Hong Kong (China) vs Viet Nam: Comparative advantage in environmental goods
Comparative advantage in environmental goods over time
- Hong Kong (China)
- Viet Nam
How they compare
Hong Kong (China) currently reports 0.5788 index against 0.5516 index in Viet Nam, a difference of 0.0272 index.
Across all 20 years both countries report, Hong Kong (China) has been ahead every year.
Hong Kong (China) ranks 49th and Viet Nam ranks 51st of 163 countries.
Hong Kong (China) has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Hong Kong (China) | Viet Nam | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 0.5629 index | 0.1806 index | 0.3823 index | Hong Kong (China) |
| 2010s | 0.5813 index | 0.4222 index | 0.1591 index | Hong Kong (China) |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher comparative advantage in environmental goods, Hong Kong (China) or Viet Nam?
- Hong Kong (China), at 0.5788 index against 0.5516 index in Viet Nam as of 2019.
- What is the difference in comparative advantage in environmental goods between Hong Kong (China) and Viet Nam?
- 0.0272 index, with Hong Kong (China) ahead.
- How many years of comparable data are there for Hong Kong (China) and Viet Nam?
- 20 years are reported by both, from 2000 to 2019.
- How do Hong Kong (China) and Viet Nam rank globally for comparative advantage in environmental goods?
- Hong Kong (China) ranks 49th and Viet Nam ranks 51st of 163 countries.
- Where does this data come from?
- IMF Climate Change Dashboard. Data sources: UN Comtrade, DESA/UNSD; IMF staff calculations, published as Comparative advantage in environmental goods (index). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Environmental goods include both goods connected to environmental protection—such as goods related to pollution management and resource management—and adapted goods—which are goods that have been specifically modified to be more “environmentally friendly” or “cleaner.” Comparative advantage is a measure of the relative advantage or disadvantage a particular country has in a certain class of goods (in this case, environmental goods), and can be used to evaluate export potential in that class of goods. Environmental goods include both goods connected to environmental protection—such as goods related to pollution management and resource management—and adapted goods—which are goods that have been specifically modified to be more “environmentally friendly” or “cleaner.” A value greater than one indicates a relative advantage in environmental goods, while a value of less than one indicates a relative disadvantage.