Fuel imports (% of merchandise imports) — all countries

Fuel imports (% of merchandise imports) — OPEC

Fuel imports (% of merchandise imports) in OPEC in 2019 — 12.12%. Since 1968, the indicator has risen by 10.35 pp.

2019 12.12% +5.39 pp vs 2018
World rank
Period maximum 12.12%2019
Period minimum 0.83%1977

Trend over time

1968–2019 · % of merchandise imports

Fuel imports (% of merchandise imports) — OPEC, 1968–201905101519681974198019861992199820042010201620191968: 1.77%1969: 1.72%1970: 1.6%1971: 1.34%1972: 0.88%1973: 1%1974: 1.08%1975: 1.03%1976: 1.16%1977: 0.83%1978: 1.25%1979: 2.02%1980: 2.26%1981: 1.94%1982: 1.3%1983: 1.55%1984: 1.12%1986: 1.13%1987: 0.99%1998: 1.03%1999: 1.13%2000: 1.15%2001: 1.44%2002: 1%2003: 2.34%2004: 1.73%2006: 1.26%2007: 2.03%2008: 4.98%2009: 1.14%2010: 1.18%2011: 1.9%2013: 3.21%2014: 4.49%2015: 2.32%2016: 3.13%2017: 4.47%2018: 6.74%2019: 12.12%
Change over the period: +10.35 pp Annual average: 0.2 pp

Comparison, 2019

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

OPEC 12.12%
World 12.32%
Fuel imports (% of merchandise imports) — OPEC, by year OPEC All countries CSV XLSX
Year % Change, pp
2019 12.12 +5.39 pp
2018 6.74 +2.26 pp
2017 4.47 +1.35 pp
2016 3.13 +0.81 pp
2015 2.32 −2.17 pp
2014 4.49 +1.28 pp
2013 3.21
2011 1.9 +0.72 pp
2010 1.18 +0.04 pp
2009 1.14 −3.84 pp
2008 4.98 +2.94 pp
2007 2.03 +0.78 pp
2006 1.26
2004 1.73 −0.61 pp
2003 2.34 +1.34 pp
2002 1 −0.44 pp
2001 1.44 +0.29 pp
2000 1.15 +0.03 pp
1999 1.13 +0.1 pp
1998 1.03
1987 0.99 −0.14 pp
1986 1.13
1984 1.12 −0.44 pp
1983 1.55 +0.26 pp
1982 1.3 −0.65 pp
1981 1.94 −0.31 pp
1980 2.26 +0.24 pp
1979 2.02 +0.77 pp
1978 1.25 +0.42 pp
1977 0.83 −0.33 pp
1976 1.16 +0.13 pp
1975 1.03 −0.05 pp
1974 1.08 +0.08 pp
1973 1 +0.12 pp
1972 0.88 −0.47 pp
1971 1.34 −0.25 pp
1970 1.6 −0.12 pp
1969 1.72 −0.06 pp
1968 1.77

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.