Comparative advantage in environmental goods in Vietnam

Vietnam: Comparative advantage in environmental goods was 0.5516 index in 2019. ▲ Rising

Latest (2019)
0.5516 index
Change on year
up 13.8%
World rank
51st
of 163 countries
All-time high
0.5516 index
in 2019
All-time low
0.0568 index
in 2000
Years of data
20
2000–2019

Comparative advantage in environmental goods in Vietnam, 2000–2019

0.10.20.30.40.50.62000200920192000: 0.057 index2001: 0.109 index2002: 0.112 index2003: 0.148 index2004: 0.148 index2005: 0.199 index2006: 0.177 index2007: 0.258 index2008: 0.28 index2009: 0.319 index2010: 0.328 index2011: 0.343 index2012: 0.372 index2013: 0.371 index2014: 0.361 index2015: 0.39 index2016: 0.512 index2017: 0.509 index2018: 0.485 index2019: 0.552 index

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

DecadeAverage LowestHighest 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

  1. 48 El Salvador 0.6059 index compare
  2. 49 Hong Kong 0.5788 index compare
  3. 50 Bahamas 0.5585 index compare
  4. 52 Philippines 0.5294 index compare
  5. 53 Egypt 0.5056 index compare
  6. 54 India 0.4907 index compare

See the full ranking of 163 places →

More reference data data for Vietnam

All data for Vietnam →

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 — 20 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.