The United States has the lead in 4 of the 5
high-technology manufacturing
industries and has maintained a 35% share of world revenue of all high-technology manufacturing industries since 2001.
Mouseover legend to highlight data points.
Why is this indicator important?
Policies in many countries reflect beliefs that investment in science and technology (S&T) supports industry's competitiveness in international trade.
The
OECD
has identified 10 industries that have a particularly strong linkage to S&T.
Key Observations
The United States has the highest
value-added revenue
in all high-tech manufacturing sectors except office and computing machinery.
China's share of high-technology manufacturing revenue has more than quadrupled during the past decade. Estimates for 2005 show China accounting for 16% of world value-added revenue, making it the third-ranked country globally.
Japan is ranked second globally in high-technology manufacturing revenue, with 16.1% of world value-added revenue. Its world share in these industries fell sharply from 30% in 1989 to this 2005 estimate.
Related Discussion
High-technology industries are driving growth in manufacturing activity worldwide. Between 1986 and 2005, the growth rate of high-technology industries was more than double the rate of other manufacturing industries (SEI 2008
Chapter 6).
U.S. manufacturing has become more technology-intensive, with the high-technology share of manufacturing industries increasing from 14% in 1990 to 24% in 2005 amidst rising overall manufacturing revenues (SEI 2008
Figures 6-12
and
6-13).