Import product concentration index in Somalia

Somalia: Import product concentration index was 0.2557 in 2011. ▼ Falling

Latest (2011)
0.2557
Change on year
up 14.3%
World rank
3rd
of 53 countries
All-time high
0.3204
in 1998
All-time low
0.1612
in 2007
Years of data
17
1995–2011

Import product concentration index in Somalia, 1995–2011

00.10.20.31995200320111995: 0.2441996: 0.311997: 0.2951998: 0.321999: 0.2152000: 0.1962001: 0.2042002: 0.1972003: 0.1852004: 0.1752005: 0.1652006: 0.1812007: 0.1612008: 0.1692009: 0.1762010: 0.2242011: 0.256

Source: UNCTAD Statistical Office, also reported in the UNCTAD Handbook of Statistics, various issues (http://unctadstat.unctad.org/).

Analysis

In 2011, import product concentration index in Somalia stood at 0.2557.

That represents a change of up 14.3% on the previous year and up 25.1% over ten years.

Over the whole period, import product concentration index in Somalia peaked at 0.3204 in 1998 and was at its lowest, 0.1612, in 2007.

That places Somalia 3rd out of 53 countries with data for 2011, putting it in the top 10%.

The long-run direction has been consistently falling across the 17 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.2771 0.2152 0.3204 5
2000s 0.1808 0.1612 0.2044 10
2010s 0.2397 0.2237 0.2557 2

Countries ranked near Somalia

  1. 1 Liberia 0.8559 compare
  2. 2 Sierra Leone 0.3664 compare
  3. 4 Namibia 0.2542 compare
  4. 5 Seychelles 0.2454 compare
  5. 6 Cote d'Ivoire 0.2407 compare

See the full ranking of 55 places →

More trade data for Somalia

All data for Somalia →

Frequently asked questions

What is import product concentration index in Somalia?
Import product concentration index in Somalia was 0.2557 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 import product concentration index recorded in Somalia?
The highest recorded value was 0.3204 in 1998.
What is the lowest import product concentration index recorded in Somalia?
The lowest recorded value was 0.1612 in 2007.
How does Somalia rank for import product concentration index?
Somalia ranks 3rd out of 53 countries with data for 2011.
Is import product concentration index rising or falling in Somalia?
Over the last ten years it is up 25.1%. The long-run trend across the full record is falling.
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 Import 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

Indicator
Import product concentration 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

This indicator reflects the Herfindahl-Hirschmann index measure of the degree of import 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 imports are concentrated in fewer sectors. On the contrary, values closer to 0 reflect a more equal distribution of market shares among importers. 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 importers look more concentrated.