Iceland - Medium and high-tech exports (% manufactured exports)

The value for Medium and high-tech exports (% manufactured exports) in Iceland was 43.41 as of 2019. As the graph below shows, over the past 29 years this indicator reached a maximum value of 59.86 in 2007 and a minimum value of 11.81 in 1991.

Definition: Share of medium and high-tech manufactured exports in total manufactured exports.

Source: United Nations Industrial Development Organization (UNIDO), Competitive Industrial Performance (CIP) database

See also:

Year Value
1990 17.11
1991 11.81
1992 13.60
1993 15.48
1994 19.03
1995 21.91
1996 21.41
1997 22.38
1998 17.11
1999 25.95
2000 25.89
2001 26.79
2002 29.78
2003 28.80
2004 34.88
2005 42.64
2006 43.37
2007 59.86
2008 52.70
2009 51.29
2010 43.72
2011 42.88
2012 40.66
2013 38.60
2014 40.82
2015 36.72
2016 39.47
2017 41.20
2018 34.79
2019 43.41

Development Relevance: Industrial development generally entails a structural transition from resource-based and low technology activities to medium and high-tech industry (MHT) activities. A modern, highly complex production structure offers better opportunities for skills development and technological innovation. MHT activities are also the high value addition industries of manufacturing with higher technological intensity and labor productivity. Increasing the share of MHT sectors also reflects the impact of innovation.

Limitations and Exceptions: Missing values at country level are imputed based on the methodology from Competitive Industrial Performance Report (UNIDO, 2017).

Statistical Concept and Methodology: The data from UN COMTRADE is downloaded in SITC Revision 3, 3-digit, by reporting country, year, partner code, commodity and flow (export and re-export). SITC medium technology: 266, 267, 512, 513, 533, 553, 554, 562, 571, 572, 573, 574, 575, 579, 581, 582, 583, 591, 593, 597, 598, 653, 671, 672, 678, 711, 712,713, 714, 721, 722, 723, 724, 725, 726, 727, 728, 731, 733, 735, 737, 741, 742, 743, 744, 745, 746, 747, 748, 749, 761, 762, 763, 772, 773, 775, 778, 781, 782, 783, 784, 785, 786, 791, 793, 811, 812, 813, 872, 873, 882, 884, 885; SITC high technology: 525, 541, 542, 716, 718, 751, 752, 759, 764, 771, 774, 776, 792, 871, 874, 881, 891. Net-exports are calculated as exports minus re-exports. Manufactured exports, is the sum of the four categories resource-based exports, low-tech exports, medium tech exports and high-tech exports; and medium-high technology exports, is the sum of medium tech exports and high-tech exports. The world value of manufacturing exports is the sum of all manufacturing net exports. For additional information please see Table B.2.1 in Appendix B of UNIDO (2017): http://stat.unido.org/content/publications/volume-i%252c-competitive-industrial-performance-report-2016

Periodicity: Annual

Classification

Topic: Infrastructure Indicators

Sub-Topic: Technology