Fuel exports (% of merchandise exports) — all countries

Fuel exports (% of merchandise exports) — Guinea

Fuel exports (% of merchandise exports) in Guinea in 2016 — 0.47%. Ranked 125 in the world out of 165. Since 1995, the indicator has risen by 0.47 pp.

2016 0.47% +0.25 pp vs 2015
World rank 125of 165
Period maximum 1.03%2008
Period minimum 0%1995

Trend over time

1995–2016 · % of merchandise exports

Fuel exports (% of merchandise exports) — Guinea, 1995–201600.511.5199519982001200420072010201320161995: 0%1996: 0.02%1997: 0.01%1998: 0.01%1999: 0.02%2000: 0.03%2001: 0.76%2002: 0.06%2004: 0.27%2005: 0%2006: 0.31%2007: 0.86%2008: 1.03%2013: 0.29%2014: 0.29%2015: 0.21%2016: 0.47%
Change over the period: +0.47 pp Annual average: 0.02 pp

Comparison, 2016

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

Guinea 0.47%
World 10.3%
Western Africa computed 50.93%
Fuel exports (% of merchandise exports) — Guinea, by year Guinea All countries CSV XLSX
Year % Change, pp
2016 0.47 +0.25 pp
2015 0.21 −0.08 pp
2014 0.29 −0 pp
2013 0.29
2008 1.03 +0.16 pp
2007 0.86 +0.56 pp
2006 0.31 +0.31 pp
2005 0 −0.27 pp
2004 0.27
2002 0.06 −0.71 pp
2001 0.76 +0.73 pp
2000 0.03 +0.01 pp
1999 0.02 +0.01 pp
1998 0.01 +0.01 pp
1997 0.01 −0.01 pp
1996 0.02 +0.02 pp
1995 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.