Fuel imports (% of merchandise imports) — all countries

Fuel imports (% of merchandise imports) — Saint Vincent and the Grenadines

Fuel imports (% of merchandise imports) in Saint Vincent and the Grenadines in 2023 — 10.14%. Ranked 121 in the world out of 160. Since 1976, the indicator has risen by 3.16 pp.

2023 10.14% −5.74 pp vs 2022
World rank 121of 160
Period maximum 28.49%2012
Period minimum 4.29%2003

Trend over time

1976–2023 · % of merchandise imports

Fuel imports (% of merchandise imports) — Saint Vincent and the Grenadines, 1976–2023010203019761981198619911996200120062011201620211976: 6.98%1980: 8.9%1993: 5.85%1994: 6.26%1995: 6.04%1997: 5.88%1998: 5.6%1999: 5.54%2000: 9.63%2001: 8.97%2002: 8.65%2003: 4.29%2004: 11.02%2005: 13.86%2006: 14.56%2007: 16.09%2008: 14.77%2009: 18.16%2010: 21.9%2011: 27.56%2012: 28.49%2013: 15.9%2014: 20.89%2015: 12.02%2016: 11.75%2017: 9.3%2018: 14.24%2019: 11.72%2020: 11.06%2021: 12.48%2022: 15.88%2023: 10.14%
Change over the period: +3.16 pp Annual average: 0.07 pp

Comparison, 2023

How the value compares with the world and the groups this territory belongs to: Saint Vincent and the Grenadines

Saint Vincent and the Grenadines 10.14%
World 14.07%
Fuel imports (% of merchandise imports) — Saint Vincent and the Grenadines, by year Saint Vincent and the Grenadines All countries CSV XLSX
Year % Change, pp
2023 10.14 −5.74 pp
2022 15.88 +3.41 pp
2021 12.48 +1.42 pp
2020 11.06 −0.66 pp
2019 11.72 −2.52 pp
2018 14.24 +4.95 pp
2017 9.3 −2.45 pp
2016 11.75 −0.27 pp
2015 12.02 −8.87 pp
2014 20.89 +4.99 pp
2013 15.9 −12.59 pp
2012 28.49 +0.94 pp
2011 27.56 +5.65 pp
2010 21.9 +3.75 pp
2009 18.16 +3.39 pp
2008 14.77 −1.32 pp
2007 16.09 +1.53 pp
2006 14.56 +0.69 pp
2005 13.86 +2.84 pp
2004 11.02 +6.73 pp
2003 4.29 −4.36 pp
2002 8.65 −0.32 pp
2001 8.97 −0.67 pp
2000 9.63 +4.09 pp
1999 5.54 −0.05 pp
1998 5.6 −0.29 pp
1997 5.88
1995 6.04 −0.21 pp
1994 6.26 +0.41 pp
1993 5.85
1980 8.9
1976 6.98

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.