Fuel exports (% of merchandise exports) — all countries

Fuel exports (% of merchandise exports) — Kuwait

Fuel exports (% of merchandise exports) in Kuwait in 2024 — 90.73%. Ranked 3 in the world out of 127. Since 1970, the indicator has fallen by 3.27 pp.

2024 90.73% −4.78 pp vs 2023
World rank 3of 127
Period maximum 96.49%2008
Period minimum 0.19%1988

Trend over time

1970–2024 · % of merchandise exports

Fuel exports (% of merchandise exports) — Kuwait, 1970–2024025507510019701976198219881994200020062012201820241970: 94%1971: 94.59%1972: 93.57%1973: 92.35%1974: 94.59%1975: 91.53%1976: 89.77%1977: 88.36%1978: 88.55%1979: 89.75%1980: 88.85%1981: 83.6%1982: 75.65%1983: 79.09%1984: 82.78%1986: 0.28%1987: 0.24%1988: 0.19%1989: 2.95%1990: 92.31%1991: 80.36%1992: 94.53%1993: 95.07%1994: 93.87%1995: 94.68%1996: 95.22%1997: 95.05%1998: 89.13%1999: 90.64%2000: 94.31%2001: 93.23%2002: 92.5%2003: 93.44%2004: 94.6%2006: 96.48%2007: 96.3%2008: 96.49%2009: 93.21%2010: 92.75%2011: 94.84%2013: 94.22%2014: 95.22%2015: 92.5%2016: 92.74%2017: 93.57%2018: 90.9%2019: 94.37%2020: 92.88%2021: 94.63%2022: 96.04%2023: 95.52%2024: 90.73%
Change over the period: −3.27 pp Annual average: -0.06 pp

Comparison, 2024

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

Kuwait 90.73%
World 10.69%
Western Asia computed 53.96%
High-income countries computed 12.3%
Fuel exports (% of merchandise exports) — Kuwait, by year Kuwait All countries CSV XLSX
Year % Change, pp
2024 90.73 −4.78 pp
2023 95.52 −0.52 pp
2022 96.04 +1.41 pp
2021 94.63 +1.75 pp
2020 92.88 −1.49 pp
2019 94.37 +3.47 pp
2018 90.9 −2.68 pp
2017 93.57 +0.84 pp
2016 92.74 +0.24 pp
2015 92.5 −2.72 pp
2014 95.22 +1 pp
2013 94.22
2011 94.84 +2.09 pp
2010 92.75 −0.46 pp
2009 93.21 −3.28 pp
2008 96.49 +0.19 pp
2007 96.3 −0.17 pp
2006 96.48
2004 94.6 +1.16 pp
2003 93.44 +0.94 pp
2002 92.5 −0.73 pp
2001 93.23 −1.08 pp
2000 94.31 +3.67 pp
1999 90.64 +1.51 pp
1998 89.13 −5.92 pp
1997 95.05 −0.17 pp
1996 95.22 +0.55 pp
1995 94.68 +0.81 pp
1994 93.87 −1.2 pp
1993 95.07 +0.54 pp
1992 94.53 +14.17 pp
1991 80.36 −11.95 pp
1990 92.31 +89.35 pp
1989 2.95 +2.77 pp
1988 0.19 −0.05 pp
1987 0.24 −0.04 pp
1986 0.28
1984 82.78 +3.69 pp
1983 79.09 +3.44 pp
1982 75.65 −7.95 pp
1981 83.6 −5.25 pp
1980 88.85 −0.9 pp
1979 89.75 +1.2 pp
1978 88.55 +0.19 pp
1977 88.36 −1.41 pp
1976 89.77 −1.76 pp
1975 91.53 −3.06 pp
1974 94.59 +2.24 pp
1973 92.35 −1.22 pp
1972 93.57 −1.02 pp
1971 94.59 +0.58 pp
1970 94

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.