Fuel imports (% of merchandise imports) — all countries

Fuel imports (% of merchandise imports) — Northern Europe

Fuel imports (% of merchandise imports) in Northern Europe in 2024 — 9.7%. Since 1976, the indicator has fallen by 7.46 pp.

2024 9.7% −1.43 pp vs 2023
World rank
Period maximum 17.97%1981
Period minimum 3.33%1998

Trend over time

1976–2024 · % of merchandise imports

Fuel imports (% of merchandise imports) — Northern Europe, 1976–202405101520197619811986199119962001200620112016202120241976: 17.16%1977: 15.27%1978: 13.33%1979: 15.44%1980: 17.51%1981: 17.97%1982: 16.77%1983: 14.63%1984: 15%1985: 14.37%1988: 5.45%1989: 5.93%1990: 6.97%1991: 6.93%1992: 6.35%1993: 5.98%1994: 5.2%1995: 4.32%1996: 5.03%1997: 4.57%1998: 3.33%1999: 3.67%2000: 5.47%2001: 5.29%2002: 5.13%2003: 5.75%2004: 6.93%2005: 9.11%2006: 9.93%2007: 9.47%2008: 12.45%2009: 9.82%2010: 11.33%2011: 13.51%2012: 14.45%2013: 13.98%2014: 12.14%2015: 8.57%2016: 6.93%2017: 8.34%2018: 10.11%2019: 8.79%2020: 5.89%2021: 9.53%2022: 15.5%2023: 11.13%2024: 9.7%
Change over the period: −7.46 pp Annual average: -0.16 pp

Comparison, 2024

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

Northern Europe 9.7%
World 13.08%
Fuel imports (% of merchandise imports) — Northern Europe, by year Northern Europe All countries CSV XLSX
Year % Change, pp
2024 9.7 −1.43 pp
2023 11.13 −4.38 pp
2022 15.5 +5.97 pp
2021 9.53 +3.65 pp
2020 5.89 −2.91 pp
2019 8.79 −1.32 pp
2018 10.11 +1.77 pp
2017 8.34 +1.41 pp
2016 6.93 −1.64 pp
2015 8.57 −3.57 pp
2014 12.14 −1.83 pp
2013 13.98 −0.47 pp
2012 14.45 +0.94 pp
2011 13.51 +2.18 pp
2010 11.33 +1.51 pp
2009 9.82 −2.62 pp
2008 12.45 +2.97 pp
2007 9.47 −0.46 pp
2006 9.93 +0.82 pp
2005 9.11 +2.18 pp
2004 6.93 +1.18 pp
2003 5.75 +0.62 pp
2002 5.13 −0.17 pp
2001 5.29 −0.18 pp
2000 5.47 +1.81 pp
1999 3.67 +0.33 pp
1998 3.33 −1.23 pp
1997 4.57 −0.47 pp
1996 5.03 +0.71 pp
1995 4.32 −0.88 pp
1994 5.2 −0.79 pp
1993 5.98 −0.37 pp
1992 6.35 −0.57 pp
1991 6.93 −0.04 pp
1990 6.97 +1.04 pp
1989 5.93 +0.49 pp
1988 5.45
1985 14.37 −0.63 pp
1984 15 +0.37 pp
1983 14.63 −2.14 pp
1982 16.77 −1.2 pp
1981 17.97 +0.46 pp
1980 17.51 +2.07 pp
1979 15.44 +2.11 pp
1978 13.33 −1.95 pp
1977 15.27 −1.89 pp
1976 17.16

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.