Fuel exports (% of merchandise exports) — all countries

Fuel exports (% of merchandise exports) — Gabon

Fuel exports (% of merchandise exports) in Gabon in 2023 — 53.99%. Ranked 18 in the world out of 157. Since 1962, the indicator has risen by 36.55 pp.

2023 53.99% −13.26 pp vs 2022
World rank 18of 157
Period maximum 90.02%2010
Period minimum 14.07%1964

Trend over time

1962–2023 · % of merchandise exports

Fuel exports (% of merchandise exports) — Gabon, 1962–2023025507510019621969197619831990199720042011201820231962: 17.44%1963: 14.51%1964: 14.07%1965: 15.34%1966: 15.67%1967: 30.23%1968: 34.88%1969: 35.3%1970: 42.61%1971: 45.17%1975: 82.89%1976: 78.77%1977: 81.07%1978: 72.5%1979: 78.1%1980: 87.95%1981: 82.53%1982: 84.62%1983: 79.46%1993: 89.32%1994: 86.6%1996: 82.74%1997: 77.6%1998: 83.1%1999: 78.47%2000: 83.33%2001: 82.95%2002: 83.82%2003: 88.37%2004: 76.18%2005: 84.04%2006: 85.61%2007: 83.41%2008: 89.17%2009: 83.13%2010: 90.02%2011: 85.85%2012: 71.3%2013: 65.78%2014: 57.35%2015: 41.95%2016: 30.88%2017: 62.29%2018: 53.46%2019: 54.87%2020: 52.92%2021: 52.31%2022: 67.25%2023: 53.99%
Change over the period: +36.55 pp Annual average: 0.6 pp

Comparison, 2023

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

Gabon 53.99%
World 12.36%
Middle Africa computed 58.05%
Fuel exports (% of merchandise exports) — Gabon, by year Gabon All countries CSV XLSX
Year % Change, pp
2023 53.99 −13.26 pp
2022 67.25 +14.94 pp
2021 52.31 −0.61 pp
2020 52.92 −1.95 pp
2019 54.87 +1.41 pp
2018 53.46 −8.84 pp
2017 62.29 +31.41 pp
2016 30.88 −11.07 pp
2015 41.95 −15.39 pp
2014 57.35 −8.43 pp
2013 65.78 −5.52 pp
2012 71.3 −14.55 pp
2011 85.85 −4.17 pp
2010 90.02 +6.89 pp
2009 83.13 −6.04 pp
2008 89.17 +5.76 pp
2007 83.41 −2.2 pp
2006 85.61 +1.57 pp
2005 84.04 +7.86 pp
2004 76.18 −12.19 pp
2003 88.37 +4.55 pp
2002 83.82 +0.87 pp
2001 82.95 −0.38 pp
2000 83.33 +4.85 pp
1999 78.47 −4.62 pp
1998 83.1 +5.49 pp
1997 77.6 −5.14 pp
1996 82.74
1994 86.6 −2.72 pp
1993 89.32
1983 79.46 −5.16 pp
1982 84.62 +2.09 pp
1981 82.53 −5.41 pp
1980 87.95 +9.85 pp
1979 78.1 +5.6 pp
1978 72.5 −8.57 pp
1977 81.07 +2.3 pp
1976 78.77 −4.12 pp
1975 82.89
1971 45.17 +2.56 pp
1970 42.61 +7.31 pp
1969 35.3 +0.42 pp
1968 34.88 +4.66 pp
1967 30.23 +14.55 pp
1966 15.67 +0.33 pp
1965 15.34 +1.27 pp
1964 14.07 −0.44 pp
1963 14.51 −2.93 pp
1962 17.44

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.