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

The value for Medium and high-tech exports (% manufactured exports) in Barbados was 31.37 as of 2019. As the graph below shows, over the past 29 years this indicator reached a maximum value of 41.90 in 2011 and a minimum value of 27.87 in 2009.

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 36.45
1991 36.45
1992 36.45
1993 38.69
1994 39.03
1995 37.03
1996 30.90
1997 32.73
1998 32.83
1999 34.46
2000 31.97
2001 31.00
2002 30.08
2003 31.90
2004 29.36
2005 30.44
2006 37.14
2007 30.61
2008 28.75
2009 27.87
2010 39.18
2011 41.90
2012 41.75
2013 29.62
2014 33.30
2015 34.16
2016 32.83
2017 30.29
2018 31.37
2019 31.37

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