Fuel exports (% of merchandise exports) — all countries

Fuel exports (% of merchandise exports) — Mongolia

Fuel exports (% of merchandise exports) in Mongolia in 2023 — 61.11%. Ranked 14 in the world out of 157. Since 1996, the indicator has risen by 61.08 pp.

2023 61.11% +7.23 pp vs 2022
World rank 14of 157
Period maximum 61.11%2023
Period minimum 0.03%1996

Trend over time

1996–2023 · % of merchandise exports

Fuel exports (% of merchandise exports) — Mongolia, 1996–202302040608019961999200220052008201120142017202020231996: 0.03%1997: 0.06%1998: 0.22%1999: 0.37%2000: 0.42%2001: 0.73%2002: 0.71%2003: 2.25%2004: 2.99%2005: 3.78%2006: 4.56%2007: 9.01%2013: 38.65%2014: 25.91%2015: 20.61%2016: 26.77%2017: 42.8%2018: 45.79%2019: 45.74%2020: 30.11%2021: 33.08%2022: 53.88%2023: 61.11%
Change over the period: +61.08 pp Annual average: 2.26 pp

Comparison, 2023

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

Mongolia 61.11%
World 12.36%
Eastern Asia computed 2.59%
Fuel exports (% of merchandise exports) — Mongolia, by year Mongolia All countries CSV XLSX
Year % Change, pp
2023 61.11 +7.23 pp
2022 53.88 +20.81 pp
2021 33.08 +2.96 pp
2020 30.11 −15.62 pp
2019 45.74 −0.05 pp
2018 45.79 +2.98 pp
2017 42.8 +16.03 pp
2016 26.77 +6.16 pp
2015 20.61 −5.3 pp
2014 25.91 −12.74 pp
2013 38.65
2007 9.01 +4.45 pp
2006 4.56 +0.79 pp
2005 3.78 +0.78 pp
2004 2.99 +0.74 pp
2003 2.25 +1.54 pp
2002 0.71 −0.02 pp
2001 0.73 +0.31 pp
2000 0.42 +0.05 pp
1999 0.37 +0.15 pp
1998 0.22 +0.16 pp
1997 0.06 +0.03 pp
1996 0.03

Eastern Asia, 2023

The same indicator for neighboring countries — with links to their pages

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.