Fuel imports (% of merchandise imports) — all countries

Fuel imports (% of merchandise imports) — Cyprus

Fuel imports (% of merchandise imports) in Cyprus in 2024 — 22.4%. Ranked 23 in the world out of 131. Since 1970, the indicator has risen by 15.28 pp.

2024 22.4% +0.37 pp vs 2023
World rank 23of 131
Period maximum 30.16%2012
Period minimum 5.59%1973

Trend over time

1970–2024 · % of merchandise imports

Fuel imports (% of merchandise imports) — Cyprus, 1970–202401020304019701976198219881994200020062012201820241970: 7.13%1971: 8.01%1972: 6.97%1973: 5.59%1974: 12.87%1975: 15.99%1976: 15.16%1977: 13.94%1978: 11.1%1979: 12.55%1980: 18.62%1981: 21.68%1982: 20.45%1983: 18.85%1984: 18.36%1985: 18.16%1986: 12.75%1987: 12.47%1989: 9.61%1990: 10.55%1991: 10.31%1992: 8.57%1993: 10.16%1994: 8.41%1995: 7.74%1996: 8.49%1997: 8.33%1998: 6.59%1999: 8.7%2000: 12.76%2001: 12.01%2002: 10.9%2003: 9.9%2004: 11.99%2005: 16.12%2006: 18.04%2007: 16.78%2008: 19.65%2009: 17.54%2010: 20.14%2011: 25.07%2012: 30.16%2013: 28.91%2014: 20.87%2015: 17.4%2016: 14.96%2017: 17.69%2018: 20.51%2019: 18.8%2020: 13.99%2021: 18.01%2022: 23.26%2023: 22.03%2024: 22.4%
Change over the period: +15.28 pp Annual average: 0.28 pp

Comparison, 2024

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

Cyprus 22.4%
World 13.08%
Western Asia computed 8.83%
High-income countries computed 11%
Fuel imports (% of merchandise imports) — Cyprus, by year Cyprus All countries CSV XLSX
Year % Change, pp
2024 22.4 +0.37 pp
2023 22.03 −1.24 pp
2022 23.26 +5.25 pp
2021 18.01 +4.02 pp
2020 13.99 −4.8 pp
2019 18.8 −1.72 pp
2018 20.51 +2.83 pp
2017 17.69 +2.73 pp
2016 14.96 −2.45 pp
2015 17.4 −3.47 pp
2014 20.87 −8.03 pp
2013 28.91 −1.25 pp
2012 30.16 +5.08 pp
2011 25.07 +4.93 pp
2010 20.14 +2.59 pp
2009 17.54 −2.11 pp
2008 19.65 +2.87 pp
2007 16.78 −1.26 pp
2006 18.04 +1.93 pp
2005 16.12 +4.13 pp
2004 11.99 +2.09 pp
2003 9.9 −1 pp
2002 10.9 −1.12 pp
2001 12.01 −0.75 pp
2000 12.76 +4.06 pp
1999 8.7 +2.1 pp
1998 6.59 −1.73 pp
1997 8.33 −0.16 pp
1996 8.49 +0.75 pp
1995 7.74 −0.67 pp
1994 8.41 −1.75 pp
1993 10.16 +1.6 pp
1992 8.57 −1.74 pp
1991 10.31 −0.24 pp
1990 10.55 +0.93 pp
1989 9.61
1987 12.47 −0.28 pp
1986 12.75 −5.41 pp
1985 18.16 −0.2 pp
1984 18.36 −0.5 pp
1983 18.85 −1.59 pp
1982 20.45 −1.23 pp
1981 21.68 +3.06 pp
1980 18.62 +6.07 pp
1979 12.55 +1.45 pp
1978 11.1 −2.84 pp
1977 13.94 −1.22 pp
1976 15.16 −0.83 pp
1975 15.99 +3.12 pp
1974 12.87 +7.28 pp
1973 5.59 −1.38 pp
1972 6.97 −1.04 pp
1971 8.01 +0.89 pp
1970 7.13

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.