Fuel imports (% of merchandise imports) — all countries

Fuel imports (% of merchandise imports) — Trinidad and Tobago

Fuel imports (% of merchandise imports) in Trinidad and Tobago in 2024 — 15.25%. Ranked 60 in the world out of 131. Since 1968, the indicator has fallen by 37.86 pp.

2024 15.25% −21.12 pp vs 2023
World rank 60of 131
Period maximum 71.91%1974
Period minimum 0.5%1995

Trend over time

1968–2024 · % of merchandise imports

Fuel imports (% of merchandise imports) — Trinidad and Tobago, 1968–202402040608019681974198019861992199820042010201620221968: 53.11%1969: 52.54%1970: 52.92%1971: 49.85%1972: 47.78%1973: 50.76%1974: 71.91%1975: 50.56%1976: 57.25%1977: 47.61%1978: 40.31%1979: 28.6%1980: 37.67%1981: 36.61%1982: 25.19%1983: 3.2%1984: 0.75%1985: 3.32%1986: 2.83%1987: 4.3%1991: 14.58%1992: 9.38%1993: 15.05%1994: 0.64%1995: 0.5%1996: 19.18%1997: 12.96%1998: 13.09%1999: 21%2000: 32.3%2001: 23.41%2002: 27.65%2003: 27.18%2004: 24.16%2005: 34.8%2006: 35.04%2007: 33.49%2008: 35.08%2009: 32.94%2010: 33.3%2011: 38.94%2012: 41.82%2013: 51.05%2014: 43.37%2015: 28.47%2016: 25.45%2017: 23.69%2018: 30.84%2019: 16.64%2020: 3.3%2021: 0.66%2022: 0.83%2023: 36.38%2024: 15.25%
Change over the period: −37.86 pp Annual average: -0.68 pp

Comparison, 2024

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

Trinidad and Tobago 15.25%
World 13.08%
High-income countries computed 11%
Fuel imports (% of merchandise imports) — Trinidad and Tobago, by year Trinidad and Tobago All countries CSV XLSX
Year % Change, pp
2024 15.25 −21.12 pp
2023 36.38 +35.55 pp
2022 0.83 +0.17 pp
2021 0.66 −2.64 pp
2020 3.3 −13.34 pp
2019 16.64 −14.21 pp
2018 30.84 +7.16 pp
2017 23.69 −1.77 pp
2016 25.45 −3.02 pp
2015 28.47 −14.89 pp
2014 43.37 −7.68 pp
2013 51.05 +9.23 pp
2012 41.82 +2.88 pp
2011 38.94 +5.64 pp
2010 33.3 +0.36 pp
2009 32.94 −2.14 pp
2008 35.08 +1.59 pp
2007 33.49 −1.55 pp
2006 35.04 +0.24 pp
2005 34.8 +10.64 pp
2004 24.16 −3.03 pp
2003 27.18 −0.47 pp
2002 27.65 +4.24 pp
2001 23.41 −8.88 pp
2000 32.3 +11.3 pp
1999 21 +7.91 pp
1998 13.09 +0.13 pp
1997 12.96 −6.22 pp
1996 19.18 +18.67 pp
1995 0.5 −0.14 pp
1994 0.64 −14.41 pp
1993 15.05 +5.67 pp
1992 9.38 −5.21 pp
1991 14.58
1987 4.3 +1.46 pp
1986 2.83 −0.49 pp
1985 3.32 +2.57 pp
1984 0.75 −2.45 pp
1983 3.2 −21.99 pp
1982 25.19 −11.42 pp
1981 36.61 −1.06 pp
1980 37.67 +9.07 pp
1979 28.6 −11.71 pp
1978 40.31 −7.3 pp
1977 47.61 −9.64 pp
1976 57.25 +6.69 pp
1975 50.56 −21.35 pp
1974 71.91 +21.15 pp
1973 50.76 +2.98 pp
1972 47.78 −2.07 pp
1971 49.85 −3.07 pp
1970 52.92 +0.37 pp
1969 52.54 −0.57 pp
1968 53.11

Caribbean, 2024

The same indicator for neighboring countries — with links to their pages

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.