Nigeria | Export product concentration index

This indicator reflects the Herfindahl-Hirschmann index measure of the degree of export 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 exports are concentrated in fewer sectors. On the contrary, values closer to 0 reflect a more equal distribution of market shares among exporters. 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 exporters look more concentrated.
Publisher
The World Bank
Origin
Federal Republic of Nigeria
Records
53
Source
Nigeria | Export product concentration index
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995 0.84999724
1996 0.90718716
1997 0.88516293
1998 0.86177644
1999 0.8925166
2000 0.92760495
2001 0.88902688
2002 0.84208325
2003 0.87660716
2004 0.96072636
2005 0.91710514
2006 0.86654392
2007 0.84949178
2008 0.8308443
2009 0.82559009
2010 0.76130947
2011 0.81513401
2012

Nigeria | Export product concentration index

This indicator reflects the Herfindahl-Hirschmann index measure of the degree of export 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 exports are concentrated in fewer sectors. On the contrary, values closer to 0 reflect a more equal distribution of market shares among exporters. 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 exporters look more concentrated.
Publisher
The World Bank
Origin
Federal Republic of Nigeria
Records
53
Source