Figure 17: Herfindahl-Hirshmann Index (Product HHI) by OIC Countries (2017)

Source: UNCTADSTAT database

The commodity concentration could also be observed when countries looked into specifically.

Due to their undiversified economic structure many OIC countries rely upon a few primary

products for their exports or depend heavily on natural resources which might result in a severe

export revenue loss in case of either foreign demand and/or commodity price shocks or drought

for agricultural commodity exporters. Recent oil price collapse underlies the importance of

0.06

0.08

0.14

0.15

0.16

0.17

0.18

0.19

0.21

0.24

0.26

0.29

0.31

0.32

0.33

0.35

0.37

0.38

0.39

0.41

0.42

0.43

0.44

0.48

0.50

0.52

0.53

0.54

0.55

0.59

0.62

0.63

0.65

0.67

0.74

0.75

0.76

0.77

0.81

0.88

0.94

0.0

0.2

0.4

0.6

0.8

1.0

World

Turkey

Tunisia

Indonesia

Lebanon

Egypt

Djibouti

Morocco

Jordan

Syria

Palestine

Malaysia

Uganda

Pakistan

Senegal

Togo

UAE

Albania

OIC

Mozambique

Tajikistan

Benin

Bahrain

Sierra Leone

Cameroon

Afghanistan

Niger

Côte d'Ivoire

Mauritania

Yemen

Kyrgyzstan

Oman

Bangladesh

Gambia

Uzbekistan

Guyana

Guinea

Sudan

Algeria

Qatar

Turkmenistan

Kazakhstan

Iran

Somalia

Saudi Arabia

Mali

Burkina Faso

Kuwait

Comoros

Brunei Darussalam

Gabon

Maldives

Libya

Suriname

Nigeria

Chad

Azerbaijan

Guinea-Bissau

Iraq

HHI Product Index