Fuel imports (% of merchandise imports) — all countries

Fuel imports (% of merchandise imports) — Armenia

Fuel imports (% of merchandise imports) in Armenia in 2024 — 6.4%. Ranked 117 in the world out of 131. Since 1997, the indicator has fallen by 20.92 pp.

2024 6.4% −2.16 pp vs 2023
World rank 117of 131
Period maximum 27.32%1997
Period minimum 6.4%2024

Trend over time

1997–2024 · % of merchandise imports

Fuel imports (% of merchandise imports) — Armenia, 1997–2024010203019972000200320062009201220152018202120241997: 27.32%1999: 21.57%2000: 20.75%2001: 22.34%2002: 17.53%2003: 7.5%2004: 15.33%2005: 15.5%2006: 15.98%2007: 15.82%2008: 15.66%2009: 15.58%2010: 17.7%2011: 19.68%2012: 21.21%2013: 22.1%2014: 19.6%2015: 20.7%2016: 17.66%2017: 16.1%2018: 14.11%2019: 15.12%2020: 16.17%2021: 17.07%2022: 13.49%2023: 8.56%2024: 6.4%
Change over the period: −20.92 pp Annual average: -0.77 pp

Comparison, 2024

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

Armenia 6.4%
World 13.08%
Western Asia computed 8.83%
Fuel imports (% of merchandise imports) — Armenia, by year Armenia All countries CSV XLSX
Year % Change, pp
2024 6.4 −2.16 pp
2023 8.56 −4.93 pp
2022 13.49 −3.59 pp
2021 17.07 +0.91 pp
2020 16.17 +1.05 pp
2019 15.12 +1.01 pp
2018 14.11 −1.99 pp
2017 16.1 −1.56 pp
2016 17.66 −3.04 pp
2015 20.7 +1.1 pp
2014 19.6 −2.5 pp
2013 22.1 +0.89 pp
2012 21.21 +1.53 pp
2011 19.68 +1.98 pp
2010 17.7 +2.12 pp
2009 15.58 −0.08 pp
2008 15.66 −0.16 pp
2007 15.82 −0.16 pp
2006 15.98 +0.48 pp
2005 15.5 +0.17 pp
2004 15.33 +7.82 pp
2003 7.5 −10.02 pp
2002 17.53 −4.81 pp
2001 22.34 +1.58 pp
2000 20.75 −0.82 pp
1999 21.57
1997 27.32

About the indicator

The share of fuel in merchandise imports — the reverse side of fuel dependence. The indicator measures vulnerability to rising energy prices: a country spending a quarter of its imports on fuel loses as much when prices double as an exporter does when they fall. The series reacts visibly to oil shocks, and it shows that in the 1970s the share of fuel in the imports of developed countries rose several times over.

Important: The share is of value, not of volume, so it rises when fuel becomes more expensive even with no change in physical deliveries. The aggregate is weighted by merchandise imports — the denominator of the indicator.

Source: UNCTADstat (UNCTAD), license CC BY 3.0 IGO.