Export product diversification index in Burkina Faso
Burkina Faso: Export product diversification index was 0.8081 in 2011. ▬ Flat
Export product diversification index in Burkina Faso, 1995–2011
Source: UNCTAD Statistical Office, also reported in the UNCTAD Handbook of Statistics, various issues (http://unctadstat.unctad.org/).
Analysis
In 2011, export product diversification index in Burkina Faso stood at 0.8081.
Compared with earlier readings it is down 1.9% on the previous year and up 7.1% over ten years.
Over the whole period, export product diversification index in Burkina Faso peaked at 0.8342 in 2004 and was at its lowest, 0.7431, in 2000.
That places Burkina Faso 12th out of 53 countries with data for 2011, putting it in the top quarter.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.7985 | 0.7814 | 0.8138 | 5 |
| 2000s | 0.7933 | 0.7431 | 0.8342 | 10 |
| 2010s | 0.8158 | 0.8081 | 0.8234 | 2 |
Countries ranked near Burkina Faso
More trade data for Burkina Faso
- Net long-term borrowing 0 BoP, current US$ (2011)
- Pesticides imports 11.51 million FAO, current US$ (2010)
- Food imports excluding fish 229.33 million FAO, current US$ (2010)
- Total agricultural imports 306.86 million FAO, current US$ (2010)
- Cereal imports 101.97 million FAO, current US$ (2010)
- Cereal imports quantity 354,838 FAO, tonnes (2010)
- Total agricultural exports 364.01 million FAO, current US$ (2010)
- Cereal exports 9.59 million FAO, current US$ (2010)
- Cereal exports quantity 34,989 FAO, tonnes (2010)
- Merchandise exports, WB 2.21 billion current US$ (2011)
Frequently asked questions
- What is export product diversification index in Burkina Faso?
- Export product diversification index in Burkina Faso was 0.8081 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 diversification index recorded in Burkina Faso?
- The highest recorded value was 0.8342 in 2004.
- What is the lowest export product diversification index recorded in Burkina Faso?
- The lowest recorded value was 0.7431 in 2000.
- How does Burkina Faso rank for export product diversification index?
- Burkina Faso ranks 12th out of 53 countries with data for 2011.
- Is export product diversification index rising or falling in Burkina Faso?
- Over the last ten years it is up 7.1%. The long-run trend across the full record is flat.
- Where does this Burkina Faso 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 diversification index. Statizoid updates them automatically from the source API.
Download this data
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About this data
The diversification index signals whether the structure of exports by product of a given country or group of countries differ from the structure of product of the world. Diversification index is computed by measuring absolute deviation of the country share from world structure. 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).