Fuel imports (% of merchandise imports) — all countries

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

Fuel imports (% of merchandise imports) in low-income countries in 2019 — 17.53%. Since 1974, the indicator has risen by 8.06 pp.

2019 17.53% +2.1 pp vs 2018
World rank
Period maximum 21.98%2008
Period minimum 8.54%1975

Trend over time

1974–2019 · % of merchandise imports

Fuel imports (% of merchandise imports) — Low-income countries, 1974–201951015202519741979198419891994199920042009201420191974: 9.46%1975: 8.54%1976: 10.17%2001: 10.98%2002: 10.87%2003: 9.66%2004: 11.11%2005: 10.77%2008: 21.98%2010: 17.22%2014: 17.52%2015: 12.69%2016: 12.81%2017: 13.13%2018: 15.42%2019: 17.53%
Change over the period: +8.06 pp Annual average: 0.18 pp

Comparison, 2019

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

Low-income countries 17.53%
World 12.32%
Fuel imports (% of merchandise imports) — Low-income countries, by year Low-income countries All countries CSV XLSX
Year % Change, pp
2019 17.53 +2.1 pp
2018 15.42 +2.29 pp
2017 13.13 +0.32 pp
2016 12.81 +0.12 pp
2015 12.69 −4.82 pp
2014 17.52
2010 17.22
2008 21.98
2005 10.77 −0.34 pp
2004 11.11 +1.45 pp
2003 9.66 −1.21 pp
2002 10.87 −0.11 pp
2001 10.98
1976 10.17 +1.63 pp
1975 8.54 −0.93 pp
1974 9.46

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.