Fuel imports (% of merchandise imports) — all countries

Fuel imports (% of merchandise imports) — Ecuador

Fuel imports (% of merchandise imports) in Ecuador in 2024 — 25.01%. Ranked 16 in the world out of 131. Since 1962, the indicator has risen by 22.67 pp.

2024 25.01% +0.88 pp vs 2023
World rank 16of 131
Period maximum 25.01%2024
Period minimum 0.89%1977

Trend over time

1962–2024 · % of merchandise imports

Fuel imports (% of merchandise imports) — Ecuador, 1962–2024010203019621969197619831990199720042011201820241962: 2.33%1963: 13.13%1964: 3.3%1965: 8.59%1966: 3.12%1967: 10.13%1968: 3.98%1969: 6.91%1970: 6.25%1971: 8.4%1972: 6.59%1973: 3.06%1974: 17.61%1975: 2.08%1976: 1.19%1977: 0.89%1978: 0.91%1980: 1.28%1981: 13.15%1982: 1.62%1983: 1.63%1984: 1.57%1985: 5.7%1986: 4.18%1987: 1.68%1990: 2.09%1991: 1.09%1992: 4.02%1993: 1.66%1994: 2.98%1995: 5.89%1996: 4.4%1997: 8.5%1998: 5.96%1999: 8.2%2000: 8.14%2001: 5.61%2002: 4.5%2003: 10.24%2004: 10.16%2005: 12.01%2006: 21.17%2007: 20.82%2008: 19.15%2009: 17.67%2010: 21.27%2011: 22.25%2012: 22.39%2013: 23.27%2014: 24.16%2015: 19.62%2016: 16.36%2017: 17.02%2018: 19.53%2019: 19.4%2020: 15.48%2021: 18.88%2022: 24.35%2023: 24.13%2024: 25.01%
Change over the period: +22.67 pp Annual average: 0.37 pp

Comparison, 2024

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

Ecuador 25.01%
World 13.08%
South America computed 14.06%
Fuel imports (% of merchandise imports) — Ecuador, by year Ecuador All countries CSV XLSX
Year % Change, pp
2024 25.01 +0.88 pp
2023 24.13 −0.22 pp
2022 24.35 +5.47 pp
2021 18.88 +3.41 pp
2020 15.48 −3.93 pp
2019 19.4 −0.13 pp
2018 19.53 +2.51 pp
2017 17.02 +0.66 pp
2016 16.36 −3.25 pp
2015 19.62 −4.54 pp
2014 24.16 +0.89 pp
2013 23.27 +0.88 pp
2012 22.39 +0.14 pp
2011 22.25 +0.98 pp
2010 21.27 +3.6 pp
2009 17.67 −1.47 pp
2008 19.15 −1.67 pp
2007 20.82 −0.35 pp
2006 21.17 +9.16 pp
2005 12.01 +1.84 pp
2004 10.16 −0.08 pp
2003 10.24 +5.75 pp
2002 4.5 −1.11 pp
2001 5.61 −2.53 pp
2000 8.14 −0.06 pp
1999 8.2 +2.24 pp
1998 5.96 −2.54 pp
1997 8.5 +4.1 pp
1996 4.4 −1.5 pp
1995 5.89 +2.91 pp
1994 2.98 +1.31 pp
1993 1.66 −2.36 pp
1992 4.02 +2.93 pp
1991 1.09 −1.01 pp
1990 2.09
1987 1.68 −2.5 pp
1986 4.18 −1.52 pp
1985 5.7 +4.14 pp
1984 1.57 −0.07 pp
1983 1.63 +0.02 pp
1982 1.62 −11.53 pp
1981 13.15 +11.87 pp
1980 1.28
1978 0.91 +0.02 pp
1977 0.89 −0.3 pp
1976 1.19 −0.89 pp
1975 2.08 −15.53 pp
1974 17.61 +14.55 pp
1973 3.06 −3.53 pp
1972 6.59 −1.81 pp
1971 8.4 +2.15 pp
1970 6.25 −0.66 pp
1969 6.91 +2.93 pp
1968 3.98 −6.15 pp
1967 10.13 +7.01 pp
1966 3.12 −5.47 pp
1965 8.59 +5.3 pp
1964 3.3 −9.83 pp
1963 13.13 +10.79 pp
1962 2.33

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.