Fuel imports (% of merchandise imports) — all countries

Fuel imports (% of merchandise imports) — BRICS

Fuel imports (% of merchandise imports) in BRICS in 2024 — 21.73%. Since 1974, the indicator has risen by 7.93 pp.

2024 21.73% +1.08 pp vs 2023
World rank
Period maximum 25.59%1983
Period minimum 7.5%1998

Trend over time

1974–2024 · % of merchandise imports

Fuel imports (% of merchandise imports) — BRICS, 1974–20240102030197419791984198919941999200420092014201920241974: 13.8%1975: 9.51%1976: 13.92%1977: 15.1%1978: 18.38%1979: 23.01%1980: 25.52%1981: 25.56%1983: 25.59%1984: 18.01%1985: 13.3%1992: 10%1993: 9.31%1994: 7.82%1995: 8.71%1996: 9.04%1997: 9.36%1998: 7.5%1999: 9.16%2000: 12.64%2001: 10.45%2002: 9.96%2003: 10.24%2004: 11.71%2005: 13.35%2006: 14.51%2007: 14.2%2008: 16.93%2009: 14.31%2010: 15.02%2011: 17.12%2012: 18.89%2013: 18.03%2014: 18.01%2015: 13.24%2016: 11.93%2017: 14.4%2018: 17.46%2019: 18.03%2020: 14.46%2021: 16.04%2022: 21.45%2023: 20.64%2024: 21.73%
Change over the period: +7.93 pp Annual average: 0.16 pp

Comparison, 2024

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

BRICS 21.73%
World 13.08%
Fuel imports (% of merchandise imports) — BRICS, by year BRICS All countries CSV XLSX
Year % Change, pp
2024 21.73 +1.08 pp
2023 20.64 −0.81 pp
2022 21.45 +5.41 pp
2021 16.04 +1.58 pp
2020 14.46 −3.56 pp
2019 18.03 +0.56 pp
2018 17.46 +3.06 pp
2017 14.4 +2.48 pp
2016 11.93 −1.31 pp
2015 13.24 −4.77 pp
2014 18.01 −0.01 pp
2013 18.03 −0.87 pp
2012 18.89 +1.77 pp
2011 17.12 +2.1 pp
2010 15.02 +0.71 pp
2009 14.31 −2.62 pp
2008 16.93 +2.73 pp
2007 14.2 −0.31 pp
2006 14.51 +1.15 pp
2005 13.35 +1.65 pp
2004 11.71 +1.47 pp
2003 10.24 +0.27 pp
2002 9.96 −0.48 pp
2001 10.45 −2.19 pp
2000 12.64 +3.48 pp
1999 9.16 +1.66 pp
1998 7.5 −1.86 pp
1997 9.36 +0.33 pp
1996 9.04 +0.33 pp
1995 8.71 +0.89 pp
1994 7.82 −1.49 pp
1993 9.31 −0.69 pp
1992 10
1985 13.3 −4.72 pp
1984 18.01 −7.58 pp
1983 25.59
1981 25.56 +0.04 pp
1980 25.52 +2.52 pp
1979 23.01 +4.63 pp
1978 18.38 +3.28 pp
1977 15.1 +1.18 pp
1976 13.92 +4.4 pp
1975 9.51 −4.29 pp
1974 13.8

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.