Fuel imports (% of merchandise imports) — all countries

Fuel imports (% of merchandise imports) — Turks and Caicos Islands

Fuel imports (% of merchandise imports) in the Turks and Caicos Islands in 2012 — 28.26%. Ranked 31 in the world out of 169. Since 1999, the indicator has risen by 20.62 pp.

2012 28.26% −0.59 pp vs 2011
World rank 31of 169
Period maximum 28.86%2011
Period minimum 0.29%2002

Trend over time

1999–2012 · % of merchandise imports

Fuel imports (% of merchandise imports) — Turks and Caicos Islands, 1999–20120102030199920012003200520072009201120121999: 7.64%2000: 2.02%2001: 0.48%2002: 0.29%2003: 0.45%2004: 0.38%2005: 10.33%2006: 10.18%2007: 8.33%2008: 12.11%2009: 11.26%2011: 28.86%2012: 28.26%
Change over the period: +20.62 pp Annual average: 1.59 pp

Comparison, 2012

How the value compares with the world and the groups this territory belongs to: Turks and Caicos Islands

Turks and Caicos Islands 28.26%
World 17.91%
High-income countries computed 17.97%
Fuel imports (% of merchandise imports) — Turks and Caicos Islands, by year Turks and Caicos Islands All countries CSV XLSX
Year % Change, pp
2012 28.26 −0.59 pp
2011 28.86
2009 11.26 −0.84 pp
2008 12.11 +3.77 pp
2007 8.33 −1.85 pp
2006 10.18 −0.15 pp
2005 10.33 +9.95 pp
2004 0.38 −0.07 pp
2003 0.45 +0.16 pp
2002 0.29 −0.19 pp
2001 0.48 −1.54 pp
2000 2.02 −5.62 pp
1999 7.64

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.