DEFINITION
Advanced Technology Products (ATP)

About 500 of some 22,000 commodity classification codes used in reporting U.S. merchandise trade are identified as "advanced technology" codes and they meet the following criteria:

  • The code contains products whose technology is from a recognized high technology field (e.g.), biotechnology).
  • These products represent leading edge technology in that field.
  • Such products constitute a significant part of all items covered in the selected classification code.

This product and commodity-based measure of advanced technology differs from broader NAICS industry-based measures which include all goods produced by a particular industry group, regardless of the level of technology embodied in the goods. ATP classifications are assigned by the Foreign Trade Division of the U.S. Census Bureau.

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