Fuel imports (% of merchandise imports) — all countries

Fuel imports (% of merchandise imports) — Bahamas

Fuel imports (% of merchandise imports) in the Bahamas in 2024 — 16.28%. Ranked 53 in the world out of 131. Since 1974, the indicator has fallen by 67.27 pp.

2024 16.28% +1.35 pp vs 2023
World rank 53of 131
Period maximum 94.06%1981
Period minimum 6.21%1998

Trend over time

1974–2024 · % of merchandise imports

Fuel imports (% of merchandise imports) — Bahamas, 1974–20240255075100197419791984198919941999200420092014201920241974: 83.55%1975: 91.45%1976: 91.08%1980: 91.04%1981: 94.06%1982: 89.53%1983: 87.19%1984: 82.5%1985: 73.72%1986: 73.73%1987: 66.08%1997: 9.16%1998: 6.21%1999: 9.85%2000: 10.36%2001: 15.19%2002: 12.93%2003: 13.73%2004: 14.49%2005: 19.79%2006: 20.29%2007: 19.85%2008: 26.22%2009: 20.65%2010: 24.01%2011: 27.27%2012: 23.99%2013: 21.6%2014: 22.91%2015: 16.93%2016: 13.73%2017: 15.93%2018: 16.56%2019: 23.15%2020: 17.54%2021: 18.89%2022: 16.08%2023: 14.93%2024: 16.28%
Change over the period: −67.27 pp Annual average: -1.35 pp

Comparison, 2024

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

Bahamas 16.28%
World 13.08%
High-income countries computed 11%
Fuel imports (% of merchandise imports) — Bahamas, by year Bahamas All countries CSV XLSX
Year % Change, pp
2024 16.28 +1.35 pp
2023 14.93 −1.16 pp
2022 16.08 −2.8 pp
2021 18.89 +1.35 pp
2020 17.54 −5.61 pp
2019 23.15 +6.59 pp
2018 16.56 +0.64 pp
2017 15.93 +2.19 pp
2016 13.73 −3.2 pp
2015 16.93 −5.98 pp
2014 22.91 +1.31 pp
2013 21.6 −2.39 pp
2012 23.99 −3.28 pp
2011 27.27 +3.26 pp
2010 24.01 +3.36 pp
2009 20.65 −5.58 pp
2008 26.22 +6.38 pp
2007 19.85 −0.44 pp
2006 20.29 +0.5 pp
2005 19.79 +5.29 pp
2004 14.49 +0.76 pp
2003 13.73 +0.8 pp
2002 12.93 −2.27 pp
2001 15.19 +4.83 pp
2000 10.36 +0.51 pp
1999 9.85 +3.64 pp
1998 6.21 −2.95 pp
1997 9.16
1987 66.08 −7.65 pp
1986 73.73 +0.01 pp
1985 73.72 −8.78 pp
1984 82.5 −4.7 pp
1983 87.19 −2.34 pp
1982 89.53 −4.52 pp
1981 94.06 +3.02 pp
1980 91.04
1976 91.08 −0.37 pp
1975 91.45 +7.89 pp
1974 83.55

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.