The concentration index of exports estimates a country’s reliance on a limited group of commodities as its primary source of foreign exchange income. Ranging from 0 (perfect diversification) to 1 (concentrated on a single product)*, a comparison of index scores to the contribution of natural resources to GDP worldwide shows that countries that are resource-rich tend to have less diversified export bases.
Export concentration is a concern for economic planners worldwide but less so in most developed economies which tend to maintain more diversified export profiles. In fact, the world's leading exporters of particular products are not concentrated on the export of those same products, decreasing their vulnerability to changes in global demand and the corresponding ebb and flow of export earnings that bring in foreign exchange.
*The index is calculated as a sum of squared shares of products constituting a country's exports.
Trade Policy Reviews are an exercise, mandated in the WTO agreements, in which member countries' trade and related policies are examined and evaluated at regular intervals. Significant developments that may have an impact on the global trading system are also monitored. All WTO members are subject to review, with the frequency of review depending on the country's size. Event holder: World Trade Organization
The Direction of Trade Statistics (DOTS) from IMF presents current figures on the value of merchandise exports and imports disaggregated according to a country's primary trading partners. Area and world aggregates are included in the display of trade flows between major areas of the world. Reported data is supplemented by estimates whenever such data is not available or current. Imports are reported on a cost insurance and freight (CIF) basis and exports are reported on a free on board (FOB) basis with the exception of a few countries for which imports are also available FOB. Time series data includes estimates derived from reports of...
World Trade Rankings World Commodity Trade Ranking | World Services Trade Ranking Country Export Profiles China | India | Canada | USA | Russia | Germany | Japan | France | UK | EU-27 | South Korea | Ghana | Pakistan | Brazil | Uganda Country Import Profiles China | India | Canada | USA | Russia | Germany | Japan | France | UK | EU-27 | South Korea | Ghana | Pakistan | Brazil | Uganda Commodity Trade Profiles Agricultural Products | Fuels | Iron and Steel | Chemicals | Pharmaceuticals | Machinery and Equipment | Textile | Clothing Sources: Foreign Trade