Fuel exports (% of merchandise exports) — all countries

Fuel exports (% of merchandise exports) — Western Africa

Fuel exports (% of merchandise exports) in Western Africa in 2023 — 50.09%. Since 1964, the indicator has risen by 44.46 pp.

2023 50.09% −4.23 pp vs 2022
World rank
Period maximum 74.75%2007
Period minimum 5.63%1964

Trend over time

1964–2023 · % of merchandise exports

Fuel exports (% of merchandise exports) — Western Africa, 1964–2023020406080196419701976198219881994200020062012201820231964: 5.63%1967: 12.05%1970: 25.95%1971: 40.21%1972: 45.56%1973: 50.3%1974: 69.13%1975: 66.6%1978: 60.99%1979: 73.36%1997: 63.56%1998: 51.3%1999: 61.03%2000: 74.16%2001: 69.02%2007: 74.75%2008: 74.63%2009: 68.12%2010: 66.88%2011: 72.16%2012: 67.8%2013: 65.98%2014: 69.58%2015: 56.98%2016: 50.93%2017: 57.6%2018: 61.64%2019: 58.57%2020: 48.4%2021: 47.61%2022: 54.33%2023: 50.09%
Change over the period: +44.46 pp Annual average: 0.75 pp

Comparison, 2023

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

Western Africa 50.09%
World 12.36%
Fuel exports (% of merchandise exports) — Western Africa, by year Western Africa All countries CSV XLSX
Year % Change, pp
2023 50.09 −4.23 pp
2022 54.33 +6.72 pp
2021 47.61 −0.79 pp
2020 48.4 −10.17 pp
2019 58.57 −3.07 pp
2018 61.64 +4.04 pp
2017 57.6 +6.67 pp
2016 50.93 −6.05 pp
2015 56.98 −12.61 pp
2014 69.58 +3.6 pp
2013 65.98 −1.82 pp
2012 67.8 −4.36 pp
2011 72.16 +5.28 pp
2010 66.88 −1.25 pp
2009 68.12 −6.51 pp
2008 74.63 −0.11 pp
2007 74.75
2001 69.02 −5.14 pp
2000 74.16 +13.13 pp
1999 61.03 +9.74 pp
1998 51.3 −12.27 pp
1997 63.56
1979 73.36 +12.37 pp
1978 60.99
1975 66.6 −2.53 pp
1974 69.13 +18.83 pp
1973 50.3 +4.74 pp
1972 45.56 +5.35 pp
1971 40.21 +14.25 pp
1970 25.95
1967 12.05
1964 5.63

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.