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
0.84999724 1995
0.90718716 1996
0.88516293 1997
0.86177644 1998
0.8925166 1999
0.92760495 2000
0.88902688 2001
0.84208325 2002
0.87660716 2003
0.96072636 2004
0.91710514 2005
0.86654392 2006
0.84949178 2007
0.8308443 2008
0.82559009 2009
0.76130947 2010
0.81513401 2011
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