Western Asia and Northern Africa have the highest export concentration ratio among regions
Product concentration index of exports, 2023
UN Trade and Development, UNCTADstat.
This index measures the extent to which a large share of exports is accounted for by a small number of product groups. The index has a value of 1 when an economy exports only one group of products and a value of 0 if all product groups are equally represented.
In 2023, the region with the most diversified exports over products was Europe, as indicated by a product concentration index of exports of 0.07, followed by Latin America and the Caribbean (0.10). Western Asia and Northern Africa (0.28) was the region in which exports were most concentrated on few products. Several Sub-Saharan African economies strongly engaged in the export of natural resources, such as Mali (0.82), Angola (0.80), Botswana (0.80), Burkina Faso (0.78), and South Sudan (0.77), were among the top fifteen with reference to the index. Tokelau (0.90) and Iraq (0.88) ranked highest.