Fuel imports (% of merchandise imports) — all countries

Fuel imports (% of merchandise imports) — Timor-Leste

Fuel imports (% of merchandise imports) in Timor-Leste in 2023 — 21.2%. Ranked 39 in the world out of 160. Since 2004, the indicator has fallen by 10.45 pp.

2023 21.2% −2.65 pp vs 2022
World rank 39of 160
Period maximum 34.12%2005
Period minimum 19.93%2017

Trend over time

2004–2023 · % of merchandise imports

Fuel imports (% of merchandise imports) — Timor-Leste, 2004–20231520253035200420062008201020122014201620182020202220232004: 31.65%2005: 34.12%2013: 27.97%2017: 19.93%2018: 26.68%2019: 27.36%2020: 21.63%2021: 22.65%2022: 23.85%2023: 21.2%
Change over the period: −10.45 pp Annual average: -0.55 pp

Comparison, 2023

How the value compares with the world and the groups this territory belongs to: Timor-Leste

Timor-Leste 21.2%
World 14.07%
South-Eastern Asia computed 17.09%
Fuel imports (% of merchandise imports) — Timor-Leste, by year Timor-Leste All countries CSV XLSX
Year % Change, pp
2023 21.2 −2.65 pp
2022 23.85 +1.2 pp
2021 22.65 +1.02 pp
2020 21.63 −5.74 pp
2019 27.36 +0.69 pp
2018 26.68 +6.75 pp
2017 19.93
2013 27.97
2005 34.12 +2.47 pp
2004 31.65

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.