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Ho Chi Minh City
Exports COMPLEXITY
HCMC Exports and Revealed Comparative Advantage
The Revealed Comparative Advantages (RCA) tell us that HCMC is an effective exporter of a product if it exports more than its “fair share,” or a share that is at least equal to the share of total world trade that the product represents (RCA greater than 1). In the following graphs we can observe each HCMC Exports and RCAs of their products basket. For more information, refer to the definitions provided in: http://atlas.cid.harvard.edu/learn/glossary [Click bars on the graph for more details]
HCMC Products' Opportunity Gain
Measures how much a location could benefit in opening future diversification opportunities by developing a particular product. Opportunity gain quantifies how a new product can open up links to more, and more complex, products. Opportunity gain classifies the strategic value of a product based on the new paths to diversification in more complex sectors that it opens up. For more information, refer to the definitions provided in: http://atlas.cid.harvard.edu/learn/glossary
HCMC Products' Distance
A measure of a location’s ability to enter a specific product. A product’s distance (from 0 to 1) looks to capture the extent of a location’s existing capabilities to make the product as measured by how closely related a product is to its current exports. A ‘nearby’ product of a shorter distance requires related capabilities to those that are existing, with greater likelihood of success. For more information, refer to the definitions provided in: http://atlas.cid.harvard.edu/learn/glossary
HCMC Products' Complexity Index
Ranks the diversity and sophistication of the productive know-how required to produce a product. PCI is calculated based on how many other countries can produce the product and the economic complexity of those countries. In effect, PCI captures the amount and sophistication of know-how required to produce a product. For more information, refer to the definitions provided in: http://atlas.cid.harvard.edu/learn/glossary
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