COMCEC Trade Outlook 2019
18
Figure 17: Herfindahl-Hirshmann Index (Product HHI) by OIC Countries (2018)
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
0.96
0.88
0.83
0.80
0.78
0.77
0.67
0.67
0.66
0.65
0.62
0.62
0.60
0.56
0.55
0.52
0.52
0.49
0.48
0.45
0.45
0.45
0.45
0.44
0.42
0.40
0.39
0.37
0.36
0.36
0.35
0.35
0.35
0.34
0.32
0.31
0.31
0.30
0.29
0.28
0.27
0.27
0.26
0.25
0.24
0.24
0.24
0.22
0.22
0.20
0.18
0.17
0.16
0.15
0.14
0.13
0.12
0.08
0.07
0.00 0.10 0.20 0.30 0.40 0.50 0.60 0.70 0.80 0.90 1.00
Iraq
Guinea-Bissau
Azerbaijan
Libya
Nigeria
Chad
Mali
Suriname
Burkina Faso
Turkmenistan
Brunei
Maldives
Kazakhstan
Comoros
Gabon
Iran
Saudi Arabia
Guinea
Algeria
Guyana
Qatar
Gambia
Oman
Sudan
Somalia
Bangladesh
Afghanistan
Bahrain
Kyrgyzstan
Côte d'Ivoire
Niger
Uzbekistan
Benin
Cameroon
Yemen
Mauritania
Mozambique
Kuwait
Albania
UAE
OIC Average
Tajikistan
Sierra Leone
Uganda
Senegal
Syria
Togo
Djibouti
Malaysia
Pakistan
Palestine
Morocco
Jordan
Egypt
Tunisia
Indonesia
Lebanon
Turkey
World