Fuel imports (% of merchandise imports) — all countries

Fuel imports (% of merchandise imports) — Mercosur

Fuel imports (% of merchandise imports) in Mercosur in 2024 — 12.52%. Since 1962, the indicator has risen by 0.59 pp.

2024 12.52% −2.19 pp vs 2023
World rank
Period maximum 43.81%1982
Period minimum 6.87%1998

Trend over time

1962–2024 · % of merchandise imports

Fuel imports (% of merchandise imports) — Mercosur, 1962–2024020406019621969197619831990199720042011201820241962: 11.93%1963: 12.49%1964: 14.1%1965: 14.11%1966: 13.13%1967: 12.16%1968: 11.68%1969: 9.98%1970: 9.57%1971: 11.49%1972: 10.66%1973: 13.23%1974: 21.81%1975: 22.83%1976: 28.37%1977: 28.54%1978: 27.69%1979: 30.47%1980: 32.49%1981: 37.76%1982: 43.81%1983: 43.44%1984: 41.49%1985: 37.99%1986: 21.81%1987: 25.65%1992: 15.71%1993: 13.27%1994: 10.13%1995: 9.72%1996: 10.13%1997: 8.85%1998: 6.87%1999: 8.52%2000: 11.62%2001: 11.41%2002: 13.17%2003: 13.27%2004: 14.93%2005: 14.99%2006: 15.46%2007: 16%2008: 17.67%2009: 14.15%2010: 15.04%2011: 17.38%2012: 17.48%2013: 18.47%2014: 18.89%2015: 14.23%2016: 11.2%2017: 12.68%2018: 13.72%2019: 12.95%2020: 9.59%2021: 13.03%2022: 17.75%2023: 14.72%2024: 12.52%
Change over the period: +0.59 pp Annual average: 0.01 pp

Comparison, 2024

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

Mercosur 12.52%
World 13.08%
Fuel imports (% of merchandise imports) — Mercosur, by year Mercosur All countries CSV XLSX
Year % Change, pp
2024 12.52 −2.19 pp
2023 14.72 −3.03 pp
2022 17.75 +4.72 pp
2021 13.03 +3.44 pp
2020 9.59 −3.37 pp
2019 12.95 −0.77 pp
2018 13.72 +1.04 pp
2017 12.68 +1.48 pp
2016 11.2 −3.03 pp
2015 14.23 −4.66 pp
2014 18.89 +0.42 pp
2013 18.47 +0.99 pp
2012 17.48 +0.1 pp
2011 17.38 +2.34 pp
2010 15.04 +0.89 pp
2009 14.15 −3.52 pp
2008 17.67 +1.67 pp
2007 16 +0.54 pp
2006 15.46 +0.46 pp
2005 14.99 +0.07 pp
2004 14.93 +1.66 pp
2003 13.27 +0.09 pp
2002 13.17 +1.77 pp
2001 11.41 −0.21 pp
2000 11.62 +3.1 pp
1999 8.52 +1.64 pp
1998 6.87 −1.98 pp
1997 8.85 −1.28 pp
1996 10.13 +0.41 pp
1995 9.72 −0.4 pp
1994 10.13 −3.14 pp
1993 13.27 −2.44 pp
1992 15.71
1987 25.65 +3.84 pp
1986 21.81 −16.18 pp
1985 37.99 −3.5 pp
1984 41.49 −1.95 pp
1983 43.44 −0.37 pp
1982 43.81 +6.05 pp
1981 37.76 +5.28 pp
1980 32.49 +2.02 pp
1979 30.47 +2.78 pp
1978 27.69 −0.85 pp
1977 28.54 +0.16 pp
1976 28.37 +5.54 pp
1975 22.83 +1.02 pp
1974 21.81 +8.58 pp
1973 13.23 +2.57 pp
1972 10.66 −0.83 pp
1971 11.49 +1.92 pp
1970 9.57 −0.41 pp
1969 9.98 −1.7 pp
1968 11.68 −0.48 pp
1967 12.16 −0.98 pp
1966 13.13 −0.98 pp
1965 14.11 +0.01 pp
1964 14.1 +1.61 pp
1963 12.49 +0.55 pp
1962 11.93

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.