Fuel imports (% of merchandise imports) — all countries

Fuel imports (% of merchandise imports) — Cayman Islands

Fuel imports (% of merchandise imports) in the Cayman Islands in 2024 — 13.61%. Ranked 69 in the world out of 131. Since 1980, the indicator has risen by 1.49 pp.

2024 13.61% −0.49 pp vs 2023
World rank 69of 131
Period maximum 21.2%2013
Period minimum 7.98%2020

Trend over time

1980–2024 · % of merchandise imports

Fuel imports (% of merchandise imports) — Cayman Islands, 1980–202451015202519801985199019952000200520102015202020241980: 12.12%2013: 21.2%2015: 12.39%2020: 7.98%2021: 10.07%2022: 15.48%2023: 14.1%2024: 13.61%
Change over the period: +1.49 pp Annual average: 0.03 pp

Comparison, 2024

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

Cayman Islands 13.61%
World 13.08%
High-income countries computed 11%
Fuel imports (% of merchandise imports) — Cayman Islands, by year Cayman Islands All countries CSV XLSX
Year % Change, pp
2024 13.61 −0.49 pp
2023 14.1 −1.38 pp
2022 15.48 +5.41 pp
2021 10.07 +2.08 pp
2020 7.98
2015 12.39
2013 21.2
1980 12.12

Caribbean, 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.