Export product concentration index in Guinea
Guinea: Export product concentration index was 0.456 in 2011. ▼ Falling
Export product concentration index in Guinea, 1995–2011
Source: UNCTAD Statistical Office, also reported in the UNCTAD Handbook of Statistics, various issues (http://unctadstat.unctad.org/).
Analysis
Guinea recorded 0.456 for export product concentration index in 2011.
Compared with earlier readings it is up 2.0% on the previous year and down 23.5% over ten years.
Over the whole period, export product concentration index in Guinea peaked at 0.6555 in 1996 and was at its lowest, 0.4471, in 2010.
Guinea ranks 24th of 53 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 17 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.601 | 0.5553 | 0.6555 | 5 |
| 2000s | 0.5681 | 0.4565 | 0.6433 | 10 |
| 2010s | 0.4516 | 0.4471 | 0.456 | 2 |
Countries ranked near Guinea
- 21 Mauritania 0.4819 compare
- 22 Liberia 0.4748 compare
- 23 Cape Verde 0.469 compare
- 25 Malawi 0.4489 compare
- 26 Democratic Republic of Congo 0.4301 compare
- 27 Rwanda 0.422 compare
More trade data for Guinea
- Net long-term borrowing 0 BoP, current US$ (2011)
- Pesticides imports 9.00 million FAO, current US$ (2010)
- Food imports excluding fish 374.37 million FAO, current US$ (2010)
- Total agricultural imports 423.82 million FAO, current US$ (2010)
- Cereal imports 148.75 million FAO, current US$ (2010)
- Cereal imports quantity 433,586 FAO, tonnes (2010)
- Total agricultural exports 91.30 million FAO, current US$ (2010)
- Cereal exports 3.75 million FAO, current US$ (2010)
- Cereal exports quantity 10,056 FAO, tonnes (2010)
- Merchandise exports, WB 806.60 million current US$ (2005)
Frequently asked questions
- What is export product concentration index in Guinea?
- Export product concentration index in Guinea was 0.456 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 Guinea?
- The highest recorded value was 0.6555 in 1996.
- What is the lowest export product concentration index recorded in Guinea?
- The lowest recorded value was 0.4471 in 2010.
- How does Guinea rank for export product concentration index?
- Guinea ranks 24th out of 53 countries with data for 2011.
- Is export product concentration index rising or falling in Guinea?
- Over the last ten years it is down 23.5%. The long-run trend across the full record is falling.
- Where does this Guinea 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.