Fuel exports (% of merchandise exports) — all countries

Fuel exports (% of merchandise exports) — Latin America & Caribbean

Fuel exports (% of merchandise exports) in Latin America & Caribbean in 2024 — 9.84%. Since 1962, the indicator has risen by 2.2 pp.

2024 9.84% −0.55 pp vs 2023
World rank
Period maximum 42.95%1982
Period minimum 6.53%1972

Trend over time

1962–2024 · % of merchandise exports

Fuel exports (% of merchandise exports) — Latin America & Caribbean, 1962–2024020406019621969197619831990199720042011201820241962: 7.64%1963: 7.61%1964: 7.3%1965: 7.04%1967: 6.97%1968: 7.05%1969: 7.24%1970: 7%1971: 6.83%1972: 6.53%1973: 7.41%1974: 9.6%1975: 14.39%1976: 14.29%1977: 17.09%1978: 19.24%1979: 25.81%1980: 36.52%1981: 39.92%1982: 42.95%1983: 37.24%1984: 36.55%1985: 35.25%1986: 21.19%1987: 25.81%1990: 27%1991: 23.06%1992: 15.81%1993: 13.39%1994: 11.72%1995: 11.05%1996: 12.52%1997: 11.07%1998: 8.63%1999: 10.63%2000: 13.69%2001: 12.73%2002: 13.23%2003: 14.59%2004: 15.02%2005: 17.14%2006: 17.8%2007: 14.44%2008: 19.12%2009: 17.09%2010: 17.58%2011: 17.7%2012: 18.51%2013: 17.34%2014: 12.82%2015: 9.02%2016: 7.72%2017: 9.17%2018: 10.9%2019: 10.12%2020: 7.86%2021: 9.32%2022: 11.52%2023: 10.4%2024: 9.84%
Change over the period: +2.2 pp Annual average: 0.04 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Latin America & Caribbean

Latin America & Caribbean 9.84%
World 10.69%
Fuel exports (% of merchandise exports) — Latin America & Caribbean, by year Latin America & Caribbean All countries CSV XLSX
Year % Change, pp
2024 9.84 −0.55 pp
2023 10.4 −1.13 pp
2022 11.52 +2.2 pp
2021 9.32 +1.46 pp
2020 7.86 −2.26 pp
2019 10.12 −0.77 pp
2018 10.9 +1.73 pp
2017 9.17 +1.45 pp
2016 7.72 −1.3 pp
2015 9.02 −3.8 pp
2014 12.82 −4.52 pp
2013 17.34 −1.17 pp
2012 18.51 +0.81 pp
2011 17.7 +0.12 pp
2010 17.58 +0.49 pp
2009 17.09 −2.03 pp
2008 19.12 +4.68 pp
2007 14.44 −3.36 pp
2006 17.8 +0.66 pp
2005 17.14 +2.13 pp
2004 15.02 +0.43 pp
2003 14.59 +1.37 pp
2002 13.23 +0.49 pp
2001 12.73 −0.96 pp
2000 13.69 +3.06 pp
1999 10.63 +2.01 pp
1998 8.63 −2.45 pp
1997 11.07 −1.45 pp
1996 12.52 +1.47 pp
1995 11.05 −0.67 pp
1994 11.72 −1.67 pp
1993 13.39 −2.42 pp
1992 15.81 −7.25 pp
1991 23.06 −3.95 pp
1990 27
1987 25.81 +4.62 pp
1986 21.19 −14.06 pp
1985 35.25 −1.3 pp
1984 36.55 −0.68 pp
1983 37.24 −5.71 pp
1982 42.95 +3.03 pp
1981 39.92 +3.4 pp
1980 36.52 +10.71 pp
1979 25.81 +6.57 pp
1978 19.24 +2.16 pp
1977 17.09 +2.8 pp
1976 14.29 −0.1 pp
1975 14.39 +4.8 pp
1974 9.6 +2.19 pp
1973 7.41 +0.87 pp
1972 6.53 −0.3 pp
1971 6.83 −0.17 pp
1970 7 −0.24 pp
1969 7.24 +0.19 pp
1968 7.05 +0.08 pp
1967 6.97
1965 7.04 −0.26 pp
1964 7.3 −0.31 pp
1963 7.61 −0.03 pp
1962 7.64

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.