Fuel imports (% of merchandise imports) — all countries

Fuel imports (% of merchandise imports) — Palau

Fuel imports (% of merchandise imports) in Palau in 2018 — 24.07%. Ranked 21 in the world out of 174. Since 2007, the indicator has fallen by 6.5 pp.

2018 24.07% +4.39 pp vs 2017
World rank 21of 174
Period maximum 36.98%2008
Period minimum 17.18%2016

Trend over time

2007–2018 · % of merchandise imports

Fuel imports (% of merchandise imports) — Palau, 2007–201815202530354020072009201120132015201720182007: 30.57%2008: 36.98%2009: 23.33%2010: 28.78%2011: 35.48%2012: 35.87%2013: 33.03%2014: 29.2%2015: 18.39%2016: 17.18%2017: 19.67%2018: 24.07%
Change over the period: −6.5 pp Annual average: -0.59 pp

Comparison, 2018

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

Palau 24.07%
World 12.96%
Fuel imports (% of merchandise imports) — Palau, by year Palau All countries CSV XLSX
Year % Change, pp
2018 24.07 +4.39 pp
2017 19.67 +2.5 pp
2016 17.18 −1.21 pp
2015 18.39 −10.81 pp
2014 29.2 −3.83 pp
2013 33.03 −2.84 pp
2012 35.87 +0.39 pp
2011 35.48 +6.7 pp
2010 28.78 +5.45 pp
2009 23.33 −13.65 pp
2008 36.98 +6.42 pp
2007 30.57

Micronesia, 2018

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

PW Palau 24.07 KI Kiribati 14.18

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.