Fuel exports (% of merchandise exports) in Tuvalu in 2005 — 7.16%. Ranked 60 in the world out of 159. Since 2002, the indicator has risen by 7.02 pp.
2002–2005 · % of merchandise exports
How the value compares with the world and the groups this territory belongs to: Tuvalu
| Year | % | Change, pp |
|---|---|---|
| 2005 | 7.16 | +4.06 pp |
| 2004 | 3.1 | +2.93 pp |
| 2003 | 0.17 | +0.03 pp |
| 2002 | 0.14 | — |
The same indicator for neighboring countries — with links to their pages
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.
