Fuel exports (% of merchandise exports) — all countries

Fuel exports (% of merchandise exports) — Saudi Arabia

Fuel exports (% of merchandise exports) in Saudi Arabia in 2024 — 79.4%. Ranked 8 in the world out of 127. Since 1968, the indicator has fallen by 20.34 pp.

2024 79.4% −1.91 pp vs 2023
World rank 8of 127
Period maximum 99.78%1974
Period minimum 72.59%2020

Trend over time

1968–2024 · % of merchandise exports

Fuel exports (% of merchandise exports) — Saudi Arabia, 1968–202470809010019681974198019861992199820042010201620221968: 99.74%1969: 99.72%1974: 99.78%1975: 99.32%1976: 99.69%1977: 99.66%1978: 99.18%1979: 99.1%1980: 99.19%1981: 99.27%1982: 98.79%1985: 96.38%1991: 94.09%1992: 88.08%1993: 91.96%1994: 90.77%1995: 87.6%1996: 89.55%1998: 85.3%1999: 89.4%2000: 92.26%2001: 89.47%2002: 89.63%2003: 89.68%2004: 89.82%2005: 91.04%2006: 90.98%2007: 90.17%2008: 91.37%2009: 87.8%2010: 87.62%2011: 88.73%2012: 88.63%2013: 87.57%2014: 85.17%2015: 78.43%2016: 77.55%2017: 79.85%2018: 81%2019: 80.05%2020: 72.59%2021: 76.61%2022: 82.19%2023: 81.31%2024: 79.4%
Change over the period: −20.34 pp Annual average: -0.36 pp

Comparison, 2024

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

Saudi Arabia 79.4%
World 10.69%
Western Asia computed 53.96%
High-income countries computed 12.3%
Fuel exports (% of merchandise exports) — Saudi Arabia, by year Saudi Arabia All countries CSV XLSX
Year % Change, pp
2024 79.4 −1.91 pp
2023 81.31 −0.88 pp
2022 82.19 +5.59 pp
2021 76.61 +4.01 pp
2020 72.59 −7.46 pp
2019 80.05 −0.94 pp
2018 81 +1.15 pp
2017 79.85 +2.3 pp
2016 77.55 −0.88 pp
2015 78.43 −6.74 pp
2014 85.17 −2.4 pp
2013 87.57 −1.06 pp
2012 88.63 −0.1 pp
2011 88.73 +1.1 pp
2010 87.62 −0.18 pp
2009 87.8 −3.57 pp
2008 91.37 +1.2 pp
2007 90.17 −0.81 pp
2006 90.98 −0.06 pp
2005 91.04 +1.22 pp
2004 89.82 +0.14 pp
2003 89.68 +0.05 pp
2002 89.63 +0.16 pp
2001 89.47 −2.79 pp
2000 92.26 +2.86 pp
1999 89.4 +4.11 pp
1998 85.3
1996 89.55 +1.95 pp
1995 87.6 −3.17 pp
1994 90.77 −1.19 pp
1993 91.96 +3.88 pp
1992 88.08 −6.01 pp
1991 94.09
1985 96.38
1982 98.79 −0.48 pp
1981 99.27 +0.08 pp
1980 99.19 +0.09 pp
1979 99.1 −0.09 pp
1978 99.18 −0.48 pp
1977 99.66 −0.03 pp
1976 99.69 +0.37 pp
1975 99.32 −0.46 pp
1974 99.78
1969 99.72 −0.01 pp
1968 99.74

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.