Fuel imports (% of merchandise imports) — all countries

Fuel imports (% of merchandise imports) — Southern Europe

Fuel imports (% of merchandise imports) in Southern Europe in 2024 — 13.36%. Since 2006, the indicator has fallen by 0.82 pp.

2024 13.36% −1.58 pp vs 2023
World rank
Period maximum 23.76%2012
Period minimum 9.35%2020

Trend over time

2006–2024 · % of merchandise imports

Fuel imports (% of merchandise imports) — Southern Europe, 2006–202451015202520062008201020122014201620182020202220242006: 14.18%2007: 13.47%2008: 16.79%2009: 16.62%2010: 18.37%2011: 20.75%2012: 23.76%2013: 21.86%2014: 18.95%2015: 14.02%2016: 11.32%2017: 13.18%2018: 14.5%2019: 13.39%2020: 9.35%2021: 13.53%2022: 20.76%2023: 14.94%2024: 13.36%
Change over the period: −0.82 pp Annual average: -0.05 pp

Comparison, 2024

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

Southern Europe 13.36%
World 13.08%
Fuel imports (% of merchandise imports) — Southern Europe, by year Southern Europe All countries CSV XLSX
Year % Change, pp
2024 13.36 −1.58 pp
2023 14.94 −5.82 pp
2022 20.76 +7.23 pp
2021 13.53 +4.18 pp
2020 9.35 −4.04 pp
2019 13.39 −1.11 pp
2018 14.5 +1.32 pp
2017 13.18 +1.86 pp
2016 11.32 −2.71 pp
2015 14.02 −4.92 pp
2014 18.95 −2.91 pp
2013 21.86 −1.9 pp
2012 23.76 +3.01 pp
2011 20.75 +2.38 pp
2010 18.37 +1.74 pp
2009 16.62 −0.17 pp
2008 16.79 +3.32 pp
2007 13.47 −0.71 pp
2006 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.