Fuel imports (% of merchandise imports) — all countries

Fuel imports (% of merchandise imports) — Bermuda

Fuel imports (% of merchandise imports) in Bermuda in 2024 — 11.5%. Ranked 87 in the world out of 131. Since 1971, the indicator has risen by 7.61 pp.

2024 11.5% +3.26 pp vs 2023
World rank 87of 131
Period maximum 17.33%1979
Period minimum 3.53%1972

Trend over time

1971–2024 · % of merchandise imports

Fuel imports (% of merchandise imports) — Bermuda, 1971–20240510152019711977198319891995200120072013201920241971: 3.9%1972: 3.53%1973: 5.91%1974: 13.15%1975: 9.94%1976: 11.79%1977: 11.17%1978: 12.29%1979: 17.33%1980: 17.19%1981: 13.54%1982: 14.5%1983: 14.28%1984: 12.26%1985: 14.37%1995: 6.44%1997: 7.71%2005: 8.94%2006: 8.94%2007: 9.18%2008: 9.04%2009: 11.04%2010: 10.08%2011: 10.15%2012: 9.36%2013: 15.86%2014: 15.87%2015: 9.87%2016: 8.46%2017: 7.3%2018: 12.13%2019: 8.92%2020: 5.82%2021: 8.59%2022: 11.86%2023: 8.25%2024: 11.5%
Change over the period: +7.61 pp Annual average: 0.14 pp

Comparison, 2024

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

Bermuda 11.5%
World 13.08%
Northern America computed 7.34%
High-income countries computed 11%
Fuel imports (% of merchandise imports) — Bermuda, by year Bermuda All countries CSV XLSX
Year % Change, pp
2024 11.5 +3.26 pp
2023 8.25 −3.61 pp
2022 11.86 +3.28 pp
2021 8.59 +2.77 pp
2020 5.82 −3.1 pp
2019 8.92 −3.21 pp
2018 12.13 +4.83 pp
2017 7.3 −1.17 pp
2016 8.46 −1.41 pp
2015 9.87 −6 pp
2014 15.87 +0.01 pp
2013 15.86 +6.5 pp
2012 9.36 −0.79 pp
2011 10.15 +0.07 pp
2010 10.08 −0.96 pp
2009 11.04 +2 pp
2008 9.04 −0.14 pp
2007 9.18 +0.24 pp
2006 8.94 −0 pp
2005 8.94
1997 7.71
1995 6.44
1985 14.37 +2.11 pp
1984 12.26 −2.02 pp
1983 14.28 −0.22 pp
1982 14.5 +0.96 pp
1981 13.54 −3.66 pp
1980 17.19 −0.14 pp
1979 17.33 +5.04 pp
1978 12.29 +1.11 pp
1977 11.17 −0.61 pp
1976 11.79 +1.85 pp
1975 9.94 −3.21 pp
1974 13.15 +7.25 pp
1973 5.91 +2.37 pp
1972 3.53 −0.36 pp
1971 3.9

Northern America, 2024

The same indicator for neighboring countries — with links to their pages

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.