Import product diversification index in Malawi
Malawi: Import product diversification index was 0.5282 in 2011. ▲ Rising
Import product diversification index in Malawi, 1995–2011
Source: UNCTAD Statistical Office, also reported in the UNCTAD Handbook of Statistics, various issues (http://unctadstat.unctad.org/).
Analysis
Malawi recorded 0.5282 for import product diversification index in 2011.
Compared with earlier readings it is up 3.1% on the previous year and up 10.4% over ten years.
Over the whole period, import product diversification index in Malawi peaked at 0.5433 in 2005 and was at its lowest, 0.4583, in 1998.
Malawi ranks 17th of 53 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 17 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.4754 | 0.4583 | 0.5048 | 5 |
| 2000s | 0.5078 | 0.4756 | 0.5433 | 10 |
| 2010s | 0.5203 | 0.5124 | 0.5282 | 2 |
Countries ranked near Malawi
More trade data for Malawi
- Net long-term borrowing -1.20 million BoP, current US$ (2011)
- Pesticides imports 17.88 million FAO, current US$ (2011)
- Food imports excluding fish 274.41 million FAO, current US$ (2010)
- Total agricultural imports 442.79 million FAO, current US$ (2010)
- Cereal imports 135.60 million FAO, current US$ (2010)
- Cereal imports quantity 199,076 FAO, tonnes (2010)
- Total agricultural exports 1.26 billion FAO, current US$ (2010)
- Cereal exports 10.25 million FAO, current US$ (2010)
- Cereal exports quantity 26,085 FAO, tonnes (2010)
- Merchandise exports, WB 935.42 million current US$ (2011)
Frequently asked questions
- What is import product diversification index in Malawi?
- Import product diversification index in Malawi was 0.5282 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 diversification index recorded in Malawi?
- The highest recorded value was 0.5433 in 2005.
- What is the lowest import product diversification index recorded in Malawi?
- The lowest recorded value was 0.4583 in 1998.
- How does Malawi rank for import product diversification index?
- Malawi ranks 17th out of 53 countries with data for 2011.
- Is import product diversification index rising or falling in Malawi?
- Over the last ten years it is up 10.4%. The long-run trend across the full record is rising.
- Where does this Malawi 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 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 imports by product of a given country or group of countries differ from the structure of product of the world. 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). This index is a modified Finger-Kreinin measure of similarity in trade. For more information, please consult the article of Finger, J. M. and M. E. Kreinin (1979), “A measure of ‘export similarity’ and its possible uses” in the Economic Journal , 89: 905-12.