Fuel imports (% of merchandise imports) — all countries

Fuel imports (% of merchandise imports) — G20

Fuel imports (% of merchandise imports) in the G20 in 2024 — 13.65%. Since 1962, the indicator has risen by 1.43 pp.

2024 13.65% −1.26 pp vs 2023
World rank
Period maximum 27.69%1981
Period minimum 6.67%1998

Trend over time

1962–2024 · % of merchandise imports

Fuel imports (% of merchandise imports) — G20, 1962–2024010203019621969197619831990199720042011201820241962: 12.22%1964: 12.24%1966: 10.99%1968: 10.63%1970: 10.9%1972: 12.21%1974: 24.15%1976: 24.68%1978: 20.38%1980: 26.84%1982: 25.85%1984: 20.94%1986: 12.39%1989: 10.4%1991: 11.02%1993: 9.67%1995: 7.95%1997: 9.12%1999: 7.54%2001: 10.4%2003: 10.86%2005: 14.7%2007: 15.12%2009: 15.42%2011: 18.59%2013: 18.37%2015: 11.67%2017: 11.82%2019: 12.85%2021: 12.37%2023: 14.91%2024: 13.65%
Change over the period: +1.43 pp Annual average: 0.02 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: G20

G20 13.65%
World 13.08%
Fuel imports (% of merchandise imports) — G20, by year G20 All countries CSV XLSX
Year % Change, pp
2024 13.65 −1.26 pp
2023 14.91 −2.39 pp
2022 17.3 +4.92 pp
2021 12.37 +2.85 pp
2020 9.53 −3.33 pp
2019 12.85 −0.97 pp
2018 13.82 +2 pp
2017 11.82 +1.84 pp
2016 9.98 −1.69 pp
2015 11.67 −5.45 pp
2014 17.12 −1.25 pp
2013 18.37 −0.85 pp
2012 19.22 +0.63 pp
2011 18.59 +2.27 pp
2010 16.32 +0.9 pp
2009 15.42 −3.58 pp
2008 19 +3.88 pp
2007 15.12 −0.5 pp
2006 15.62 +0.92 pp
2005 14.7 +2.6 pp
2004 12.1 +1.24 pp
2003 10.86 +1.02 pp
2002 9.83 −0.57 pp
2001 10.4 −0.47 pp
2000 10.88 +3.33 pp
1999 7.54 +0.87 pp
1998 6.67 −2.45 pp
1997 9.12 +0.08 pp
1996 9.04 +1.08 pp
1995 7.95 −0.41 pp
1994 8.37 −1.3 pp
1993 9.67 −0.22 pp
1992 9.89 −1.13 pp
1991 11.02 −0.91 pp
1990 11.93 +1.52 pp
1989 10.4
1987 11.59 −0.79 pp
1986 12.39 −6.68 pp
1985 19.06 −1.88 pp
1984 20.94 −2.31 pp
1983 23.25 −2.6 pp
1982 25.85 −1.84 pp
1981 27.69 +0.85 pp
1980 26.84 +4 pp
1979 22.84 +2.46 pp
1978 20.38 −3.11 pp
1977 23.49 −1.19 pp
1976 24.68 +0.52 pp
1975 24.16 +0.01 pp
1974 24.15 +10.81 pp
1973 13.34 +1.13 pp
1972 12.21 −0.59 pp
1971 12.8 +1.9 pp
1970 10.9 +0.93 pp
1969 9.97 −0.66 pp
1968 10.63 −1.04 pp
1967 11.68 +0.68 pp
1966 10.99 −1.04 pp
1965 12.04 −0.2 pp
1964 12.24 −0.11 pp
1963 12.35 +0.13 pp
1962 12.22

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.