Fuel exports (% of merchandise exports) — all countries

Fuel exports (% of merchandise exports) — Palau

Fuel exports (% of merchandise exports) in Palau in 2017 — 0.46%. Ranked 132 in the world out of 173. Since 2012, the indicator has risen by 0.34 pp.

2017 0.46% +0.41 pp vs 2016
World rank 132of 173
Period maximum 0.46%2017
Period minimum 0.05%2016

Trend over time

2012–2017 · % of merchandise exports

Fuel exports (% of merchandise exports) — Palau, 2012–201700.20.40.62012201320142015201620172012: 0.11%2016: 0.05%2017: 0.46%
Change over the period: +0.34 pp Annual average: 0.07 pp

Comparison, 2017

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

Palau 0.46%
World 11.18%
Fuel exports (% of merchandise exports) — Palau, by year Palau All countries CSV XLSX
Year % Change, pp
2017 0.46 +0.41 pp
2016 0.05
2012 0.11

Micronesia, 2017

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

KI Kiribati 7.24 PW Palau 0.46

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.