Ranking of High-tech exports from the EU by type of product

Ranking of High-tech exports from the EU by type of product - Portugal Business News

Tech News Europe - High-tech exports from the EU registered a surplus of 23 billion euros in 2024, with exports reaching 501 billion euros, that is an export growth of 8.1% compared to 2023. Here are the EU’s main export markets for high-tech products and the ranking by type of product, according to Eurostat:

1 - Ranking of High-tech exports from the EU by type of product:

1 - Pharmaceutical Products

United States, Switzerland and Japan are the No. 1 export markets for Pharmaceutical Products from Europe.

2 - Electronics and Communication products

China is the No. 1 export markets for Electronics and Communication products from Europe.

3 - Aerospace sector products

The United Kingdom and Türkiye are the No. 1 export markets for Aerospace sector products from Europe.

2 - Here are the EU’s main export markets and export value for high-tech products by type of product:

1 – United States

The United States ranks No. 1 export market for high-tech products from Europe in 2024, with a total export value of 156 billion euros.

Here are the Top 3 main types of products Europe exported to the US in 2024:

1 – Pharmaceutical products

Europe exported a total market value of 84 billion euros of Pharmaceutical products to the US in 2024.

2 – Aerospace sector products

Europe exported a total market value of 23 billion euros of Aerospace sector products to the US in 2024.

3 - Scientific Instruments

Europe exported a total market value of 20 billion euros of Scientific Instruments to the US in 2024.

2 – China

China ranks 2nd export market for high-tech products from Europe in 2024, with a total export value of 49 billion euros.

Here are the Top 3 main types of products Europe exported to China in 2024:

1 – Electronics and Communication products

Europe exported a total market value of 15 billion euros of Electronics and Communication products to China in 2024.

2 – Scientific Instruments

Europe exported a total market value of 10 billion euros of Scientific Instruments to China in 2024.

3 - Pharmaceutical products

Europe exported a total market value of 9 billion euros of Pharmaceutical products to China in 2024.

3 – United Kingdom

The United Kingdom ranks 3rd export market for high-tech products from Europe in 2024, with a total export value of 48 billion euros.

Here are the Top 3 main types of products Europe exported to the UK in 2024:

1 – Electronics and Communication products

Europe exported a total market value of 10 billion euros of Electronics and Communication products to the United Kingdom  in 2024.

2 – Pharmaceutical products

Europe exported a total market value of 10 billion euros of Pharmaceutical products to the United Kingdom in 2024.

3 - Aerospace sector products

Europe exported a total market value of 10 billion euros of Aerospace sector products to the United Kingdom in 2024.

4 – Switzerland

Switzerland ranks 4th export market for high-tech products from Europe in 2024, with a total export value of 29 billion euros.

Here are the Top 3 main types of products Europe exported to the Switzerland in 2024:

 

1 – Pharmaceutical products

Europe exported a total market value of 15 billion euros of Pharmaceutical products to Switzerland in 2024.

2 – Electronics and Communication products

Europe exported a total market value of 5 billion euros of Electronics and Communication products to Switzerland in 2024.

3 - Scientific Instruments

Europe exported a total market value of 3 billion euros of Scientific Instruments to Switzerland in 2024.

5 – Japan

Japan ranks 5th export market for high-tech products from Europe in 2024, with a total export value of 15 billion euros.

Here are the Top 3 main types of products Europe exported to the Japan in 2024:

 

1 – Pharmaceutical products

Europe exported a total market value of 5 billion euros of Pharmaceutical products to Japan in 2024.

2 – Scientific Instruments

Europe exported a total market value of 3 billion euros of Scientific Instruments to Japan in 2024.

3 - Electronics and Communication products

Europe exported a total market value of 2 billion euros of Electronics and Communication products to Japan in 2024.

6 – Türkiye

Türkiye ranks 6th export market for high-tech products from Europe in 2024, with a total export value of 14 billion euros.

Here are the Top 3 main types of products Europe exported to the Türkiye in 2024:

1 – Aerospace sector products

Europe exported a total market value of 5 billion euros of Aerospace sector products to Türkiye in 2024.

2 – Electronics and Communication products

Europe exported a total market value of 3 billion euros of Electronics and Communication products to Türkiye in 2024.

3 - Pharmaceutical products

Europe exported a total market value of 2 billion euros of Pharmaceutical products to Türkiye in 2024.