Fuel imports (% of merchandise imports) — all countries

Fuel imports (% of merchandise imports) — Montenegro

Fuel imports (% of merchandise imports) in Montenegro in 2024 — 10.47%. Ranked 95 in the world out of 131. Since 2006, the indicator has fallen by 4.5 pp.

2024 10.47% +0.11 pp vs 2023
World rank 95of 131
Period maximum 18.37%2012
Period minimum 7.93%2020

Trend over time

2006–2024 · % of merchandise imports

Fuel imports (% of merchandise imports) — Montenegro, 2006–2024510152020062008201020122014201620182020202220242006: 14.97%2007: 15.02%2008: 14.23%2009: 12.58%2010: 12.67%2011: 18.14%2012: 18.37%2013: 14.58%2014: 13.25%2015: 10.81%2016: 9.11%2017: 11.11%2018: 10.73%2019: 10.92%2020: 7.93%2021: 11.39%2022: 17.6%2023: 10.36%2024: 10.47%
Change over the period: −4.5 pp Annual average: -0.25 pp

Comparison, 2024

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

Montenegro 10.47%
World 13.08%
Southern Europe computed 13.36%
Fuel imports (% of merchandise imports) — Montenegro, by year Montenegro All countries CSV XLSX
Year % Change, pp
2024 10.47 +0.11 pp
2023 10.36 −7.25 pp
2022 17.6 +6.22 pp
2021 11.39 +3.46 pp
2020 7.93 −2.99 pp
2019 10.92 +0.19 pp
2018 10.73 −0.38 pp
2017 11.11 +2 pp
2016 9.11 −1.71 pp
2015 10.81 −2.44 pp
2014 13.25 −1.33 pp
2013 14.58 −3.78 pp
2012 18.37 +0.22 pp
2011 18.14 +5.47 pp
2010 12.67 +0.09 pp
2009 12.58 −1.65 pp
2008 14.23 −0.79 pp
2007 15.02 +0.05 pp
2006 14.97

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.