Fuel exports (% of merchandise exports) — all countries

Fuel exports (% of merchandise exports) — Bermuda

Fuel exports (% of merchandise exports) in Bermuda in 2024 — 0%. Ranked 120 in the world out of 127. Since 1971, the indicator has fallen by 3.65 pp.

2024 0% −0 pp vs 2023
World rank 120of 127
Period maximum 55.03%1979
Period minimum 0%2024

Trend over time

1971–2024 · % of merchandise exports

Fuel exports (% of merchandise exports) — Bermuda, 1971–2024020406019711977198319891995200120072013201920241971: 3.65%1972: 10.39%1973: 13.36%1974: 27.88%1975: 34.44%1976: 34.47%1977: 41.68%1978: 39.78%1979: 55.03%1980: 44.38%1981: 37.83%1982: 0.09%1983: 0.86%1984: 0%1985: 0%2012: 6.32%2015: 0.05%2016: 0.19%2017: 0.15%2018: 0.05%2019: 0.01%2020: 0.04%2021: 0.02%2022: 0.02%2023: 0.01%2024: 0%
Change over the period: −3.65 pp Annual average: -0.07 pp

Comparison, 2024

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

Bermuda 0%
World 10.69%
North America 20.32%
Northern America computed 20.34%
High-income countries computed 12.3%
Fuel exports (% of merchandise exports) — Bermuda, by year Bermuda All countries CSV XLSX
Year % Change, pp
2024 0 −0 pp
2023 0.01 −0.02 pp
2022 0.02 +0 pp
2021 0.02 −0.02 pp
2020 0.04 +0.03 pp
2019 0.01 −0.04 pp
2018 0.05 −0.1 pp
2017 0.15 −0.04 pp
2016 0.19 +0.14 pp
2015 0.05
2012 6.32
1985 0 +0 pp
1984 0 −0.85 pp
1983 0.86 +0.76 pp
1982 0.09 −37.74 pp
1981 37.83 −6.55 pp
1980 44.38 −10.65 pp
1979 55.03 +15.25 pp
1978 39.78 −1.9 pp
1977 41.68 +7.22 pp
1976 34.47 +0.03 pp
1975 34.44 +6.56 pp
1974 27.88 +14.52 pp
1973 13.36 +2.97 pp
1972 10.39 +6.74 pp
1971 3.65

Northern America, 2024

The same indicator for neighboring countries — with links to their pages

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.