Export product diversification index in Somalia
Somalia: Export product diversification index was 0.7338 in 2011. ▬ Flat
Export product diversification index in Somalia, 1995–2011
Source: UNCTAD Statistical Office, also reported in the UNCTAD Handbook of Statistics, various issues (http://unctadstat.unctad.org/).
Analysis
Somalia recorded 0.7338 for export product diversification index in 2011.
That represents a change of down 4.9% on the previous year and down 5.3% over ten years.
Over the whole period, export product diversification index in Somalia peaked at 0.8454 in 2006 and was at its lowest, 0.7265, in 1998.
That places Somalia 35th out of 53 countries with data for 2011, putting it in the middle of the range.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.7518 | 0.7265 | 0.7877 | 5 |
| 2000s | 0.7942 | 0.7487 | 0.8454 | 10 |
| 2010s | 0.7528 | 0.7338 | 0.7717 | 2 |
Countries ranked near Somalia
More trade data for Somalia
- Net long-term borrowing 0 BoP, current US$ (2011)
- Pesticides imports 1.35 million FAO, current US$ (2010)
- Food imports excluding fish 313.48 million FAO, current US$ (2010)
- Total agricultural imports 376.15 million FAO, current US$ (2010)
- Cereal imports 122.56 million FAO, current US$ (2010)
- Cereal imports quantity 362,697 FAO, tonnes (2010)
- Total agricultural exports 164.75 million FAO, current US$ (2010)
- Cereal exports 3,000 FAO, current US$ (2010)
- Cereal exports quantity 15 FAO, tonnes (2010)
- Agricultural tractors, imports 1.30 million FAO, current US$ (2006)
Frequently asked questions
- What is export product diversification index in Somalia?
- Export product diversification index in Somalia was 0.7338 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 Somalia?
- The highest recorded value was 0.8454 in 2006.
- What is the lowest export product diversification index recorded in Somalia?
- The lowest recorded value was 0.7265 in 1998.
- How does Somalia rank for export product diversification index?
- Somalia ranks 35th out of 53 countries with data for 2011.
- Is export product diversification index rising or falling in Somalia?
- Over the last ten years it is down 5.3%. The long-run trend across the full record is flat.
- Where does this Somalia 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
CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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).