In 2021, high-tech products represented 19% of total EU imports and 18% of total exports

Europa International trade and production of high-tech products (2021)

The importance of high-tech products in the EU economy is reflected in imports and exports. In 2021, high-tech products represented 19% of total EU imports and 18% of total exports; this reflects the continued importance of innovation in the EU economy. High-tech products are often at the cutting edge of innovation. The EU economy is reliant on both imports and exports of these products. The high-tech sector is an essential driver of growth and jobs in the EU, and the EU must continue to invest in innovation. The high-tech share of EU imports and exports reflects the sector's importance to the EU economy. The EU must continue to support innovation to maintain its competitiveness.