Nigeria | Import product concentration index

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.
Publisher
The World Bank
Origin
Federal Republic of Nigeria
Records
53
Source
Nigeria | Import product concentration index
year value
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 0.05759645
1996 0.06960144
1997 0.06755438
1998 0.05885635
1999 0.05820322
2000 0.06145069
2001 0.06235449
2002 0.06974687
2003 0.07021208
2004 0.12660906
2005 0.07725775
2006 0.09360529
2007 0.10114702
2008 0.12565456
2009 0.09656855
2010 0.10190342
2011 0.10951914
2012

Nigeria | Import product concentration index

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.
Publisher
The World Bank
Origin
Federal Republic of Nigeria
Records
53
Source