Fuel exports (% of merchandise exports) — all countries

Fuel exports (% of merchandise exports) — Northern Europe

Fuel exports (% of merchandise exports) in Northern Europe in 2024 — 13.27%. Since 1992, the indicator has risen by 4.31 pp.

2024 13.27% −1.41 pp vs 2023
World rank
Period maximum 20.88%2022
Period minimum 5.91%1998

Trend over time

1992–2024 · % of merchandise exports

Fuel exports (% of merchandise exports) — Northern Europe, 1992–202401020301992199620002004200820122016202020241992: 8.96%1994: 8.37%1995: 7.7%1996: 9.33%1997: 8.6%1998: 5.91%1999: 7.52%2000: 11.55%2001: 11.16%2002: 10.82%2003: 11.07%2004: 12.15%2005: 14.13%2006: 14.82%2007: 14.38%2008: 17.89%2009: 15.1%2010: 16.19%2011: 17.57%2012: 19.26%2013: 17.01%2014: 15.73%2015: 11.24%2016: 9.64%2017: 11.24%2018: 12.8%2019: 10.92%2020: 8.3%2021: 13.88%2022: 20.88%2023: 14.68%2024: 13.27%
Change over the period: +4.31 pp Annual average: 0.13 pp

Comparison, 2024

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

Northern Europe 13.27%
World 10.69%
Fuel exports (% of merchandise exports) — Northern Europe, by year Northern Europe All countries CSV XLSX
Year % Change, pp
2024 13.27 −1.41 pp
2023 14.68 −6.2 pp
2022 20.88 +7 pp
2021 13.88 +5.57 pp
2020 8.3 −2.61 pp
2019 10.92 −1.89 pp
2018 12.8 +1.56 pp
2017 11.24 +1.61 pp
2016 9.64 −1.6 pp
2015 11.24 −4.49 pp
2014 15.73 −1.28 pp
2013 17.01 −2.25 pp
2012 19.26 +1.69 pp
2011 17.57 +1.38 pp
2010 16.19 +1.09 pp
2009 15.1 −2.8 pp
2008 17.89 +3.51 pp
2007 14.38 −0.43 pp
2006 14.82 +0.68 pp
2005 14.13 +1.98 pp
2004 12.15 +1.08 pp
2003 11.07 +0.25 pp
2002 10.82 −0.33 pp
2001 11.16 −0.39 pp
2000 11.55 +4.03 pp
1999 7.52 +1.6 pp
1998 5.91 −2.68 pp
1997 8.6 −0.74 pp
1996 9.33 +1.63 pp
1995 7.7 −0.67 pp
1994 8.37
1992 8.96

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.