High-technology exports in 2023

Which Mediterranean countries are leading in high-tech exports, involving advanced technological products such as electronics, pharmaceuticals, aerospace, and other cutting-edge industries? The latest data provides a snapshot of how some nations dominate the region's high-tech trade, with the share of high-tech goods in their manufactured exports offering further insight into their economic focus. 

France remains the dominant player, with high-tech exports valued at over $115 billion. These sectors account for nearly a quarter of its total manufactured exports, showcasing the country’s strong technological and industrial foundation. Italy follows with $52 billion in high-tech exports (9.98% of manufactured exports), while Spain exports $25 billion (9.56% of manufactured exports).

 While countries like France lead in export values, several smaller Mediterranean economies are making strides. Greece, for example, is expanding its high-tech export sectors, which make up a significant portion of its total manufactured exports. 

This trend highlights the region’s growing role in shaping the future of technology and international markets, as smaller economies rise to prominence through innovation and specialisation.

Note: Analysis produced by Alma Economics, based on the most recent available World Bank data. Data gaps identified highlight the need to systematically collect quality data to inform decision-making.