 is $413,547,392,008. China, Mexico, and Malaysia accounted for the top imports of Computer & Electronic Products in 2018. States with most imports of Computer & Electronic Products in 2018 were California, Texas, and Illinois.
U.S. Total Export value for this industry is $213,373,169,877. Mexico, Canada, and China accounted for the top exports of Computer & Electronic Products in 2018. States with most exports of Computer & Electronic Products in 2018 were Texas, California, and Florida.
Questions & Answers
How many active businesses operate in NAICS Code 334?
There are 13,518 verified business locations operating primarily in this industry.
What was the total revenue for NAICS Code 334?
In 2017 the total revenue for Computer and Electronic Product Manufacturing was $310,162,157,000
What was the annual payroll for NAICS Code 334?
In 2017 the annual payroll for Computer and Electronic Product Manufacturing was $67,157,524,000
How many people work in NAICS Code 334?
The number of reported paid employees is 819,205.