Comparative advantage in environmental goods in Mexico

Mexico: Comparative advantage in environmental goods was 0.9441 index in 2019. ▬ Flat

Latest (2019)
0.9441 index
Change on year
down 8.8%
World rank
32nd
of 163 countries
All-time high
1.26 index
in 2006
All-time low
0.9441 index
in 2019
Years of data
22
1998–2019

Comparative advantage in environmental goods in Mexico, 1998–2019

00.511.51998200820191998: 1.1 index1999: 1.1 index2000: 1.1 index2001: 1 index2002: 1.1 index2003: 1.1 index2004: 1.2 index2005: 1.3 index2006: 1.3 index2007: 1.1 index2008: 1.2 index2009: 1.2 index2010: 1.2 index2011: 1.2 index2012: 1.2 index2013: 1.2 index2014: 1.2 index2015: 1.2 index2016: 1.2 index2017: 1.1 index2018: 1 index2019: 0.944 index

Source: IMF Climate Change Dashboard. Data sources: UN Comtrade, DESA/UNSD; IMF staff calculations. Measured in index.

Analysis

Mexico recorded 0.9441 index for comparative advantage in environmental goods in 2019. That is the lowest value across all 22 years on record.

That represents a change of down 8.8% on the previous year and down 19.4% over ten years.

Over the whole period, comparative advantage in environmental goods in Mexico peaked at 1.26 index in 2006 and was at its lowest, 0.9441 index, in 2019.

Mexico ranks 32nd of 163 countries on this measure, in the top quarter.

Averages by decade

DecadeAverage LowestHighest Years
1990s 1.07 index 1.06 index 1.08 index 2
2000s 1.16 index 1.04 index 1.26 index 10
2010s 1.14 index 0.9441 index 1.2 index 10

Countries ranked near Mexico

  1. 29 Turkey 1.01 index compare
  2. 30 Netherlands 0.9806 index compare
  3. 31 France 0.9662 index compare
  4. 33 Estonia 0.9331 index compare
  5. 34 Georgia 0.9228 index compare
  6. 35 Bosnia and Herzegovina 0.8972 index compare

See the full ranking of 163 places →

More reference data data for Mexico

All data for Mexico →

Frequently asked questions

What is comparative advantage in environmental goods in Mexico?
Comparative advantage in environmental goods in Mexico was 0.9441 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 Mexico?
The highest recorded value was 1.26 index in 2006.
What is the lowest comparative advantage in environmental goods recorded in Mexico?
The lowest recorded value was 0.9441 index in 2019.
How does Mexico rank for comparative advantage in environmental goods?
Mexico ranks 32nd out of 163 countries with data for 2019.
Is comparative advantage in environmental goods rising or falling in Mexico?
Over the last ten years it is down 19.4%. The long-run trend across the full record is flat.
Where does this Mexico 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.

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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.