Fuel exports (% of merchandise exports) — all countries

Fuel exports (% of merchandise exports) — Eritrea

Fuel exports (% of merchandise exports) in Eritrea in 2002 — 0%. Ranked 150 in the world out of 154.

2002 0% +0 pp vs 2001
World rank 150of 154
Period maximum 0%2001
Period minimum 0%2001

Trend over time

2001–2002 · % of merchandise exports

Fuel exports (% of merchandise exports) — Eritrea, 2001–2002-1-0.500.51200120022001: 0%2002: 0%
Change over the period: +0 pp Annual average: 0 pp

Comparison, 2002

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

Eritrea 0%
World 10.29%
Eastern Africa computed 4.87%
Fuel exports (% of merchandise exports) — Eritrea, by year Eritrea All countries CSV XLSX
Year % Change, pp
2002 0 +0 pp
2001 0

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.