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

The value for Medium and high-tech exports (% manufactured exports) in Bermuda was 72.32 as of 2019. As the graph below shows, over the past 29 years this indicator reached a maximum value of 72.32 in 2019 and a minimum value of 0.00 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 0.00
1991 0.00
1992 0.00
1993 0.00
1994 0.00
1995 0.00
1996 0.00
1997 0.00
1998 0.00
1999 0.00
2000 0.00
2001 0.00
2002 0.00
2003 0.00
2004 43.65
2005 43.65
2006 43.65
2007 43.65
2008 43.65
2009 43.65
2010 43.65
2011 43.65
2012 43.65
2013 34.19
2014 57.30
2015 24.37
2016 28.59
2017 41.76
2018 63.72
2019 72.32

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