Fuel exports (% of merchandise exports) — all countries

Fuel exports (% of merchandise exports) — Trinidad and Tobago

Fuel exports (% of merchandise exports) in Trinidad and Tobago in 2024 — 31.31%. Ranked 20 in the world out of 127. Since 1968, the indicator has fallen by 46.5 pp.

2024 31.31% +3.41 pp vs 2023
World rank 20of 127
Period maximum 92.83%1980
Period minimum 23.77%2021

Trend over time

1968–2024 · % of merchandise exports

Fuel exports (% of merchandise exports) — Trinidad and Tobago, 1968–2024025507510019681974198019861992199820042010201620221968: 77.81%1969: 77.15%1970: 77.24%1971: 77.4%1972: 77.76%1973: 82.19%1974: 90.23%1975: 87.05%1976: 90.45%1977: 91.62%1978: 89.56%1979: 90.8%1980: 92.83%1981: 89.58%1982: 87.27%1983: 83.47%1984: 81.01%1985: 79.13%1986: 70.75%1987: 71.21%1991: 66.09%1992: 65.36%1993: 56.49%1994: 49.16%1995: 47.86%1996: 52.57%1997: 48.23%1998: 44.54%1999: 54.08%2000: 65.28%2001: 51.89%2002: 60.08%2003: 68.27%2004: 60.21%2005: 70.2%2006: 76.46%2007: 66.08%2008: 69.97%2009: 79%2010: 66.12%2011: 59.08%2012: 57.78%2013: 63.77%2014: 59.65%2015: 49.32%2016: 37.99%2017: 52.87%2018: 54.81%2019: 43.16%2020: 29.23%2021: 23.77%2022: 28.82%2023: 27.9%2024: 31.31%
Change over the period: −46.5 pp Annual average: -0.83 pp

Comparison, 2024

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

Trinidad and Tobago 31.31%
World 10.69%
High-income countries computed 12.3%
Fuel exports (% of merchandise exports) — Trinidad and Tobago, by year Trinidad and Tobago All countries CSV XLSX
Year % Change, pp
2024 31.31 +3.41 pp
2023 27.9 −0.92 pp
2022 28.82 +5.05 pp
2021 23.77 −5.46 pp
2020 29.23 −13.93 pp
2019 43.16 −11.66 pp
2018 54.81 +1.94 pp
2017 52.87 +14.89 pp
2016 37.99 −11.34 pp
2015 49.32 −10.32 pp
2014 59.65 −4.13 pp
2013 63.77 +5.99 pp
2012 57.78 −1.3 pp
2011 59.08 −7.04 pp
2010 66.12 −12.87 pp
2009 79 +9.02 pp
2008 69.97 +3.89 pp
2007 66.08 −10.38 pp
2006 76.46 +6.26 pp
2005 70.2 +9.99 pp
2004 60.21 −8.06 pp
2003 68.27 +8.18 pp
2002 60.08 +8.19 pp
2001 51.89 −13.39 pp
2000 65.28 +11.19 pp
1999 54.08 +9.54 pp
1998 44.54 −3.69 pp
1997 48.23 −4.34 pp
1996 52.57 +4.71 pp
1995 47.86 −1.3 pp
1994 49.16 −7.33 pp
1993 56.49 −8.87 pp
1992 65.36 −0.73 pp
1991 66.09
1987 71.21 +0.46 pp
1986 70.75 −8.38 pp
1985 79.13 −1.88 pp
1984 81.01 −2.46 pp
1983 83.47 −3.8 pp
1982 87.27 −2.3 pp
1981 89.58 −3.25 pp
1980 92.83 +2.02 pp
1979 90.8 +1.25 pp
1978 89.56 −2.06 pp
1977 91.62 +1.17 pp
1976 90.45 +3.4 pp
1975 87.05 −3.18 pp
1974 90.23 +8.05 pp
1973 82.19 +4.42 pp
1972 77.76 +0.36 pp
1971 77.4 +0.16 pp
1970 77.24 +0.09 pp
1969 77.15 −0.66 pp
1968 77.81

Caribbean, 2024

The same indicator for neighboring countries — with links to their pages

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.