Fuel exports (% of merchandise exports) — all countries

Fuel exports (% of merchandise exports) — OPEC

Fuel exports (% of merchandise exports) in OPEC in 2019 — 77.98%. Since 1968, the indicator has fallen by 10.75 pp.

2019 77.98% +1.36 pp vs 2018
World rank
Period maximum 97.13%1981
Period minimum 61.98%2016

Trend over time

1968–2019 · % of merchandise exports

Fuel exports (% of merchandise exports) — OPEC, 1968–20196070809010019681974198019861992199820042010201620191968: 88.72%1969: 88.5%1970: 87.52%1971: 89.43%1972: 85.16%1973: 84.07%1974: 91.88%1975: 90.34%1976: 91.1%1977: 96.91%1978: 96.09%1979: 96.26%1981: 97.13%1983: 77.7%1998: 84.89%1999: 89.85%2000: 92.97%2001: 90.76%2002: 80.44%2003: 79.8%2004: 80.64%2005: 82.56%2006: 86.27%2007: 85.71%2008: 86.51%2009: 78.23%2010: 79.87%2011: 78.61%2012: 77.37%2013: 79.95%2014: 76.46%2015: 64.35%2016: 61.98%2017: 64.12%2018: 76.62%2019: 77.98%
Change over the period: −10.75 pp Annual average: -0.21 pp

Comparison, 2019

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

OPEC 77.98%
World 12.34%
Fuel exports (% of merchandise exports) — OPEC, by year OPEC All countries CSV XLSX
Year % Change, pp
2019 77.98 +1.36 pp
2018 76.62 +12.5 pp
2017 64.12 +2.14 pp
2016 61.98 −2.37 pp
2015 64.35 −12.11 pp
2014 76.46 −3.49 pp
2013 79.95 +2.58 pp
2012 77.37 −1.24 pp
2011 78.61 −1.26 pp
2010 79.87 +1.64 pp
2009 78.23 −8.28 pp
2008 86.51 +0.8 pp
2007 85.71 −0.56 pp
2006 86.27 +3.72 pp
2005 82.56 +1.92 pp
2004 80.64 +0.84 pp
2003 79.8 −0.64 pp
2002 80.44 −10.32 pp
2001 90.76 −2.21 pp
2000 92.97 +3.12 pp
1999 89.85 +4.97 pp
1998 84.89
1983 77.7
1981 97.13
1979 96.26 +0.17 pp
1978 96.09 −0.82 pp
1977 96.91 +5.81 pp
1976 91.1 +0.76 pp
1975 90.34 −1.54 pp
1974 91.88 +7.81 pp
1973 84.07 −1.09 pp
1972 85.16 −4.28 pp
1971 89.43 +1.91 pp
1970 87.52 −0.97 pp
1969 88.5 −0.23 pp
1968 88.72

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.