Fuel exports (% of merchandise exports) — all countries

Fuel exports (% of merchandise exports) — Barbados

Fuel exports (% of merchandise exports) in Barbados in 2024 — 8.01%. Ranked 44 in the world out of 127. Since 1967, the indicator has risen by 6.81 pp.

2024 8.01% −0.6 pp vs 2023
World rank 44of 127
Period maximum 28.7%2019
Period minimum 0%1985

Trend over time

1967–2024 · % of merchandise exports

Fuel exports (% of merchandise exports) — Barbados, 1967–20240102030196719731979198519911997200320092015202120241967: 1.2%1968: 1.05%1969: 1.35%1970: 1.27%1971: 0.24%1972: 0.6%1973: 0.78%1974: 1.66%1975: 1.23%1976: 0.96%1977: 0.35%1978: 0.54%1979: 0.2%1980: 0.18%1981: 0.15%1982: 0.24%1983: 0.35%1984: 0.33%1985: 0%1986: 0.01%1987: 18.06%1992: 0.04%1993: 0.12%1994: 0.01%1995: 0.02%1996: 0.01%1997: 0.01%1998: 2.96%1999: 5.73%2000: 8.62%2001: 5.13%2002: 3.74%2003: 7.47%2004: 8.83%2005: 7.98%2006: 9.42%2007: 22.99%2008: 8.51%2009: 5.18%2010: 0.02%2011: 7.37%2012: 10.8%2013: 9.1%2014: 9.34%2015: 5.53%2016: 3.53%2017: 5.2%2018: 4.63%2019: 28.7%2020: 4.78%2021: 4.66%2022: 9.76%2023: 8.61%2024: 8.01%
Change over the period: +6.81 pp Annual average: 0.12 pp

Comparison, 2024

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

Barbados 8.01%
World 10.69%
High-income countries computed 12.3%
Fuel exports (% of merchandise exports) — Barbados, by year Barbados All countries CSV XLSX
Year % Change, pp
2024 8.01 −0.6 pp
2023 8.61 −1.15 pp
2022 9.76 +5.09 pp
2021 4.66 −0.11 pp
2020 4.78 −23.92 pp
2019 28.7 +24.07 pp
2018 4.63 −0.57 pp
2017 5.2 +1.67 pp
2016 3.53 −2 pp
2015 5.53 −3.81 pp
2014 9.34 +0.24 pp
2013 9.1 −1.69 pp
2012 10.8 +3.43 pp
2011 7.37 +7.34 pp
2010 0.02 −5.16 pp
2009 5.18 −3.33 pp
2008 8.51 −14.48 pp
2007 22.99 +13.57 pp
2006 9.42 +1.44 pp
2005 7.98 −0.84 pp
2004 8.83 +1.36 pp
2003 7.47 +3.73 pp
2002 3.74 −1.4 pp
2001 5.13 −3.49 pp
2000 8.62 +2.89 pp
1999 5.73 +2.77 pp
1998 2.96 +2.95 pp
1997 0.01 +0 pp
1996 0.01 −0.02 pp
1995 0.02 +0.01 pp
1994 0.01 −0.11 pp
1993 0.12 +0.08 pp
1992 0.04
1987 18.06 +18.04 pp
1986 0.01 +0.01 pp
1985 0 −0.33 pp
1984 0.33 −0.02 pp
1983 0.35 +0.11 pp
1982 0.24 +0.09 pp
1981 0.15 −0.02 pp
1980 0.18 −0.02 pp
1979 0.2 −0.35 pp
1978 0.54 +0.2 pp
1977 0.35 −0.61 pp
1976 0.96 −0.27 pp
1975 1.23 −0.43 pp
1974 1.66 +0.87 pp
1973 0.78 +0.18 pp
1972 0.6 +0.36 pp
1971 0.24 −1.03 pp
1970 1.27 −0.08 pp
1969 1.35 +0.29 pp
1968 1.05 −0.15 pp
1967 1.2

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.