Hi-tech exports reached 0.740 USD bil in 2017 in Luxembourg, according to World Bank. This is 4.45 % less than in the previous year.
Historically, hi-tech exports in Luxembourg reached an all time high of 1.34 USD bil in 2001 and an all time low of 0.649 USD bil in 2014. When compared to Luxembourg's main peers, hi-tech exports in Belgium amounted to 30.7 USD bil, 98.7 USD bil in France, 172 USD bil in Germany and 63.6 USD bil in Netherlands in 2017.
Luxembourg has been ranked 51st within the group of 129 countries we follow in terms of hi-tech exports, 3 places behind the position seen 10 years ago.
High-technology exports are products with high R&D intensity, such as in aerospace, computers, pharmaceuticals, scientific instruments, and electrical machinery.