Fuel imports (% of merchandise imports) — all countries

Fuel imports (% of merchandise imports) — Georgia

Fuel imports (% of merchandise imports) in Georgia in 2024 — 11.21%. Ranked 89 in the world out of 131. Since 1996, the indicator has fallen by 27.55 pp.

2024 11.21% +0.07 pp vs 2023
World rank 89of 131
Period maximum 38.77%1996
Period minimum 11.14%2023

Trend over time

1996–2024 · % of merchandise imports

Fuel imports (% of merchandise imports) — Georgia, 1996–202401020304019961999200220052008201120142017202020231996: 38.77%1997: 27.41%1998: 24.49%1999: 22.97%2000: 19.56%2001: 20.8%2002: 20.75%2003: 18.02%2004: 17.23%2005: 19.9%2006: 19.41%2007: 17.57%2008: 18.02%2009: 18.07%2010: 18.31%2011: 17.83%2012: 17.36%2013: 17.35%2014: 16.65%2015: 17%2016: 14.1%2017: 14.65%2018: 14.33%2019: 13.61%2020: 11.87%2021: 13.1%2022: 14.64%2023: 11.14%2024: 11.21%
Change over the period: −27.55 pp Annual average: -0.98 pp

Comparison, 2024

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

Georgia 11.21%
World 13.08%
Western Asia computed 8.83%
Fuel imports (% of merchandise imports) — Georgia, by year Georgia All countries CSV XLSX
Year % Change, pp
2024 11.21 +0.07 pp
2023 11.14 −3.5 pp
2022 14.64 +1.55 pp
2021 13.1 +1.23 pp
2020 11.87 −1.74 pp
2019 13.61 −0.73 pp
2018 14.33 −0.31 pp
2017 14.65 +0.55 pp
2016 14.1 −2.9 pp
2015 17 +0.35 pp
2014 16.65 −0.69 pp
2013 17.35 −0.01 pp
2012 17.36 −0.48 pp
2011 17.83 −0.47 pp
2010 18.31 +0.24 pp
2009 18.07 +0.05 pp
2008 18.02 +0.45 pp
2007 17.57 −1.84 pp
2006 19.41 −0.49 pp
2005 19.9 +2.67 pp
2004 17.23 −0.79 pp
2003 18.02 −2.73 pp
2002 20.75 −0.05 pp
2001 20.8 +1.25 pp
2000 19.56 −3.41 pp
1999 22.97 −1.52 pp
1998 24.49 −2.92 pp
1997 27.41 −11.36 pp
1996 38.77

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.