Sectoral Composition Comparative Advantage And Growth Export

This indicator shows the sectoral composition of the reporter’s exports to a given partner or group. The revealed comparative advantage (RCA) index is a measure of a country’s relative advantage or disadvantage in a specific industry as evidenced by trade flows. An index above the unit indicates that a country’s share of exports in that sector exceeds the global export share of the same sector. If this is the case, we infer that the country has a comparative advantage in that sector. The compound annual growth rate (CAGR) is the year-over-year growth rate. It is calculated by taking the nth root of the total growth rate, where n is the number of years.