Ethiopia vs Lesotho: Export product concentration index
Export product concentration index over time
- Ethiopia
- Lesotho
How they compare
Ethiopia currently reports 0.3612 against 0.3263 in Lesotho, a difference of 0.035.
That makes Ethiopia's figure about 1.1 times Lesotho's.
The two have swapped places 4 times across 17 shared years of data; in 1995 it was Ethiopia ahead.
Ethiopia ranks 33rd and Lesotho ranks 35th of 53 countries.
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About this data
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.