Comparative advantage in environmental goods in Hong Kong
Hong Kong: Comparative advantage in environmental goods was 0.5788 index in 2019. ▬ Flat
Comparative advantage in environmental goods in Hong Kong, 1998–2019
Source: IMF Climate Change Dashboard. Data sources: UN Comtrade, DESA/UNSD; IMF staff calculations. Measured in index.
Analysis
Hong Kong recorded 0.5788 index for comparative advantage in environmental goods in 2019.
The figure is down 3.0% on the previous year and up 11.0% over ten years.
Over the whole period, comparative advantage in environmental goods in Hong Kong peaked at 0.6102 index in 2002 and was at its lowest, 0.5216 index, in 2009.
That places Hong Kong 49th out of 163 countries with data for 2019, putting it in the middle of the range.
Comparative advantage in environmental goods in Hong Kong, year by year
| Year | index | Change |
|---|---|---|
| 1998 | 0.54 index | — |
| 1999 | 0.5587 index | +3.5% |
| 2000 | 0.5832 index | +4.4% |
| 2001 | 0.5962 index | +2.2% |
| 2002 | 0.6102 index | +2.3% |
| 2003 | 0.576 index | -5.6% |
| 2004 | 0.5464 index | -5.2% |
| 2005 | 0.5367 index | -1.8% |
| 2006 | 0.5421 index | +1.0% |
| 2007 | 0.5596 index | +3.2% |
| 2008 | 0.5571 index | -0.4% |
| 2009 | 0.5216 index | -6.4% |
| 2010 | 0.5775 index | +10.7% |
| 2011 | 0.5778 index | +0.1% |
| 2012 | 0.6069 index | +5.0% |
| 2013 | 0.5978 index | -1.5% |
| 2014 | 0.5961 index | -0.3% |
| 2015 | 0.5728 index | -3.9% |
| 2016 | 0.5514 index | -3.7% |
| 2017 | 0.5571 index | +1.0% |
| 2018 | 0.5964 index | +7.0% |
| 2019 | 0.5788 index | -3.0% |
Hong Kong compared with similar countries
- Hong Kong's 0.5788 index is below the median for high income countries, which is 0.6392 index, 91% of the median. (62 countries reporting)
- Hong Kong's 0.5788 index is above the median for East Asia & Pacific, which is 0.3404 index, 1.7× the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.5494 index | 0.54 index | 0.5587 index | 2 |
| 2000s | 0.5629 index | 0.5216 index | 0.6102 index | 10 |
| 2010s | 0.5813 index | 0.5514 index | 0.6069 index | 10 |
Countries ranked near Hong Kong
More reference data data for Hong Kong
- Emission Totals - Emissions (CH4) - Manure Management 0.1704 (2050)
- Emission Totals - Emissions (CO2eq) (AR5) - Burning - Crop residues 0 (2050)
- Emission Totals - Direct emissions (N2O) - Agricultural Soils 0.0219 (2050)
- Emission Totals - Emissions (CO2eq) (AR5) - Agricultural Soils 7.72 (2050)
- Emission Totals - Direct emissions (N2O) - Manure applied to Soils 0.0028 (2050)
- Emission Totals - Direct emissions (N2O) - IPCC Agriculture 0.0219 (2050)
- Emission Totals - Direct emissions (N2O) - Crop Residues 0 (1990)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0011 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0012 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0 (1990)
Frequently asked questions
- What is comparative advantage in environmental goods in Hong Kong?
- Comparative advantage in environmental goods in Hong Kong was 0.5788 index in 2019, according to IMF Climate Change Dashboard. Data sources: UN Comtrade, DESA/UNSD; IMF staff calculations.
- What is the highest comparative advantage in environmental goods recorded in Hong Kong?
- The highest recorded value was 0.6102 index in 2002.
- What is the lowest comparative advantage in environmental goods recorded in Hong Kong?
- The lowest recorded value was 0.5216 index in 2009.
- How does Hong Kong rank for comparative advantage in environmental goods?
- Hong Kong ranks 49th out of 163 countries with data for 2019.
- Is comparative advantage in environmental goods rising or falling in Hong Kong?
- Over the last ten years it is up 11.0%. The long-run trend across the full record is flat.
- Where does this Hong Kong data come from?
- The figures come from IMF Climate Change Dashboard. Data sources: UN Comtrade, DESA/UNSD; IMF staff calculations, published as part of Comparative advantage in environmental goods (index). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 22 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.