Fuel exports (% of merchandise exports) — all countries

Fuel exports (% of merchandise exports) — Middle Africa

Fuel exports (% of merchandise exports) in Middle Africa in 2023 — 58.05%. Since 1962, the indicator has risen by 55.47 pp.

2023 58.05% −14.8 pp vs 2022
World rank
Period maximum 91.25%2012
Period minimum 2.57%1962

Trend over time

1962–2023 · % of merchandise exports

Fuel exports (% of merchandise exports) — Middle Africa, 1962–2023025507510019621969197619831990199720042011201820231962: 2.57%1965: 3%1970: 7.2%1971: 18.3%1973: 12.26%1974: 23.29%1975: 36.52%2008: 89.43%2011: 89.11%2012: 91.25%2015: 61.58%2016: 55.01%2017: 64.45%2018: 64.71%2019: 67.64%2020: 57.04%2021: 56.81%2022: 72.85%2023: 58.05%
Change over the period: +55.47 pp Annual average: 0.91 pp

Comparison, 2023

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

Middle Africa 58.05%
World 12.36%
Fuel exports (% of merchandise exports) — Middle Africa, by year Middle Africa All countries CSV XLSX
Year % Change, pp
2023 58.05 −14.8 pp
2022 72.85 +16.04 pp
2021 56.81 −0.24 pp
2020 57.04 −10.6 pp
2019 67.64 +2.94 pp
2018 64.71 +0.26 pp
2017 64.45 +9.44 pp
2016 55.01 −6.57 pp
2015 61.58
2012 91.25 +2.14 pp
2011 89.11
2008 89.43
1975 36.52 +13.23 pp
1974 23.29 +11.04 pp
1973 12.26
1971 18.3 +11.11 pp
1970 7.2
1965 3
1962 2.57

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.