Fuel imports (% of merchandise imports) — all countries

Fuel imports (% of merchandise imports) — Serbia

Fuel imports (% of merchandise imports) in Serbia in 2007 — 17.22%. Ranked 67 in the world out of 173. Since 1992, the indicator has fallen by 5.57 pp.

2007 17.22% −2.48 pp vs 2006
World rank 67of 173
Period maximum 22.79%1992
Period minimum 13.91%1996

Trend over time

1992–2007 · % of merchandise imports

Fuel imports (% of merchandise imports) — Serbia, 1992–200712.51517.52022.5251992199419961998200020022004200620071992: 22.79%1996: 13.91%1997: 15.99%1998: 15.8%1999: 17.84%2000: 20.08%2001: 20.7%2002: 16.93%2004: 14.98%2005: 19.4%2006: 19.7%2007: 17.22%
Change over the period: −5.57 pp Annual average: -0.37 pp

Comparison, 2007

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

Serbia 17.22%
World 14.04%
Southern Europe computed 13.47%
Fuel imports (% of merchandise imports) — Serbia, by year Serbia All countries CSV XLSX
Year % Change, pp
2007 17.22 −2.48 pp
2006 19.7 +0.3 pp
2005 19.4 +4.42 pp
2004 14.98
2002 16.93 −3.76 pp
2001 20.7 +0.61 pp
2000 20.08 +2.25 pp
1999 17.84 +2.04 pp
1998 15.8 −0.19 pp
1997 15.99 +2.08 pp
1996 13.91
1992 22.79

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.