Fuel imports (% of merchandise imports) — all countries

Fuel imports (% of merchandise imports) — High-income countries

Fuel imports (% of merchandise imports) in high-income countries in 2024 — 11%. Since 1996, the indicator has risen by 2.55 pp.

2024 11% −1.15 pp vs 2023
World rank
Period maximum 17.97%2012
Period minimum 6.23%1998

Trend over time

1996–2024 · % of merchandise imports

Fuel imports (% of merchandise imports) — High-income countries, 1996–20240510152019961999200220052008201120142017202020231996: 8.46%1997: 8.43%1998: 6.23%1999: 6.87%2000: 10.02%2001: 9.72%2002: 9.25%2003: 10.11%2004: 11.05%2005: 13.67%2006: 14.42%2007: 13.65%2008: 17.17%2009: 13.97%2010: 15.26%2011: 17.56%2012: 17.97%2013: 16.82%2014: 15.24%2015: 10.34%2016: 8.52%2017: 10.06%2018: 11.52%2019: 10.75%2020: 7.54%2021: 10.16%2022: 15.19%2023: 12.15%2024: 11%
Change over the period: +2.55 pp Annual average: 0.09 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: High-income countries

High-income countries 11%
World 13.08%
Fuel imports (% of merchandise imports) — High-income countries, by year High-income countries All countries CSV XLSX
Year % Change, pp
2024 11 −1.15 pp
2023 12.15 −3.03 pp
2022 15.19 +5.03 pp
2021 10.16 +2.63 pp
2020 7.54 −3.21 pp
2019 10.75 −0.77 pp
2018 11.52 +1.46 pp
2017 10.06 +1.54 pp
2016 8.52 −1.81 pp
2015 10.34 −4.91 pp
2014 15.24 −1.58 pp
2013 16.82 −1.14 pp
2012 17.97 +0.41 pp
2011 17.56 +2.3 pp
2010 15.26 +1.29 pp
2009 13.97 −3.2 pp
2008 17.17 +3.52 pp
2007 13.65 −0.77 pp
2006 14.42 +0.75 pp
2005 13.67 +2.62 pp
2004 11.05 +0.94 pp
2003 10.11 +0.86 pp
2002 9.25 −0.47 pp
2001 9.72 −0.3 pp
2000 10.02 +3.15 pp
1999 6.87 +0.64 pp
1998 6.23 −2.2 pp
1997 8.43 −0.02 pp
1996 8.46

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.