Fuel exports (% of merchandise exports) — all countries

Fuel exports (% of merchandise exports) — Cyprus

Fuel exports (% of merchandise exports) in Cyprus in 2024 — 49.07%. Ranked 15 in the world out of 127. Since 1972, the indicator has risen by 48.78 pp.

2024 49.07% +0.35 pp vs 2023
World rank 15of 127
Period maximum 49.07%2024
Period minimum 0%2008

Trend over time

1972–2024 · % of merchandise exports

Fuel exports (% of merchandise exports) — Cyprus, 1972–2024020406019721978198419901996200220082014202020241972: 0.29%1974: 0.03%1975: 0.42%1976: 3.85%1977: 1.85%1978: 2.43%1979: 5.06%1980: 5.23%1981: 5.68%1982: 6.96%1983: 8.38%1984: 6.3%1985: 8.11%1986: 5.88%1987: 5.2%1989: 1.79%1990: 1.91%1991: 1.72%1992: 2.2%1993: 2.37%1994: 2.61%1995: 1.62%1996: 2.59%1997: 1.93%1998: 2.61%1999: 3.02%2000: 5.92%2001: 5.09%2002: 3.88%2003: 3.59%2004: 0.97%2005: 0.04%2006: 0.05%2007: 0.01%2008: 0%2009: 0%2010: 0%2011: 0.01%2012: 0%2013: 0%2014: 0%2015: 11.71%2016: 19.46%2017: 30.99%2018: 40.97%2019: 26.31%2020: 20.04%2021: 26.25%2022: 27.49%2023: 48.72%2024: 49.07%
Change over the period: +48.78 pp Annual average: 0.94 pp

Comparison, 2024

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

Cyprus 49.07%
World 10.69%
Western Asia computed 53.96%
High-income countries computed 12.3%
Fuel exports (% of merchandise exports) — Cyprus, by year Cyprus All countries CSV XLSX
Year % Change, pp
2024 49.07 +0.35 pp
2023 48.72 +21.24 pp
2022 27.49 +1.24 pp
2021 26.25 +6.21 pp
2020 20.04 −6.26 pp
2019 26.31 −14.66 pp
2018 40.97 +9.97 pp
2017 30.99 +11.53 pp
2016 19.46 +7.75 pp
2015 11.71 +11.71 pp
2014 0 −0 pp
2013 0 +0 pp
2012 0 −0.01 pp
2011 0.01 +0.01 pp
2010 0 +0 pp
2009 0 +0 pp
2008 0 −0.01 pp
2007 0.01 −0.05 pp
2006 0.05 +0.01 pp
2005 0.04 −0.93 pp
2004 0.97 −2.62 pp
2003 3.59 −0.3 pp
2002 3.88 −1.2 pp
2001 5.09 −0.83 pp
2000 5.92 +2.9 pp
1999 3.02 +0.41 pp
1998 2.61 +0.68 pp
1997 1.93 −0.66 pp
1996 2.59 +0.97 pp
1995 1.62 −0.98 pp
1994 2.61 +0.23 pp
1993 2.37 +0.17 pp
1992 2.2 +0.48 pp
1991 1.72 −0.19 pp
1990 1.91 +0.12 pp
1989 1.79
1987 5.2 −0.68 pp
1986 5.88 −2.23 pp
1985 8.11 +1.8 pp
1984 6.3 −2.08 pp
1983 8.38 +1.42 pp
1982 6.96 +1.28 pp
1981 5.68 +0.45 pp
1980 5.23 +0.18 pp
1979 5.06 +2.63 pp
1978 2.43 +0.58 pp
1977 1.85 −2.01 pp
1976 3.85 +3.43 pp
1975 0.42 +0.39 pp
1974 0.03
1972 0.29

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.