Statizoid

Cape Verde vs Guinea: Export product concentration index

Cape Verde
0.469
in 2011
Guinea
0.456
in 2011
Cape Verde rank
23rd
Guinea rank
24th

Export product concentration index over time

  • Cape Verde
  • Guinea
00.20.40.6199520032011

How they compare

Cape Verde currently reports 0.469 against 0.456 in Guinea, a difference of 0.013.

The two have swapped places 1 time across 17 shared years of data; in 1995 it was Guinea ahead.

Cape Verde ranks 23rd and Guinea ranks 24th of 53 countries.

Individual pages

About this data

Indicator
Export product concentration index
Source
UNCTAD Statistical Office, also reported in the UNCTAD Handbook of Statistics, various issues (http://unctadstat.unctad.org/)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
55 places, 935 data points, 1995–2011
Last refreshed

This indicator reflects the Herfindahl-Hirschmann index measure of the degree of export concentration within a country. The sectoral Hirschmann index is defined as the square root of the sum of the squared shares of exports of each industry in total exports for the region under study. Takes a value between 0 and 1, with 1 indicating that only a single product is exported. Higher values indicate that exports are concentrated in fewer sectors. On the contrary, values closer to 0 reflect a more equal distribution of market shares among exporters. Note that this type of concentration indicator tends to be quite vulnerable to cyclical fluctuations in relative-prices, in a way that commodity price rises make commodity exporters look more concentrated.