{"id":448795,"date":"2025-09-24T21:00:29","date_gmt":"2025-09-24T21:00:29","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/448795\/"},"modified":"2025-09-24T21:00:29","modified_gmt":"2025-09-24T21:00:29","slug":"eu-high-tech-trade-back-to-a-surplus-in-2024-news-articles","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/448795\/","title":{"rendered":"EU high-tech trade back to a surplus in 2024 – News articles"},"content":{"rendered":"

In 2024, the EU<\/a>\u00a0imported<\/a> \u20ac478 billion worth of high-tech products, indicating a small decrease of 0.2% compared with 2023, while exports<\/a> reached \u20ac501 billion, up by 8.1% from 2023. The extra-EU trade balance in high-tech products went from a deficit of \u20ac15 billion in 2023 to a surplus of \u20ac23 billion in 2024, after 4 consecutive trade deficit years.\u00a0<\/p>\n

More than half of the EU\u2019s high-tech imports in 2024 came from China (30%; \u20ac141 billion) and the United States (23%; \u20ac111 billion), with other top trading partners being Switzerland (6%; \u20ac31 billion) and Taiwan (6%; \u20ac26 billion), followed by Vietnam (5%; \u20ac24 billion) and the United Kingdom (4%; \u20ac21 billion).\u00a0<\/p>\n

Electronics-telecommunications accounted for the largest share of high-tech imports from non-EU countries (36%), for which China was the largest trading partner. Computers and office machines represented 18% of imports from non-EU countries, and pharmacy products 15%, mostly coming from China and the United States, respectively.\u00a0<\/p>\n

\"EU<\/a><\/p>\n

Source dataset: DS-018995<\/a>; \u00a0Eurostat extraction<\/a><\/p>\n

Electronics-telecommunications made up the largest share of imports from Vietnam (60% of high-tech imports from Vietnam; \u20ac14 billion), China (53%; \u20ac75 billion) and Taiwan (52%; \u20ac14 billion).<\/p>\n

For Switzerland, the largest category was pharmacy (70% of high-tech imports from Switzerland; \u20ac22 billion).\u00a0<\/p>\n

For the United States (36%; \u20ac39 billion) and the United Kingdom (31%; \u20ac7 billion), the largest category was aerospace.<\/p>\n

Pharmaceuticals represented 33% of EU high-tech exports<\/p>\n

In 2024, the United States was the top trading partner (31%; \u20ac156 billion) for high-tech exports to non-EU countries. China followed (10%; \u20ac49 billion), ahead of the United Kingdom (10%; \u20ac48 billion), Switzerland (6%; \u20ac29 billion), Japan and T\u00fcrkiye (each 3%; \u20ac15 billion and \u20ac14 billion, respectively).<\/p>\n

Pharmaceuticals made up the largest share (33%) of overall high-tech exports to non-EU countries, with the United States being the top trading partner. Electronics-telecommunications (19%) and aerospace (18%) followed, with China and the United States as the leading partners in these sectors, respectively.\u00a0<\/p>\n

\"EU<\/a><\/p>\n

Source dataset: DS-018995<\/a>; \u00a0Eurostat extraction<\/a><\/p>\n

Pharmaceuticals led the high-tech exports for the United States (54% of high-tech exports; \u20ac84 billion), Switzerland (51%; \u20ac15 billion) and Japan (35%; \u20ac5 billion).<\/p>\n

The largest exported category for China (32% of high-tech exports; \u20ac15 billion) was electronics-telecommunications, while for the United Kingdom (22%; \u20ac10 billion) and T\u00fcrkiye (37%; \u20ac5 billion) it was aerospace.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"In 2024, the EU\u00a0imported \u20ac478 billion worth of high-tech products, indicating a small decrease of 0.2% compared with…\n","protected":false},"author":2,"featured_media":448796,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3090],"tags":[51,64410,1700,111240,3058,16,15],"class_list":{"0":"post-448795","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-data-driven-news","10":"tag-economy","11":"tag-ext","12":"tag-international-trade","13":"tag-uk","14":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/115261291087202703","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/448795","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=448795"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/448795\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/448796"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=448795"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=448795"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=448795"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}