Fuel imports (% of merchandise imports) — all countries

Fuel imports (% of merchandise imports) — South America

Fuel imports (% of merchandise imports) in South America in 2024 — 14.06%. Since 1962, the indicator has risen by 6.73 pp.

2024 14.06% −1.87 pp vs 2023
World rank
Period maximum 28.15%1983
Period minimum 6.28%1998

Trend over time

1962–2024 · % of merchandise imports

Fuel imports (% of merchandise imports) — South America, 1962–2024010203019621969197619831990199720042011201820241962: 7.33%1963: 7.27%1964: 7.54%1965: 7.45%1966: 7.09%1967: 7.32%1968: 6.86%1969: 6.47%1970: 6.35%1971: 7.85%1972: 7.57%1973: 9.07%1974: 16.52%1975: 15.9%1976: 17.89%1977: 17.46%1978: 16.15%1979: 20.92%1980: 21.97%1981: 24.97%1982: 25.16%1983: 28.15%1984: 25.44%1985: 23.22%1986: 13.77%1987: 15.23%1992: 11.02%1993: 9.57%1994: 8.1%1995: 7.97%1996: 8.78%1997: 8.09%1998: 6.28%1999: 8.09%2000: 10.96%2001: 10.25%2002: 10.92%2003: 12.25%2004: 13.23%2005: 13.46%2006: 12.96%2007: 14.45%2008: 16.34%2009: 13.28%2010: 14.26%2011: 16.12%2012: 16.01%2013: 16.8%2014: 18.35%2015: 13.5%2016: 11.5%2017: 12.97%2018: 14%2019: 13.45%2020: 9.89%2021: 12.9%2022: 17.98%2023: 15.94%2024: 14.06%
Change over the period: +6.73 pp Annual average: 0.11 pp

Comparison, 2024

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

South America 14.06%
World 13.08%
Fuel imports (% of merchandise imports) — South America, by year South America All countries CSV XLSX
Year % Change, pp
2024 14.06 −1.87 pp
2023 15.94 −2.04 pp
2022 17.98 +5.08 pp
2021 12.9 +3.01 pp
2020 9.89 −3.56 pp
2019 13.45 −0.55 pp
2018 14 +1.03 pp
2017 12.97 +1.47 pp
2016 11.5 −2.01 pp
2015 13.5 −4.85 pp
2014 18.35 +1.55 pp
2013 16.8 +0.79 pp
2012 16.01 −0.12 pp
2011 16.12 +1.86 pp
2010 14.26 +0.98 pp
2009 13.28 −3.06 pp
2008 16.34 +1.89 pp
2007 14.45 +1.49 pp
2006 12.96 −0.51 pp
2005 13.46 +0.23 pp
2004 13.23 +0.98 pp
2003 12.25 +1.32 pp
2002 10.92 +0.67 pp
2001 10.25 −0.71 pp
2000 10.96 +2.87 pp
1999 8.09 +1.81 pp
1998 6.28 −1.82 pp
1997 8.09 −0.69 pp
1996 8.78 +0.82 pp
1995 7.97 −0.13 pp
1994 8.1 −1.47 pp
1993 9.57 −1.45 pp
1992 11.02
1987 15.23 +1.46 pp
1986 13.77 −9.45 pp
1985 23.22 −2.22 pp
1984 25.44 −2.71 pp
1983 28.15 +2.99 pp
1982 25.16 +0.19 pp
1981 24.97 +3 pp
1980 21.97 +1.05 pp
1979 20.92 +4.77 pp
1978 16.15 −1.31 pp
1977 17.46 −0.43 pp
1976 17.89 +1.99 pp
1975 15.9 −0.62 pp
1974 16.52 +7.46 pp
1973 9.07 +1.5 pp
1972 7.57 −0.28 pp
1971 7.85 +1.5 pp
1970 6.35 −0.12 pp
1969 6.47 −0.39 pp
1968 6.86 −0.46 pp
1967 7.32 +0.23 pp
1966 7.09 −0.35 pp
1965 7.45 −0.1 pp
1964 7.54 +0.27 pp
1963 7.27 −0.06 pp
1962 7.33

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.