Fathom built its proprietary RiCArdo database and dashboard tool to house this wealth of data, with calculations on high-tech export shares, global market shares and revealed comparative advantage (RCA), from 2001 onward in relation to more than 200 countries, regions or territories as well as China. The dashboard also allows the user to rank each of these countries and regions by, for example, their market share in each of the nine industries, mapping the distribution of high-tech expertise around the globe.
Fathom presented its findings and handed over the tool to the client in early 2018, six months after we began the project. We now update the dataset and analysis on an annual basis; and the unique insights they provide enhance Fathom’s wider research and consultancy output. Fathom’s research clients benefit from this work through our regular cycle of research notes, although direct access to the underlying dataset and dashboard remains restricted to RiCArdo subscribers. To subscribe, please contact us.
Thanks to Fathom’s work, the client gained the ability to assess with greater accuracy and detail how China has been increasing its global market share in high-tech sectors, as well as its degree of specialisation. A key takeaway from the tool was that:
- China has advanced in each sector
- The US has lost out in all but one
However, the tool also showed that much of China’s progress predated MIC 2025, which was launched in 2015. In recent years China has made only limited progress in increasing high-tech exports as a share of its total goods exports, and still lags well behind Japan, Germany and the US on this measure. In summary, China’s progress has waned but its ambitions have not.