IIT (Sectoral Marginal)
IIT (Aggregate Marginal)
Regional Market Share
|Regional Market Share
The regional market share statistic tells us the relative importance of the members of a trade bloc in the intra-regional trade of the bloc. It is a variation on the export share. The larger the value, the more the economy in question dominates the exports of the bloc in question.
The regional market share is defined as the proportion of total exports of a given member(s) of a trading bloc to other members of the bloc, in the total intra-regional exports of the bloc.
Range of values:
Takes a value between 0 and 100 per cent, with higher values indicating greater importance of the economy within the regional trading bloc.
For further note on this indicator, including an example and formula, see the relevant section of Trade Statistics in Policymaking: A Handbook of Commonly Used Trade Indices and Indicators.