Fuel exports (% of merchandise exports) in the United States Virgin Islands in 1978 — 91.29%. Ranked 8 in the world out of 109. Since 1970, the indicator has risen by 26.56 pp.
1970–1978 · % of merchandise exports
How the value compares with the world and the groups this territory belongs to: United States Virgin Islands
| Year | % | Change, pp |
|---|---|---|
| 1978 | 91.29 | +0.07 pp |
| 1977 | 91.22 | — |
| 1973 | 78.74 | +7.8 pp |
| 1972 | 70.94 | +2.78 pp |
| 1971 | 68.15 | +3.43 pp |
| 1970 | 64.73 | — |
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.