Fuel exports (% of merchandise exports) — all countries

Fuel exports (% of merchandise exports) — Armenia

Fuel exports (% of merchandise exports) in Armenia in 2024 — 0.68%. Ranked 101 in the world out of 127. Since 1997, the indicator has fallen by 0.05 pp.

2024 0.68% −0.21 pp vs 2023
World rank 101of 127
Period maximum 10.12%2000
Period minimum 0.09%2009

Trend over time

1997–2024 · % of merchandise exports

Fuel exports (% of merchandise exports) — Armenia, 1997–202405101519972000200320062009201220152018202120241997: 0.73%1999: 8.27%2000: 10.12%2001: 7.87%2002: 3.18%2003: 1.96%2004: 3.05%2005: 2.22%2006: 2.03%2007: 1.2%2008: 0.26%2009: 0.09%2010: 3.02%2011: 7.83%2012: 7.45%2013: 5.74%2014: 5.94%2015: 5.92%2016: 3.49%2017: 3.58%2018: 3.73%2019: 2.85%2020: 3%2021: 1.84%2022: 1.9%2023: 0.89%2024: 0.68%
Change over the period: −0.05 pp Annual average: 0 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Armenia

Armenia 0.68%
World 10.69%
Western Asia computed 53.96%
Fuel exports (% of merchandise exports) — Armenia, by year Armenia All countries CSV XLSX
Year % Change, pp
2024 0.68 −0.21 pp
2023 0.89 −1.01 pp
2022 1.9 +0.06 pp
2021 1.84 −1.16 pp
2020 3 +0.15 pp
2019 2.85 −0.88 pp
2018 3.73 +0.15 pp
2017 3.58 +0.1 pp
2016 3.49 −2.43 pp
2015 5.92 −0.02 pp
2014 5.94 +0.2 pp
2013 5.74 −1.7 pp
2012 7.45 −0.39 pp
2011 7.83 +4.81 pp
2010 3.02 +2.93 pp
2009 0.09 −0.17 pp
2008 0.26 −0.94 pp
2007 1.2 −0.84 pp
2006 2.03 −0.19 pp
2005 2.22 −0.83 pp
2004 3.05 +1.09 pp
2003 1.96 −1.21 pp
2002 3.18 −4.69 pp
2001 7.87 −2.25 pp
2000 10.12 +1.86 pp
1999 8.27
1997 0.73

About the indicator

The share of fuel — oil, gas, coal and the products of their refining — in a country's merchandise exports. This is the most direct measure of commodity dependence: for a dozen states the share exceeds ninety percent, meaning that all other exports together take up less than a tenth. A high value speaks not of wealth but of fragility: the revenue of such a country moves with the price of a single commodity, over which it has no influence.

Important: The share is of merchandise exports, not of all exports: services do not enter the denominator. The aggregate for country groups is weighted by merchandise exports — the denominator of the indicator itself.

Source: UNCTADstat (UNCTAD), license CC BY 3.0 IGO.