Export product concentration index in Eritrea
Eritrea: Export product concentration index was 0.9468 in 2011. ◆ Volatile
Export product concentration index in Eritrea, 1995–2011
Source: UNCTAD Statistical Office, also reported in the UNCTAD Handbook of Statistics, various issues (http://unctadstat.unctad.org/).
Analysis
The most recent figure for export product concentration index in Eritrea is 0.9468, measured in 2011. That is the highest value across all 17 years on record.
The figure is up 582.7% on the previous year and up 275.8% over ten years.
Over the whole period, export product concentration index in Eritrea peaked at 0.9468 in 2011 and was at its lowest, 0.1117, in 2006.
That places Eritrea 2nd out of 53 countries with data for 2011, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.4281 | 0.2241 | 0.7218 | 5 |
| 2000s | 0.2385 | 0.1117 | 0.4763 | 10 |
| 2010s | 0.5428 | 0.1387 | 0.9468 | 2 |
Countries ranked near Eritrea
More trade data for Eritrea
- Net long-term borrowing 0 BoP, current US$ (2011)
- Pesticides imports 200,000 FAO, current US$ (2010)
- Food imports excluding fish 95.22 million FAO, current US$ (2010)
- Total agricultural imports 95.52 million FAO, current US$ (2010)
- Cereal imports 59.35 million FAO, current US$ (2010)
- Cereal imports quantity 219,944 FAO, tonnes (2010)
- Total agricultural exports 2.09 million FAO, current US$ (2010)
- Cereal exports 0 FAO, current US$ (2010)
- Cereal exports quantity 0 FAO, tonnes (2010)
- Merchandise exports, WB 13.00 million current US$ (2007)
Frequently asked questions
- What is export product concentration index in Eritrea?
- Export product concentration index in Eritrea was 0.9468 in 2011, according to UNCTAD Statistical Office, also reported in the UNCTAD Handbook of Statistics, various issues (http://unctadstat.unctad.org/).
- What is the highest export product concentration index recorded in Eritrea?
- The highest recorded value was 0.9468 in 2011.
- What is the lowest export product concentration index recorded in Eritrea?
- The lowest recorded value was 0.1117 in 2006.
- How does Eritrea rank for export product concentration index?
- Eritrea ranks 2nd out of 53 countries with data for 2011.
- Is export product concentration index rising or falling in Eritrea?
- Over the last ten years it is up 275.8%. The long-run trend across the full record is volatile.
- Where does this Eritrea data come from?
- The figures come from UNCTAD Statistical Office, also reported in the UNCTAD Handbook of Statistics, various issues (http://unctadstat.unctad.org/), published as part of Export product concentration index. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.