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Catalan high-tech exports grew by 3.3% during the third quarter of 2017
- High-tech product exports totalled 1,651.8 million euros
- Medium-high level technological products surpassed 7,595 million euros
Catalan high technology product exports totalled 1,651.8 million euros in the third quarter of 2017, according to data published recently in a statement by the Institut d’Estadística de Catalunya (the Statistical Institute of Catalonia – Idescat). This figure represents a year-on-year increase of 3.3% and is mainly due to increased sales of computer, electronic and optical products (24.4%). In geographical terms, the growth of high tech sales has been similar, with 3.3% in the European Union and 3.2% in the rest of the world.
It is also worth noting that the sales of industrial products of a medium-high level amounted to 7,595.6 million euros and saw a 3.7% year-on-year increase in the third quarter of last year, which was mainly due to the increase in sales of chemical products (7.0%). Sales in the European Union increased by 3.4% and those of the rest of the world, by 4.5%.
Furthermore, medium-low level product exports, with a value of 2,511.8 million euros, increased the most with respect to the same quarter of the previous year (27.8%). Exports to countries outside the European Union increased by 40.6%, which was much higher than the figure for exports to the European Union (21.5%).
Finally, exports of low-tech products totalled 4,379.2 million euros, an increase of 3.5% when compared to the third quarter of 2016. This increase was motivated by an increase in sales to the EU (4.9%), while sales to the rest of the world remained fairly stable (0.7%).
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