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Technology

Industry Summary

The high technology industry, often referred to as the "high-tech" sector, encompasses a broad range of businesses and products that leverage advanced scientific and technological knowledge for the development, production, and distribution of innovative goods and services.

Total Consignees
3,420
Total Shippers
3,207
Total BLS
905,109

Industry Details

While the high technology industry is often associated with intangible products and services, it also involves a significant physical commodity perspective, especially in the production of hardware, electronic components, and devices. Here are key elements of the high technology industry from a physical commodity standpoint. In fact, top 5 leading commodity groups in TEU volume are 1. Display Screens and Projectors (310,909 TEU) 2. Printed Electric Circuits & Switches (266,270 TEU) 3. Headsets, Mics & Sound emitters (148,651 TEU) 4. Data Processing Systems (146,619 TEU) 5. Metrology & Computing Instruments (136,184 TEU) The leading markets within the manufacturing are All other (with 23.7%), China (with 56.4%), Vietnam (with 6.2%), Taiwan (with 6.2%), Germany (with 4.6%), South Korea (with 2.9%)