Fuel exports (% of merchandise exports) — all countries

Fuel exports (% of merchandise exports) — Venezuela

Fuel exports (% of merchandise exports) in Venezuela in 2013 — 97.68%. Ranked 4 in the world out of 164. Since 1962, the indicator has risen by 5.31 pp.

2013 97.68% −1.09 pp vs 2012
World rank 4of 164
Period maximum 98.76%2012
Period minimum 67.2%2011

Trend over time

1962–2013 · % of merchandise exports

Fuel exports (% of merchandise exports) — Venezuela, 1962–20136070809010019621968197419801986199219982004201020131962: 92.36%1963: 92.91%1964: 91.1%1965: 92.52%1966: 93.4%1967: 93.42%1968: 93.46%1969: 92.36%1970: 91.02%1971: 91.52%1972: 90.57%1973: 93.09%1974: 95.13%1975: 94.64%1976: 93.83%1977: 92.61%1978: 94.47%1979: 92.76%1980: 94.01%1981: 92.85%1982: 94.99%1983: 95.43%1984: 93.13%1985: 79.97%1986: 84.06%1987: 87.14%1990: 80.06%1991: 80.85%1992: 79.92%1993: 77.61%1994: 75.94%1995: 76.25%1996: 80.76%1997: 78.92%1998: 70.64%1999: 81.4%2000: 86.09%2001: 83.04%2002: 80.12%2003: 82.24%2004: 83.42%2005: 87.82%2006: 92.56%2008: 93.74%2009: 95.9%2010: 93.4%2011: 67.2%2012: 98.76%2013: 97.68%
Change over the period: +5.31 pp Annual average: 0.1 pp

Comparison, 2013

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

Venezuela 97.68%
World 14.53%
South America computed 27.99%
Fuel exports (% of merchandise exports) — Venezuela, by year Venezuela All countries CSV XLSX
Year % Change, pp
2013 97.68 −1.09 pp
2012 98.76 +31.57 pp
2011 67.2 −26.2 pp
2010 93.4 −2.5 pp
2009 95.9 +2.16 pp
2008 93.74
2006 92.56 +4.74 pp
2005 87.82 +4.4 pp
2004 83.42 +1.18 pp
2003 82.24 +2.12 pp
2002 80.12 −2.93 pp
2001 83.04 −3.04 pp
2000 86.09 +4.68 pp
1999 81.4 +10.77 pp
1998 70.64 −8.28 pp
1997 78.92 −1.84 pp
1996 80.76 +4.51 pp
1995 76.25 +0.31 pp
1994 75.94 −1.67 pp
1993 77.61 −2.31 pp
1992 79.92 −0.93 pp
1991 80.85 +0.79 pp
1990 80.06
1987 87.14 +3.07 pp
1986 84.06 +4.09 pp
1985 79.97 −13.16 pp
1984 93.13 −2.3 pp
1983 95.43 +0.44 pp
1982 94.99 +2.14 pp
1981 92.85 −1.17 pp
1980 94.01 +1.25 pp
1979 92.76 −1.7 pp
1978 94.47 +1.86 pp
1977 92.61 −1.22 pp
1976 93.83 −0.81 pp
1975 94.64 −0.49 pp
1974 95.13 +2.04 pp
1973 93.09 +2.52 pp
1972 90.57 −0.95 pp
1971 91.52 +0.51 pp
1970 91.02 −1.34 pp
1969 92.36 −1.1 pp
1968 93.46 +0.04 pp
1967 93.42 +0.02 pp
1966 93.4 +0.88 pp
1965 92.52 +1.42 pp
1964 91.1 −1.81 pp
1963 92.91 +0.55 pp
1962 92.36

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.