Fuel exports (% of merchandise exports) — all countries

Fuel exports (% of merchandise exports) — Cuba

Fuel exports (% of merchandise exports) in Cuba in 2021 — 5.74%. Ranked 68 in the world out of 162. Since 1999, the indicator has risen by 4.47 pp.

2021 5.74% −4.56 pp vs 2020
World rank 68of 162
Period maximum 10.3%2020
Period minimum 0%2006

Trend over time

1999–2021 · % of merchandise exports

Fuel exports (% of merchandise exports) — Cuba, 1999–2021051015199920022005200820112014201720201999: 1.27%2000: 3.13%2001: 1.49%2002: 0.4%2003: 1.5%2004: 0.5%2005: 0.85%2006: 0%2016: 4.17%2017: 2.51%2018: 3.22%2019: 4.41%2020: 10.3%2021: 5.74%
Change over the period: +4.47 pp Annual average: 0.2 pp

Comparison, 2021

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

Cuba 5.74%
World 11.81%
Fuel exports (% of merchandise exports) — Cuba, by year Cuba All countries CSV XLSX
Year % Change, pp
2021 5.74 −4.56 pp
2020 10.3 +5.88 pp
2019 4.41 +1.19 pp
2018 3.22 +0.72 pp
2017 2.51 −1.66 pp
2016 4.17
2006 0 −0.85 pp
2005 0.85 +0.35 pp
2004 0.5 −1 pp
2003 1.5 +1.1 pp
2002 0.4 −1.08 pp
2001 1.49 −1.64 pp
2000 3.13 +1.86 pp
1999 1.27

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.