Fuel imports (% of merchandise imports) — all countries

Fuel imports (% of merchandise imports) — Mongolia

Fuel imports (% of merchandise imports) in Mongolia in 2023 — 22.91%. Ranked 30 in the world out of 160. Since 1996, the indicator has risen by 3.58 pp.

2023 22.91% +0.62 pp vs 2022
World rank 30of 160
Period maximum 29.26%2006
Period minimum 15.26%1998

Trend over time

1996–2023 · % of merchandise imports

Fuel imports (% of merchandise imports) — Mongolia, 1996–20231520253019961999200220052008201120142017202020231996: 19.33%1997: 19.11%1998: 15.26%1999: 15.95%2000: 19.07%2001: 22.07%2003: 19.86%2004: 22.29%2005: 26.61%2006: 29.26%2007: 26.88%2013: 25.59%2014: 26.44%2015: 23.05%2016: 20.41%2017: 22.42%2018: 22.38%2019: 22.19%2020: 18.69%2021: 19.42%2022: 22.29%2023: 22.91%
Change over the period: +3.58 pp Annual average: 0.13 pp

Comparison, 2023

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

Mongolia 22.91%
World 14.07%
Eastern Asia computed 19.94%
Fuel imports (% of merchandise imports) — Mongolia, by year Mongolia All countries CSV XLSX
Year % Change, pp
2023 22.91 +0.62 pp
2022 22.29 +2.86 pp
2021 19.42 +0.73 pp
2020 18.69 −3.5 pp
2019 22.19 −0.19 pp
2018 22.38 −0.05 pp
2017 22.42 +2.01 pp
2016 20.41 −2.64 pp
2015 23.05 −3.39 pp
2014 26.44 +0.85 pp
2013 25.59
2007 26.88 −2.38 pp
2006 29.26 +2.65 pp
2005 26.61 +4.32 pp
2004 22.29 +2.43 pp
2003 19.86
2001 22.07 +3 pp
2000 19.07 +3.12 pp
1999 15.95 +0.69 pp
1998 15.26 −3.85 pp
1997 19.11 −0.22 pp
1996 19.33

Eastern Asia, 2023

The same indicator for neighboring countries — with links to their pages

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.