Fuel exports (% of merchandise exports) in the Faroe Islands in 2009 — 2.8%. Ranked 96 in the world out of 165. Since 1997, the indicator has risen by 2.8 pp.
1997–2009 · % of merchandise exports
How the value compares with the world and the groups this territory belongs to: Faroe Islands
| Year | % | Change, pp |
|---|---|---|
| 2009 | 2.8 | +0.68 pp |
| 2008 | 2.12 | +0.39 pp |
| 2007 | 1.73 | −0.22 pp |
| 2006 | 1.95 | — |
| 2000 | 0 | −0 pp |
| 1999 | 0 | +0 pp |
| 1998 | 0 | −0 pp |
| 1997 | 0 | — |
The same indicator for neighboring countries — with links to their pages
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.
What part of merchandise imports a country spends on oil, gas and coal.
Trade Ores and metals exports (% of merchandise exports)What part of merchandise exports is ores, concentrates and metals.
Trade Merchandise exportsExports of goods only, without services — WTO data.
