Top 10 Countries with the Highest Export Concentration (HHI)
Export Market Concentration HHI: 12 Verified WITS Country Entries
This ranking compares verified WITS country entries by HH Market Concentration Index, a Herfindahl-Hirschman measure of how concentrated an exporter’s merchandise exports are across destination markets. The unit is an index from 0 to 1. Higher values indicate stronger dependence on fewer export partner markets.
Thank you for reading this post, don't forget to subscribe!The table is a compiled research dataset based on 14 World Bank WITS and World Bank dataset-level sources, with row-level source and method notes shown in the ranking table. It is a 2026 snapshot based on the latest available WITS trade-indicator values: most rows use 2023 official values, while Mongolia uses the latest available WITS country-snapshot value shown for 2022.
This page includes 12 verified entries only. It is not a global Top 100 and does not add unsupported rows to create a larger label. The metric measures destination-market concentration, not export product concentration: a country may rely on one product but sell it to several markets, or export many products while depending heavily on one destination.
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Mongolia has the highest WITS market-concentration value among the 12 verified rows used here.
Finland is the lowest included country in this verified WITS sample.
Top N equals the number of verified country rows included. No unverified country is added to force a Top 100 label.
Index from 0 to 1. Higher values rank higher because the page measures export market concentration risk.
12 official_value rows, 0 official_forecast rows and 0 modeled_projection rows.
Overview
Export market concentration is a partner-risk indicator. A high HHI means that a large share of export value is directed to a narrow set of destination markets. That may reflect geography, transport corridors, long-term supply chains or regional demand, but it also increases exposure to border disruption, sanctions, tariff changes, demand shocks and payment-system risk in a small number of markets.
The top of this verified set is not gradual. Mongolia at 0.78 stands far above Congo, Dem. Rep. at 0.44, and the distance between those two entries is larger than the distance between Congo, Dem. Rep. and most remaining rows. Oman and Zambia follow at 0.20, while the lower part of the table ranges from 0.09 to 0.05.
A lower value does not mean an exporter has no trade risk. It means destination markets are more dispersed. Product concentration, fiscal exposure to commodities, shipping chokepoints, services exports and firm-level concentration are separate questions and should be measured with separate indicators.
Top table: highest verified WITS market-concentration values
The short table shows the ten highest rows from the verified dataset. It is sorted by numeric HHI in descending order. Equal rounded values are kept as separate rows and ordered by the fixed compiled-table rank.
| Rank | Country | HHI | Source / method note |
|---|---|---|---|
| 1 | Mongolia | 0.78 | official_value; WITS Country Snapshot; Asia; trade-indicator year 2022; latest available country-snapshot value. |
| 2 | Congo, Dem. Rep. | 0.44 | official_value; WITS Country Snapshot; Africa; trade-indicator year 2023; rounded WITS display value. |
| 3 | Oman | 0.20 | official_value; WITS Country Snapshot; MENA; trade-indicator year 2023; rounded WITS display value. |
| 4 | Zambia | 0.20 | official_value; WITS country indicators; Africa; trade-indicator year 2023; equal rounded value kept as separate row. |
| 5 | Botswana | 0.17 | official_value; WITS Country Snapshot; Africa; trade-indicator year 2023; rounded WITS display value. |
| 6 | Brunei | 0.13 | official_value; WITS Country Snapshot; Asia; trade-indicator year 2023; rounded WITS display value. |
| 7 | Qatar | 0.09 | official_value; WITS Country Snapshot; MENA; trade-indicator year 2023; market HHI, not product HHI. |
| 8 | Kuwait | 0.09 | official_value; WITS Country Snapshot; MENA; trade-indicator year 2023; market HHI, not product HHI. |
| 9 | Trinidad and Tobago | 0.09 | official_value; WITS country indicators; Americas; trade-indicator year 2023; equal rounded value kept as separate row. |
| 10 | Thailand | 0.07 | official_value; WITS Country Snapshot; Asia; trade-indicator year 2023; rounded WITS display value. |
Table note: this is a verified 12-row WITS sample, not a forced global Top 100. All rows are official_value entries; no official forecasts or modeled projections are included.
Chart: verified export market concentration values
The chart uses all 12 confirmed rows. Mongolia is the clear visual outlier, followed by Congo, Dem. Rep.; the rest of the verified set falls below 0.21.
Methodology
The metric is the WITS HH Market Concentration Index for merchandise exports. It is a Herfindahl-Hirschman index calculated across export destination markets. A value closer to 1 means that a country’s exports are concentrated in fewer partner markets; a value closer to 0 means that destination markets are more diversified.
This compiled research dataset uses only rows where a numeric value, country, target year, value status, source name, source URL, region note and method note could be assigned. All included rows are treated as official_value because they come from World Bank WITS country snapshot or country-indicator pages. No official forecasts and no modeled projections are used.
The target year is a 2026 publication snapshot, not a claim that the trade observations themselves are from 2026. Most listed rows use 2023 WITS trade-indicator observations. Mongolia uses the latest relevant value shown on its WITS country snapshot for 2022. Because WITS country snapshots may show the latest available observation by country, this page discloses mixed observation years instead of forcing a single-year table.
Ranking direction is descending: higher HHI ranks higher because this page measures concentration risk. Values are displayed to two decimal places because WITS country pages show rounded indicator values. When equal rounded values appear, the table keeps a stable compiled order rather than implying precision that the rounded display does not support.
Metric
HH Market Concentration Index for exports; index scale from 0 to 1; higher value means stronger concentration across export destination markets.
Source hierarchy
World Bank WITS country snapshots and country-indicator pages are used as row-level sources. World Bank metadata and Data Catalog pages are used to define the indicator and dataset context.
Inclusion rule
A country is included only when the row has entity, value, unit, year, status, source name, source URL, region note and method note.
What the metric does not measure
It does not measure export product concentration, fiscal dependence on commodities, firm-level concentration, export quality, services exports or resilience of shipping routes.
Missing values are not estimated. Conflicting values are not averaged. If a country’s exact WITS value or year could not be confirmed for this compiled page, the country is not included. The result is a smaller but cleaner verified ranking rather than a larger table with unsupported rows.
Main ranking table
Search, filter or sort the table by country, region, status, value or year. The ranking contains the same 12 verified WITS entries described in the methodology.
| Rank | Country | HHI | Source / method note |
|---|---|---|---|
| 1 | Mongolia | 0.78 | official_value; WITS Country Snapshot; Asia; trade-indicator year 2022; latest available country-snapshot value. |
| 2 | Congo, Dem. Rep. | 0.44 | official_value; WITS Country Snapshot; Africa; trade-indicator year 2023; rounded WITS display value. |
| 3 | Oman | 0.20 | official_value; WITS Country Snapshot; MENA; trade-indicator year 2023; rounded WITS display value. |
| 4 | Zambia | 0.20 | official_value; WITS country indicators; Africa; trade-indicator year 2023; equal rounded value kept as separate row. |
| 5 | Botswana | 0.17 | official_value; WITS Country Snapshot; Africa; trade-indicator year 2023; rounded WITS display value. |
| 6 | Brunei | 0.13 | official_value; WITS Country Snapshot; Asia; trade-indicator year 2023; rounded WITS display value. |
| 7 | Qatar | 0.09 | official_value; WITS Country Snapshot; MENA; trade-indicator year 2023; market HHI, not product HHI. |
| 8 | Kuwait | 0.09 | official_value; WITS Country Snapshot; MENA; trade-indicator year 2023; market HHI, not product HHI. |
| 9 | Trinidad and Tobago | 0.09 | official_value; WITS country indicators; Americas; trade-indicator year 2023; equal rounded value kept as separate row. |
| 10 | Thailand | 0.07 | official_value; WITS Country Snapshot; Asia; trade-indicator year 2023; rounded WITS display value. |
| 11 | Switzerland | 0.06 | official_value; WITS Country Snapshot; Europe; trade-indicator year 2023; lower-concentration comparison row. |
| 12 | Finland | 0.05 | official_value; WITS Country Snapshot; Europe; trade-indicator year 2023; lowest included value in this verified sample. |
Table note: values are rounded WITS display values. All rows are official_value entries. No missing value is estimated, no conflict is averaged and no forecast or modeled projection is included.
Insights
Key insight
Mongolia is the dominant outlier. Its HHI value of 0.78 is far above Congo, Dem. Rep. at 0.44, so the distribution is led by one extreme case rather than a smooth high-concentration tier.
Notable pattern
The verified African entries are concentrated in the upper half of the table: Congo, Dem. Rep. ranks second, Zambia shares the 0.20 level, and Botswana follows at 0.17.
Regional spread
Asia and MENA both appear several times, but the table does not assume one common cause. Mongolia, Brunei and Thailand sit in Asia, while Oman, Qatar and Kuwait sit in MENA.
Outlier interpretation
Qatar and Kuwait are often discussed as hydrocarbon exporters, but their verified market-concentration HHI values here are 0.09. That difference shows why product concentration and destination-market concentration must be kept separate.
The main lesson is methodological as well as economic: a country can be dependent on a narrow export product while selling that product to several destination markets. Another country can export a broader mix of goods while relying heavily on one destination. This ranking captures the second issue only.
What it means
For policymakers, export market concentration helps identify where trade diplomacy, transport corridors and payment systems matter most. If a large share of exports depends on one or two destination markets, a disruption in those markets can affect foreign-currency earnings, corporate cash flow and public revenue.
For analysts, the indicator is useful as an early warning signal but not as a full diagnosis. It should be read with product concentration, export-to-GDP ratios, fiscal dependence on trade taxes or commodities, transport chokepoints and the structure of domestic exporters.
For companies, a high national market-concentration value can point to country-level exposure that may also affect suppliers, banks, ports and insurers. Diversifying customers, currencies, shipping routes and contract terms can reduce practical risk even when a national export basket changes slowly.
FAQ
What does HH Market Concentration Index measure?
It measures how concentrated a country’s merchandise exports are across destination markets. A higher value means export value is more dependent on fewer partner markets.
Is this the same as export product concentration?
No. Product concentration ranks dependency by exported goods, such as oil, copper or diamonds. The WITS HH Market Concentration Index used here ranks dependency by destination markets.
Why is this not called a Top 100 ranking?
The page includes only rows with confirmed values, years and source notes. A Top 100 label would be misleading unless exactly 100 verified rows were included in the HTML table.
Why do some rows have the same value?
WITS country pages display rounded values. When several countries show the same rounded value, they are kept as separate rows rather than being averaged or artificially separated.
Why is Mongolia shown with 2022 while most rows use 2023?
The page is a 2026 publication snapshot based on latest available WITS observations. Mongolia’s country snapshot showed the latest relevant trade-indicator value for 2022, so the year is disclosed directly in the row note.
Does a low HHI mean a country has no export risk?
No. A lower market-concentration HHI only means destination markets are more dispersed. The country may still face risk from one dominant product, one port, one company group, one currency or one commodity cycle.
How should this ranking be used?
Use it as a market-dependence screen. For a full trade-risk assessment, combine it with product concentration, export composition, services trade, fiscal data, transport routes and country-specific policy exposure.
Sources
Sources are limited to World Bank WITS and World Bank dataset-level pages. Country pages are used for row-level values; metadata and Data Catalog pages are used for indicator definition and dataset context.
Used to define the HH Market Concentration Index and distinguish market concentration from product concentration and other trade indicators.
WITS Trade Indicator Metadata
Used as the dataset-level reference for the export market concentration indicator and its World Bank/WITS context.
World Bank Data Catalog
Row-level source for Mongolia, the highest verified value in the compiled table.
Mongolia country snapshot
Row-level source for Congo, Dem. Rep., the second-highest verified value in the compiled table.
Congo, Dem. Rep. country snapshot
Row-level source for Oman and the 2023 WITS trade-indicator value used in the table.
Oman country snapshot
Row-level source used to confirm Zambia’s WITS export market concentration value and observation year.
Zambia country snapshot
Row-level source for Botswana and its verified export market concentration value.
Botswana country snapshot
Row-level source for Brunei and its verified market-concentration value.
Brunei country snapshot
Row-level source for Qatar and the 2023 WITS market-concentration value shown in the table.
Qatar country snapshot
Row-level source for Kuwait and its verified market-concentration value.
Kuwait country snapshot
Row-level source used to confirm Trinidad and Tobago’s WITS market-concentration value and observation year.
Trinidad and Tobago country snapshot
Row-level source for Thailand and its verified export market concentration value.
Thailand country snapshot
Row-level source for Switzerland and the lower-concentration comparison row used in the table.
Switzerland country snapshot
Row-level source for Finland, the lowest included value in this verified sample.
Finland country snapshot
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