Fuel imports (% of merchandise imports) — all countries

Fuel imports (% of merchandise imports) — Iraq

Fuel imports (% of merchandise imports) in Iraq in 2014 — 22.88%. Ranked 47 in the world out of 170. Since 1963, the indicator has risen by 22.69 pp.

2014 22.88% −39.74 pp vs 2008
World rank 47of 170
Period maximum 62.63%2008
Period minimum 0.01%2001

Trend over time

1963–2014 · % of merchandise imports

Fuel imports (% of merchandise imports) — Iraq, 1963–201402040608019631969197519811987199319992005201120141963: 0.2%1972: 0.46%1973: 0.37%1974: 0.29%1975: 0.28%1976: 0.16%2000: 0.02%2001: 0.01%2002: 0.07%2007: 27.16%2008: 62.63%2014: 22.88%
Change over the period: +22.69 pp Annual average: 0.44 pp

Comparison, 2014

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

Iraq 22.88%
World 15.95%
Western Asia computed 7.44%
Fuel imports (% of merchandise imports) — Iraq, by year Iraq All countries CSV XLSX
Year % Change, pp
2014 22.88
2008 62.63 +35.46 pp
2007 27.16
2002 0.07 +0.06 pp
2001 0.01 −0.01 pp
2000 0.02
1976 0.16 −0.12 pp
1975 0.28 −0.01 pp
1974 0.29 −0.09 pp
1973 0.37 −0.09 pp
1972 0.46
1963 0.2

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.