Fuel imports (% of merchandise imports) — all countries

Fuel imports (% of merchandise imports) — Cabo Verde

Fuel imports (% of merchandise imports) in Cabo Verde in 2024 — 14.36%. Ranked 65 in the world out of 131. Since 1978, the indicator has risen by 9.76 pp.

2024 14.36% −32.25 pp vs 2023
World rank 65of 131
Period maximum 52.7%2022
Period minimum 4.46%1998

Trend over time

1978–2024 · % of merchandise imports

Fuel imports (% of merchandise imports) — Cabo Verde, 1978–2024020406019781983198819931998200320082013201820231978: 4.6%1979: 8.55%1980: 9.93%1997: 5.88%1998: 4.46%1999: 5.52%2000: 6.1%2001: 5.62%2002: 6.24%2003: 13.15%2004: 7.66%2005: 8.89%2006: 8.92%2007: 11.06%2008: 11.2%2009: 11.65%2010: 11.94%2011: 19.26%2012: 14.6%2013: 21.25%2014: 15.43%2015: 12.84%2016: 8.84%2017: 10.07%2018: 12%2019: 42.02%2020: 32.64%2021: 34.47%2022: 52.7%2023: 46.6%2024: 14.36%
Change over the period: +9.76 pp Annual average: 0.21 pp

Comparison, 2024

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

Cabo Verde 14.36%
World 13.08%
Fuel imports (% of merchandise imports) — Cabo Verde, by year Cabo Verde All countries CSV XLSX
Year % Change, pp
2024 14.36 −32.25 pp
2023 46.6 −6.09 pp
2022 52.7 +18.23 pp
2021 34.47 +1.83 pp
2020 32.64 −9.38 pp
2019 42.02 +30.02 pp
2018 12 +1.93 pp
2017 10.07 +1.23 pp
2016 8.84 −4 pp
2015 12.84 −2.58 pp
2014 15.43 −5.83 pp
2013 21.25 +6.66 pp
2012 14.6 −4.66 pp
2011 19.26 +7.32 pp
2010 11.94 +0.29 pp
2009 11.65 +0.45 pp
2008 11.2 +0.15 pp
2007 11.06 +2.14 pp
2006 8.92 +0.03 pp
2005 8.89 +1.24 pp
2004 7.66 −5.49 pp
2003 13.15 +6.91 pp
2002 6.24 +0.62 pp
2001 5.62 −0.47 pp
2000 6.1 +0.58 pp
1999 5.52 +1.05 pp
1998 4.46 −1.42 pp
1997 5.88
1980 9.93 +1.38 pp
1979 8.55 +3.95 pp
1978 4.6

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.