Fuel exports (% of merchandise exports) — all countries

Fuel exports (% of merchandise exports) — Georgia

Fuel exports (% of merchandise exports) in Georgia in 2024 — 2.34%. Ranked 81 in the world out of 127. Since 1996, the indicator has fallen by 16.5 pp.

2024 2.34% −1.75 pp vs 2023
World rank 81of 127
Period maximum 18.84%1996
Period minimum 0.38%2020

Trend over time

1996–2024 · % of merchandise exports

Fuel exports (% of merchandise exports) — Georgia, 1996–20240510152019961999200220052008201120142017202020231996: 18.84%1997: 16.78%1998: 11.17%1999: 9.71%2000: 8.13%2001: 9.13%2002: 5.45%2003: 5.05%2004: 3.52%2005: 3.23%2006: 3.15%2007: 3.72%2008: 2.95%2009: 4.38%2010: 5.03%2011: 4.13%2012: 2.95%2013: 3.27%2014: 3.77%2015: 8.14%2016: 3.43%2017: 4.1%2018: 1.97%2019: 0.72%2020: 0.38%2021: 0.79%2022: 2.61%2023: 4.09%2024: 2.34%
Change over the period: −16.5 pp Annual average: -0.59 pp

Comparison, 2024

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

Georgia 2.34%
World 10.69%
Western Asia computed 53.96%
Fuel exports (% of merchandise exports) — Georgia, by year Georgia All countries CSV XLSX
Year % Change, pp
2024 2.34 −1.75 pp
2023 4.09 +1.48 pp
2022 2.61 +1.81 pp
2021 0.79 +0.41 pp
2020 0.38 −0.34 pp
2019 0.72 −1.25 pp
2018 1.97 −2.13 pp
2017 4.1 +0.67 pp
2016 3.43 −4.71 pp
2015 8.14 +4.37 pp
2014 3.77 +0.5 pp
2013 3.27 +0.32 pp
2012 2.95 −1.18 pp
2011 4.13 −0.9 pp
2010 5.03 +0.66 pp
2009 4.38 +1.43 pp
2008 2.95 −0.77 pp
2007 3.72 +0.58 pp
2006 3.15 −0.08 pp
2005 3.23 −0.29 pp
2004 3.52 −1.53 pp
2003 5.05 −0.4 pp
2002 5.45 −3.68 pp
2001 9.13 +1 pp
2000 8.13 −1.58 pp
1999 9.71 −1.46 pp
1998 11.17 −5.61 pp
1997 16.78 −2.06 pp
1996 18.84

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.