Between 2010 and 2020 these exports elevated from EUR 216 billion to EUR 341billion, equal to an annual common development fee of 4.7 %. Among the highest six partners exports to the United States increased the most in absolute terms, from EUR 38 billion to EUR 89 billion, while China with 9.1 % had the highest average annual development rate . For four of the six prime partners, the most important category in EU imports of excessive-tech products was electronics-telecommunications in 2020 . Only for Switzerland and the United States a special category was the most important. Both the United States and China had been the top companions in four classes, whereas the United Kingdom was the primary companion within the chemistry category. Figure 5 shows the top 20 partners from which the EU imported excessive-tech merchandise.
As a outcome, we are capable of show you the product categories which are getting more and more well-liked this year. If you’re not sure concerning the monetary potential of this or that class, you possibly can all the time check it with our free niche research device.
Figure 9 reveals the highest 20 partners to which the EU exports excessive-tech merchandise in 2020. In 2020 over a quarter of the EU exports of high-tech products to non EU countries went to the United States (26 %) adopted at a long way by China (12 %) and the United Kingdom (10 %).
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For China, the United Kingdom and Russia it was electronics-telecommunication. In six classes the United States was the largest export vacation spot for EU exports. A totally different prime associate was only seen in electronics-telecommunication , computers workplace machines and electrical equipment .