Fuel exports (% of merchandise exports) — all countries

Fuel exports (% of merchandise exports) — Serbia

Fuel exports (% of merchandise exports) in Serbia in 2007 — 2.62%. Ranked 99 in the world out of 162. Since 1992, the indicator has fallen by 3.21 pp.

2007 2.62% −0.89 pp vs 2006
World rank 99of 162
Period maximum 5.83%1992
Period minimum 0.26%2000

Trend over time

1992–2007 · % of merchandise exports

Fuel exports (% of merchandise exports) — Serbia, 1992–200702461992199419961998200020022004200620071992: 5.83%1996: 2.12%1997: 1.96%1998: 2.73%1999: 2.38%2000: 0.26%2001: 2.64%2002: 3.41%2004: 2.4%2005: 3.66%2006: 3.51%2007: 2.62%
Change over the period: −3.21 pp Annual average: -0.21 pp

Comparison, 2007

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

Serbia 2.62%
World 12.38%
Southern Europe computed 4.51%
Fuel exports (% of merchandise exports) — Serbia, by year Serbia All countries CSV XLSX
Year % Change, pp
2007 2.62 −0.89 pp
2006 3.51 −0.15 pp
2005 3.66 +1.26 pp
2004 2.4
2002 3.41 +0.77 pp
2001 2.64 +2.38 pp
2000 0.26 −2.13 pp
1999 2.38 −0.35 pp
1998 2.73 +0.77 pp
1997 1.96 −0.16 pp
1996 2.12
1992 5.83

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.