Statizoid

Cameroon vs Rwanda: Import product diversification index

Cameroon
0.475
in 2011
Rwanda
0.4729
in 2011
Cameroon rank
35th
Rwanda rank
37th

Import product diversification index over time

  • Cameroon
  • Rwanda
00.20.40.6199520032011

How they compare

Cameroon currently reports 0.475 against 0.4729 in Rwanda, a difference of 0.0021.

The two have swapped places 7 times across 17 shared years of data; in 1995 it was Rwanda ahead.

Cameroon ranks 35th and Rwanda ranks 37th of 53 countries.

Individual pages

About this data

Indicator
Import product diversification 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

The diversification index signals whether the structure of imports by product of a given country or group of countries differ from the structure of product of the world. Diversification index that ranges from 0 to 1 reveals the extent of the differences between the structure of trade of the country or country group and the world average. The index value closer to 1 indicates a bigger difference from the world average. It is constructed as the inverse of a Herfindahl index, using disaggregated exports at 4 digits (following the STIC3). This index is a modified Finger-Kreinin measure of similarity in trade. For more information, please consult the article of Finger, J. M. and M. E. Kreinin (1979), “A measure of ‘export similarity’ and its possible uses” in the Economic Journal , 89: 905-12.