Fuel exports (% of merchandise exports) — all countries

Fuel exports (% of merchandise exports) — Cayman Islands

Fuel exports (% of merchandise exports) in the Cayman Islands in 2024 — 52.31%. Ranked 14 in the world out of 127. Since 1980, the indicator has risen by 52.3 pp.

2024 52.31% +17.32 pp vs 2023
World rank 14of 127
Period maximum 52.31%2024
Period minimum 0.01%1980

Trend over time

1980–2024 · % of merchandise exports

Fuel exports (% of merchandise exports) — Cayman Islands, 1980–2024020406019801985199019952000200520102015202020241980: 0.01%2020: 11.8%2021: 1.62%2022: 32.01%2023: 34.99%2024: 52.31%
Change over the period: +52.3 pp Annual average: 1.19 pp

Comparison, 2024

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

Cayman Islands 52.31%
World 10.69%
High-income countries computed 12.3%
Fuel exports (% of merchandise exports) — Cayman Islands, by year Cayman Islands All countries CSV XLSX
Year % Change, pp
2024 52.31 +17.32 pp
2023 34.99 +2.98 pp
2022 32.01 +30.4 pp
2021 1.62 −10.18 pp
2020 11.8
1980 0.01

Caribbean, 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.