Eritrea | Import product diversification index

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.
Publisher
The World Bank
Origin
State of Eritrea
Records
53
Source
Eritrea | Import product diversification index
1960
1961
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1970
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1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
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1994
1995 0.50786377
1996 0.48491232
1997 0.49647265
1998 0.51770158
1999 0.50802835
2000 0.55193342
2001 0.48966348
2002 0.49051192
2003 0.51579201
2004 0.48303324
2005 0.52024712
2006 0.4730316
2007 0.53487979
2008 0.50860971
2009 0.49653924
2010 0.55276599
2011 0.54015509
2012

Eritrea | Import product diversification index

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.
Publisher
The World Bank
Origin
State of Eritrea
Records
53
Source