Fuel exports (% of merchandise exports) — all countries

Fuel exports (% of merchandise exports) — Ecuador

Fuel exports (% of merchandise exports) in Ecuador in 2024 — 27.48%. Ranked 23 in the world out of 127. Since 1962, the indicator has risen by 27.34 pp.

2024 27.48% −1.38 pp vs 2023
World rank 23of 127
Period maximum 73.88%1983
Period minimum 0.13%1963

Trend over time

1962–2024 · % of merchandise exports

Fuel exports (% of merchandise exports) — Ecuador, 1962–202402040608019621969197619831990199720042011201820241962: 0.14%1963: 0.13%1964: 0.4%1965: 1.63%1968: 0.55%1969: 0.4%1970: 0.49%1971: 1.03%1972: 18.36%1973: 53.16%1974: 62.01%1975: 60.38%1976: 58.88%1977: 49.67%1978: 46.13%1979: 55.99%1980: 63.07%1981: 61.89%1982: 64.25%1983: 73.88%1984: 69.6%1985: 62.86%1986: 41.77%1987: 40.43%1990: 51.9%1991: 40.4%1992: 43.94%1993: 41.39%1994: 33.95%1995: 35.08%1996: 36.32%1997: 29.73%1998: 21.96%1999: 33.24%2000: 50.65%2001: 40.88%2002: 40.98%2003: 43.16%2004: 55.66%2005: 59.47%2006: 59.27%2007: 59.99%2008: 62.28%2009: 50.23%2010: 55.3%2011: 57.78%2012: 57.85%2013: 56.52%2014: 51.61%2015: 36.34%2016: 32.72%2017: 36.26%2018: 40.79%2019: 39.17%2020: 26.06%2021: 32.29%2022: 35.48%2023: 28.86%2024: 27.48%
Change over the period: +27.34 pp Annual average: 0.44 pp

Comparison, 2024

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

Ecuador 27.48%
World 10.69%
South America computed 16.93%
Fuel exports (% of merchandise exports) — Ecuador, by year Ecuador All countries CSV XLSX
Year % Change, pp
2024 27.48 −1.38 pp
2023 28.86 −6.62 pp
2022 35.48 +3.2 pp
2021 32.29 +6.23 pp
2020 26.06 −13.11 pp
2019 39.17 −1.62 pp
2018 40.79 +4.53 pp
2017 36.26 +3.54 pp
2016 32.72 −3.63 pp
2015 36.34 −15.27 pp
2014 51.61 −4.91 pp
2013 56.52 −1.33 pp
2012 57.85 +0.07 pp
2011 57.78 +2.48 pp
2010 55.3 +5.07 pp
2009 50.23 −12.05 pp
2008 62.28 +2.29 pp
2007 59.99 +0.72 pp
2006 59.27 −0.2 pp
2005 59.47 +3.81 pp
2004 55.66 +12.5 pp
2003 43.16 +2.19 pp
2002 40.98 +0.1 pp
2001 40.88 −9.77 pp
2000 50.65 +17.41 pp
1999 33.24 +11.28 pp
1998 21.96 −7.77 pp
1997 29.73 −6.6 pp
1996 36.32 +1.24 pp
1995 35.08 +1.12 pp
1994 33.95 −7.43 pp
1993 41.39 −2.55 pp
1992 43.94 +3.54 pp
1991 40.4 −11.49 pp
1990 51.9
1987 40.43 −1.34 pp
1986 41.77 −21.08 pp
1985 62.86 −6.74 pp
1984 69.6 −4.28 pp
1983 73.88 +9.62 pp
1982 64.25 +2.36 pp
1981 61.89 −1.18 pp
1980 63.07 +7.07 pp
1979 55.99 +9.87 pp
1978 46.13 −3.54 pp
1977 49.67 −9.21 pp
1976 58.88 −1.5 pp
1975 60.38 −1.63 pp
1974 62.01 +8.85 pp
1973 53.16 +34.8 pp
1972 18.36 +17.33 pp
1971 1.03 +0.53 pp
1970 0.49 +0.09 pp
1969 0.4 −0.15 pp
1968 0.55
1965 1.63 +1.23 pp
1964 0.4 +0.27 pp
1963 0.13 −0.01 pp
1962 0.14

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.