In 2020, the EU total sold production of high-tech products stood at EUR 311 billion, representing a 7 % decrease compared with 2019. Despite this decrease, sold production of these products had been rising since 2010, with an average annual increase of 2.9 %.
In 2020, the highest contributor in terms of total sold production of high-tech products was the pharmacy sector, where total sold production amounted to EUR 97 billion.
The pharmacy sector was followed by electronics telecommunications (EUR 67 billion), scientific instruments (EUR 55 billion), aerospace (EUR 36 billion), computers and office machines (EUR 17 billion), chemistry (EUR 14 billion), non-electrical machinery (EUR 13 billion), electrical machinery (EUR 9 billion) and armament (EUR 4 billion).
Between 2010 and 2020, pharmacy recorded the highest average annual growth rate for production of high-tech products (+11.7 %). In addition, production of armament rose by 5.7 %, followed by an increase in the production of scientific instruments (+4.4 %), electrical machinery (+3.7 %) and aerospace (+1.2 %).
In contrast, the production of high-tech products fell in chemistry (-0.6 %), computers and office machines (-0.7 %), electronics-telecommunications (-1.3 %) and non-electrical machinery (-3.1 %).
For more information:
Statistics Explained article on Production and international trade in high-tech products
Overview of statistics on manufactured goods (PRODCOM)
Database of statistics on manufactured goods (PRODCOM)
Overview of statistics on international trade in goods
Database of statistics on international trade in goods