Fuel imports (% of merchandise imports) — all countries

Fuel imports (% of merchandise imports) — Grenada

Fuel imports (% of merchandise imports) in Grenada in 2024 — 16.6%. Ranked 48 in the world out of 131. Since 1977, the indicator has risen by 8.58 pp.

2024 16.6% −1.03 pp vs 2023
World rank 48of 131
Period maximum 29.2%2012
Period minimum 5.41%1998

Trend over time

1977–2024 · % of merchandise imports

Fuel imports (% of merchandise imports) — Grenada, 1977–2024010203019771982198719921997200220072012201720221977: 8.01%1978: 7.59%1979: 9.6%1980: 12.78%1984: 11.56%1985: 9.68%1986: 7.72%1987: 5.85%1993: 12.05%1994: 7.67%1995: 7.8%1996: 9.72%1997: 7.99%1998: 5.41%1999: 9.06%2000: 8.76%2001: 8.81%2002: 9.99%2003: 7.33%2004: 6.13%2005: 7.16%2006: 5.9%2007: 16.68%2008: 19.33%2009: 14.5%2010: 21.78%2011: 26.43%2012: 29.2%2013: 20.7%2014: 21.32%2015: 18.84%2016: 25.16%2017: 15.79%2018: 16.58%2019: 16.18%2020: 13.35%2021: 14.53%2022: 20.15%2023: 17.62%2024: 16.6%
Change over the period: +8.58 pp Annual average: 0.18 pp

Comparison, 2024

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

Grenada 16.6%
World 13.08%
Fuel imports (% of merchandise imports) — Grenada, by year Grenada All countries CSV XLSX
Year % Change, pp
2024 16.6 −1.03 pp
2023 17.62 −2.53 pp
2022 20.15 +5.62 pp
2021 14.53 +1.18 pp
2020 13.35 −2.83 pp
2019 16.18 −0.4 pp
2018 16.58 +0.79 pp
2017 15.79 −9.37 pp
2016 25.16 +6.32 pp
2015 18.84 −2.48 pp
2014 21.32 +0.62 pp
2013 20.7 −8.5 pp
2012 29.2 +2.78 pp
2011 26.43 +4.64 pp
2010 21.78 +7.28 pp
2009 14.5 −4.83 pp
2008 19.33 +2.65 pp
2007 16.68 +10.78 pp
2006 5.9 −1.26 pp
2005 7.16 +1.02 pp
2004 6.13 −1.2 pp
2003 7.33 −2.65 pp
2002 9.99 +1.18 pp
2001 8.81 +0.04 pp
2000 8.76 −0.3 pp
1999 9.06 +3.65 pp
1998 5.41 −2.58 pp
1997 7.99 −1.73 pp
1996 9.72 +1.92 pp
1995 7.8 +0.13 pp
1994 7.67 −4.37 pp
1993 12.05
1987 5.85 −1.88 pp
1986 7.72 −1.96 pp
1985 9.68 −1.88 pp
1984 11.56
1980 12.78 +3.18 pp
1979 9.6 +2 pp
1978 7.59 −0.42 pp
1977 8.01

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.