The Bahamas - Medium and high-tech exports (% manufactured exports)

The value for Medium and high-tech exports (% manufactured exports) in The Bahamas was 48.99 as of 2019. As the graph below shows, over the past 29 years this indicator reached a maximum value of 74.61 in 2004 and a minimum value of 18.37 in 1990.

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 18.37
1991 18.37
1992 18.37
1993 18.37
1994 18.37
1995 18.37
1996 18.37
1997 18.37
1998 47.33
1999 53.77
2000 53.55
2001 59.64
2002 65.83
2003 69.67
2004 74.61
2005 65.49
2006 71.39
2007 56.41
2008 56.23
2009 52.33
2010 53.93
2011 62.48
2012 66.94
2013 73.96
2014 67.96
2015 63.23
2016 58.58
2017 58.17
2018 48.99
2019 48.99

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