Comparative advantage in environmental goods in Hong Kong

Hong Kong: Comparative advantage in environmental goods was 0.5788 index in 2019. ▬ Flat

Latest (2019)
0.5788 index
Change on year
down 3.0%
World rank
49th
of 163 countries
All-time high
0.6102 index
in 2002
All-time low
0.5216 index
in 2009
Years of data
22
1998–2019

Comparative advantage in environmental goods in Hong Kong, 1998–2019

00.20.40.61998200820191998: 0.54 index1999: 0.559 index2000: 0.583 index2001: 0.596 index2002: 0.61 index2003: 0.576 index2004: 0.546 index2005: 0.537 index2006: 0.542 index2007: 0.56 index2008: 0.557 index2009: 0.522 index2010: 0.577 index2011: 0.578 index2012: 0.607 index2013: 0.598 index2014: 0.596 index2015: 0.573 index2016: 0.551 index2017: 0.557 index2018: 0.596 index2019: 0.579 index

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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 46 Croatia 0.6596 index compare
  2. 47 Latvia 0.6188 index compare
  3. 48 El Salvador 0.6059 index compare
  4. 50 Bahamas 0.5585 index compare
  5. 51 Vietnam 0.5516 index compare
  6. 52 Philippines 0.5294 index compare

See the full ranking of 163 places →

More reference data data for Hong Kong

All data for Hong Kong →

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

Indicator
Comparative advantage in environmental goods (index)
Unit
index
Source
IMF Climate Change Dashboard. Data sources: UN Comtrade, DESA/UNSD; IMF staff calculations
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
163 places, 3,076 data points, 1998–2019
Last refreshed

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.