Comparative advantage in environmental goods in Vietnam
Vietnam: Comparative advantage in environmental goods was 0.5516 index in 2019. ⲠRising
Comparative advantage in environmental goods in Vietnam, 2000â2019
Source: IMF Climate Change Dashboard. Data sources: UN Comtrade, DESA/UNSD; IMF staff calculations. Measured in index.
Analysis
Vietnam recorded 0.5516 index for comparative advantage in environmental goods in 2019. That is the highest value across all 20 years on record.
Compared with earlier readings it is up 13.8% on the previous year and up 72.7% over ten years.
Over the whole period, comparative advantage in environmental goods in Vietnam peaked at 0.5516 index in 2019 and was at its lowest, 0.0568 index, in 2000.
Vietnam ranks 51st of 163 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.1806 index | 0.0568 index | 0.3194 index | 10 |
| 2010s | 0.4222 index | 0.3276 index | 0.5516 index | 10 |
Countries ranked near Vietnam
More reference data data for Vietnam
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 3.68 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 4.24 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 16.73 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 1.89 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 16.73 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 12.35 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 18.98 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 23.56 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 93.83 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 10.27 (2050)
Frequently asked questions
- What is comparative advantage in environmental goods in Vietnam?
- Comparative advantage in environmental goods in Vietnam was 0.5516 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 Vietnam?
- The highest recorded value was 0.5516 index in 2019.
- What is the lowest comparative advantage in environmental goods recorded in Vietnam?
- The lowest recorded value was 0.0568 index in 2000.
- How does Vietnam rank for comparative advantage in environmental goods?
- Vietnam ranks 51st out of 163 countries with data for 2019.
- Is comparative advantage in environmental goods rising or falling in Vietnam?
- Over the last ten years it is up 72.7%. The long-run trend across the full record is rising.
- Where does this Vietnam 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 â 20 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Environmental goods include both goods connected to environmental protectionâsuch as goods related to pollution management and resource managementâand adapted goodsâwhich are goods that have been specifically modified to be more âenvironmentally friendlyâ or âcleaner.â 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 protectionâsuch as goods related to pollution management and resource managementâand adapted goodsâwhich are goods that have been specifically modified to be more âenvironmentally friendlyâ or âcleaner.â A value greater than one indicates a relative advantage in environmental goods, while a value of less than one indicates a relative disadvantage.