Fuel exports (% of merchandise exports) — all countries

Fuel exports (% of merchandise exports) — BRICS

Fuel exports (% of merchandise exports) in BRICS in 2024 — 5.33%. Since 1974, the indicator has fallen by 32.05 pp.

2024 5.33% −7.75 pp vs 2023
World rank
Period maximum 37.39%1974
Period minimum 5.33%2024

Trend over time

1974–2024 · % of merchandise exports

Fuel exports (% of merchandise exports) — BRICS, 1974–2024010203040197419791984198919941999200420092014201920241974: 37.39%1975: 36.32%1976: 37.12%1977: 35.54%1978: 33.1%1979: 34.12%1983: 26.86%1984: 25.84%1992: 9.56%1993: 8.22%1994: 6.76%1995: 6.77%1996: 15.37%1997: 17.28%1998: 13.2%1999: 20.94%2000: 24.81%2001: 23.75%2002: 19.23%2003: 18.94%2004: 19.17%2005: 21.46%2006: 22.23%2007: 19%2008: 21.53%2009: 16.94%2010: 19.65%2011: 21.51%2012: 19.39%2013: 20.55%2014: 18.66%2015: 13.19%2016: 11.15%2017: 12.92%2018: 17.59%2019: 17.03%2020: 12.63%2021: 13.86%2022: 13.8%2023: 13.08%2024: 5.33%
Change over the period: −32.05 pp Annual average: -0.64 pp

Comparison, 2024

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

BRICS 5.33%
World 10.69%
Fuel exports (% of merchandise exports) — BRICS, by year BRICS All countries CSV XLSX
Year % Change, pp
2024 5.33 −7.75 pp
2023 13.08 −0.72 pp
2022 13.8 −0.06 pp
2021 13.86 +1.24 pp
2020 12.63 −4.41 pp
2019 17.03 −0.56 pp
2018 17.59 +4.67 pp
2017 12.92 +1.77 pp
2016 11.15 −2.04 pp
2015 13.19 −5.47 pp
2014 18.66 −1.89 pp
2013 20.55 +1.16 pp
2012 19.39 −2.12 pp
2011 21.51 +1.86 pp
2010 19.65 +2.71 pp
2009 16.94 −4.59 pp
2008 21.53 +2.54 pp
2007 19 −3.23 pp
2006 22.23 +0.77 pp
2005 21.46 +2.29 pp
2004 19.17 +0.24 pp
2003 18.94 −0.29 pp
2002 19.23 −4.52 pp
2001 23.75 −1.06 pp
2000 24.81 +3.87 pp
1999 20.94 +7.74 pp
1998 13.2 −4.08 pp
1997 17.28 +1.91 pp
1996 15.37 +8.6 pp
1995 6.77 +0 pp
1994 6.76 −1.46 pp
1993 8.22 −1.34 pp
1992 9.56
1984 25.84 −1.02 pp
1983 26.86
1979 34.12 +1.01 pp
1978 33.1 −2.44 pp
1977 35.54 −1.58 pp
1976 37.12 +0.8 pp
1975 36.32 −1.06 pp
1974 37.39

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.