Fuel imports (% of merchandise imports) — all countries

Fuel imports (% of merchandise imports) — Cuba

Fuel imports (% of merchandise imports) in Cuba in 2021 — 30.9%. Ranked 6 in the world out of 165. Since 1989, the indicator has fallen by 1.52 pp.

2021 30.9% +8.58 pp vs 2020
World rank 6of 165
Period maximum 32.41%1989
Period minimum 0.1%2006

Trend over time

1989–2021 · % of merchandise imports

Fuel imports (% of merchandise imports) — Cuba, 1989–20210102030401989199319972001200520092013201720211989: 32.41%1999: 16.64%2000: 23.91%2001: 20.17%2002: 20.79%2003: 21.57%2004: 23.36%2005: 26.05%2006: 0.1%2016: 19.39%2017: 24.61%2018: 28.82%2019: 25.96%2020: 22.31%2021: 30.9%
Change over the period: −1.52 pp Annual average: -0.05 pp

Comparison, 2021

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

Cuba 30.9%
World 11.54%
Fuel imports (% of merchandise imports) — Cuba, by year Cuba All countries CSV XLSX
Year % Change, pp
2021 30.9 +8.58 pp
2020 22.31 −3.65 pp
2019 25.96 −2.86 pp
2018 28.82 +4.21 pp
2017 24.61 +5.22 pp
2016 19.39
2006 0.1 −25.94 pp
2005 26.05 +2.69 pp
2004 23.36 +1.79 pp
2003 21.57 +0.78 pp
2002 20.79 +0.62 pp
2001 20.17 −3.74 pp
2000 23.91 +7.27 pp
1999 16.64
1989 32.41

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.