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Revealed Comparative Advantage

Description
Revealed Comparative Advantage (RCA) shows the relative advantage or disadvantage of a country in a particular product or group of products. It is a ratio of 2 shares e.g.: commodity Y exports by Pakistan/all exports of Pakistan: commodity Y exports worldwide/all exports worldwide. The calculation methodology is a weighted-average computation based on the export/import trade values of each HS06 product that falls under the HS04 category. The Harmonized System classification of goods for international trade is managed by the World Customs Organization (WCO). The entire classification can be accessed here: https://bit.ly/3JvbVAT   Show More
Period
Annually
Range
2011 to 2021
Source
Trade Foresight
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Data powered by Capital Stake. To provide comparable data, information might have been standardized. Periods where data is not available at source are denoted by null values.