Fuel imports (% of merchandise imports) — all countries

Fuel imports (% of merchandise imports) — G7

Fuel imports (% of merchandise imports) in the G7 in 2024 — 9.99%. Since 1962, the indicator has fallen by 2.55 pp.

2024 9.99% −1.45 pp vs 2023
World rank
Period maximum 29.79%1981
Period minimum 6.43%1998

Trend over time

1962–2024 · % of merchandise imports

Fuel imports (% of merchandise imports) — G7, 1962–2024010203019621969197619831990199720042011201820241962: 12.54%1964: 12.67%1966: 11.42%1968: 11.14%1970: 11.4%1972: 12.65%1974: 25.83%1976: 26.22%1978: 21.54%1980: 28.37%1982: 27.49%1984: 22.28%1986: 12.96%1988: 9.25%1990: 11.67%1992: 9.96%1994: 8.5%1996: 9.01%1998: 6.43%2000: 10.43%2002: 9.58%2004: 12.07%2006: 15.71%2008: 19.64%2010: 16.55%2012: 19.03%2014: 15.94%2016: 8.52%2018: 11.19%2020: 7.03%2022: 14.55%2024: 9.99%
Change over the period: −2.55 pp Annual average: -0.04 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: G7

G7 9.99%
World 13.08%
Fuel imports (% of merchandise imports) — G7, by year G7 All countries CSV XLSX
Year % Change, pp
2024 9.99 −1.45 pp
2023 11.44 −3.12 pp
2022 14.55 +4.57 pp
2021 9.98 +2.96 pp
2020 7.03 −3.07 pp
2019 10.1 −1.09 pp
2018 11.19 +1.23 pp
2017 9.96 +1.44 pp
2016 8.52 −1.81 pp
2015 10.33 −5.61 pp
2014 15.94 −1.95 pp
2013 17.89 −1.14 pp
2012 19.03 +0.27 pp
2011 18.76 +2.22 pp
2010 16.55 +0.94 pp
2009 15.6 −4.04 pp
2008 19.64 +4.29 pp
2007 15.35 −0.36 pp
2006 15.71 +0.75 pp
2005 14.96 +2.88 pp
2004 12.07 +1.24 pp
2003 10.83 +1.25 pp
2002 9.58 −0.57 pp
2001 10.15 −0.28 pp
2000 10.43 +3.33 pp
1999 7.1 +0.67 pp
1998 6.43 −2.45 pp
1997 8.87 −0.14 pp
1996 9.01 +1.18 pp
1995 7.83 −0.67 pp
1994 8.5 −1.27 pp
1993 9.77 −0.19 pp
1992 9.96 −0.93 pp
1991 10.89 −0.78 pp
1990 11.67 +1.42 pp
1989 10.25 +1 pp
1988 9.25 −2.57 pp
1987 11.82 −1.14 pp
1986 12.96 −7.38 pp
1985 20.34 −1.94 pp
1984 22.28 −1.97 pp
1983 24.25 −3.24 pp
1982 27.49 −2.31 pp
1981 29.79 +1.42 pp
1980 28.37 +4.36 pp
1979 24.02 +2.48 pp
1978 21.54 −3.29 pp
1977 24.83 −1.39 pp
1976 26.22 −0.03 pp
1975 26.24 +0.41 pp
1974 25.83 +11.97 pp
1973 13.86 +1.21 pp
1972 12.65 −0.71 pp
1971 13.36 +1.96 pp
1970 11.4 +1.02 pp
1969 10.38 −0.76 pp
1968 11.14 −1.11 pp
1967 12.25 +0.84 pp
1966 11.42 −1.11 pp
1965 12.53 −0.13 pp
1964 12.67 −0.06 pp
1963 12.73 +0.19 pp
1962 12.54

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.