Fuel imports (% of merchandise imports) — all countries

Fuel imports (% of merchandise imports) — Jamaica

Fuel imports (% of merchandise imports) in Jamaica in 2023 — 26.87%. Ranked 18 in the world out of 160. Since 1962, the indicator has risen by 17.62 pp.

2023 26.87% −3.91 pp vs 2022
World rank 18of 160
Period maximum 40.58%2008
Period minimum 9.02%1963

Trend over time

1962–2023 · % of merchandise imports

Fuel imports (% of merchandise imports) — Jamaica, 1962–2023020406019621969197619831990199720042011201820231962: 9.25%1963: 9.02%1972: 9.04%1973: 10.91%1974: 20.89%1975: 19.18%1976: 22.75%1977: 29.07%1978: 24.16%1979: 32.01%1980: 37.83%1981: 33.25%1982: 29.04%1983: 29.9%1984: 30.19%1985: 32.08%1986: 20.52%1987: 19.21%1991: 17.89%1992: 17.87%1993: 15.71%1994: 14.85%1995: 12.65%1996: 15.23%1997: 13.12%1998: 9.77%1999: 13.1%2000: 18.37%2001: 18.09%2002: 17.73%2003: 20.86%2004: 24.71%2005: 28.36%2006: 24.46%2007: 33.8%2008: 40.58%2009: 27.58%2010: 30.34%2011: 35.9%2012: 36.25%2013: 36.35%2014: 33.81%2015: 22.97%2016: 19.79%2017: 24.46%2018: 26.09%2019: 26.88%2020: 19.67%2021: 25.86%2022: 30.78%2023: 26.87%
Change over the period: +17.62 pp Annual average: 0.29 pp

Comparison, 2023

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

Jamaica 26.87%
World 14.07%
Fuel imports (% of merchandise imports) — Jamaica, by year Jamaica All countries CSV XLSX
Year % Change, pp
2023 26.87 −3.91 pp
2022 30.78 +4.92 pp
2021 25.86 +6.19 pp
2020 19.67 −7.21 pp
2019 26.88 +0.78 pp
2018 26.09 +1.63 pp
2017 24.46 +4.68 pp
2016 19.79 −3.19 pp
2015 22.97 −10.83 pp
2014 33.81 −2.54 pp
2013 36.35 +0.09 pp
2012 36.25 +0.35 pp
2011 35.9 +5.56 pp
2010 30.34 +2.77 pp
2009 27.58 −13.01 pp
2008 40.58 +6.79 pp
2007 33.8 +9.34 pp
2006 24.46 −3.9 pp
2005 28.36 +3.65 pp
2004 24.71 +3.85 pp
2003 20.86 +3.13 pp
2002 17.73 −0.36 pp
2001 18.09 −0.28 pp
2000 18.37 +5.27 pp
1999 13.1 +3.33 pp
1998 9.77 −3.35 pp
1997 13.12 −2.11 pp
1996 15.23 +2.58 pp
1995 12.65 −2.19 pp
1994 14.85 −0.86 pp
1993 15.71 −2.16 pp
1992 17.87 −0.02 pp
1991 17.89
1987 19.21 −1.31 pp
1986 20.52 −11.56 pp
1985 32.08 +1.89 pp
1984 30.19 +0.29 pp
1983 29.9 +0.86 pp
1982 29.04 −4.21 pp
1981 33.25 −4.58 pp
1980 37.83 +5.82 pp
1979 32.01 +7.86 pp
1978 24.16 −4.91 pp
1977 29.07 +6.32 pp
1976 22.75 +3.56 pp
1975 19.18 −1.71 pp
1974 20.89 +9.98 pp
1973 10.91 +1.88 pp
1972 9.04
1963 9.02 −0.23 pp
1962 9.25

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.