Fuel exports (% of merchandise exports) — all countries

Fuel exports (% of merchandise exports) — South America

Fuel exports (% of merchandise exports) in South America in 2024 — 16.93%. Since 1965, the indicator has fallen by 13.95 pp.

2024 16.93% +0.12 pp vs 2023
World rank
Period maximum 37.91%1974
Period minimum 10.04%2016

Trend over time

1965–2024 · % of merchandise exports

Fuel exports (% of merchandise exports) — South America, 1965–2024010203040196519711977198319891995200120072013201920241965: 30.88%1968: 30.87%1970: 26.18%1971: 26.99%1972: 24.3%1973: 26.62%1974: 37.91%1975: 34.73%1976: 31.85%1977: 27.49%1978: 25.87%1979: 29.7%1980: 33.35%1981: 35.53%1982: 35.51%1983: 31.41%1984: 31.44%1985: 27.31%1986: 19.34%1987: 22.02%1992: 19.13%1993: 18.11%1994: 16.66%1995: 16.78%1996: 20.41%1997: 18.42%1998: 14.19%1999: 19.55%2000: 26.97%2001: 23.4%2002: 23.15%2003: 22.33%2004: 22.86%2005: 26.24%2006: 26.76%2007: 12.59%2008: 28.72%2009: 25.31%2010: 24.71%2011: 23.48%2012: 29.88%2013: 27.99%2014: 16.93%2015: 11.89%2016: 10.04%2017: 12.03%2018: 14.86%2019: 14.58%2020: 11.29%2021: 12.99%2022: 17.76%2023: 16.8%2024: 16.93%
Change over the period: −13.95 pp Annual average: -0.24 pp

Comparison, 2024

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

South America 16.93%
World 10.69%
Fuel exports (% of merchandise exports) — South America, by year South America All countries CSV XLSX
Year % Change, pp
2024 16.93 +0.12 pp
2023 16.8 −0.96 pp
2022 17.76 +4.77 pp
2021 12.99 +1.7 pp
2020 11.29 −3.29 pp
2019 14.58 −0.28 pp
2018 14.86 +2.83 pp
2017 12.03 +1.99 pp
2016 10.04 −1.85 pp
2015 11.89 −5.04 pp
2014 16.93 −11.06 pp
2013 27.99 −1.89 pp
2012 29.88 +6.4 pp
2011 23.48 −1.23 pp
2010 24.71 −0.6 pp
2009 25.31 −3.41 pp
2008 28.72 +16.13 pp
2007 12.59 −14.17 pp
2006 26.76 +0.52 pp
2005 26.24 +3.39 pp
2004 22.86 +0.53 pp
2003 22.33 −0.82 pp
2002 23.15 −0.25 pp
2001 23.4 −3.57 pp
2000 26.97 +7.42 pp
1999 19.55 +5.36 pp
1998 14.19 −4.22 pp
1997 18.42 −1.99 pp
1996 20.41 +3.63 pp
1995 16.78 +0.12 pp
1994 16.66 −1.45 pp
1993 18.11 −1.01 pp
1992 19.13
1987 22.02 +2.67 pp
1986 19.34 −7.96 pp
1985 27.31 −4.13 pp
1984 31.44 +0.03 pp
1983 31.41 −4.1 pp
1982 35.51 −0.02 pp
1981 35.53 +2.18 pp
1980 33.35 +3.65 pp
1979 29.7 +3.83 pp
1978 25.87 −1.62 pp
1977 27.49 −4.36 pp
1976 31.85 −2.88 pp
1975 34.73 −3.18 pp
1974 37.91 +11.29 pp
1973 26.62 +2.32 pp
1972 24.3 −2.69 pp
1971 26.99 +0.81 pp
1970 26.18
1968 30.87
1965 30.88

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.