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High-technology exports in current prices

(US dollars)

In 2017, high-technology exports in Latvia was 1,333 million US dollars. In the ranking by high-technology exports including 119 countries, Latvia has the 79th rank that is close to the positions of such countries as Kyrgyzstan and the Slovakia. Compared to Australia which at the top of the ranking with high-technology exports of 4,322 million US dollars in 2017, Latvia has 69.15 % percent lower high-technology exports.

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What is high-technology exports?

High-technology exports are products with high R&D intensity, such as in aerospace, computers, pharmaceuticals, scientific instruments, and electrical machinery. Data are in current U.S. dollars.