Fuel imports (% of merchandise imports) — all countries

Fuel imports (% of merchandise imports) — Upper-middle-income countries

Fuel imports (% of merchandise imports) in upper-middle-income countries in 2024 — 16.08%. Since 1996, the indicator has risen by 9.15 pp.

2024 16.08% −1.02 pp vs 2023
World rank
Period maximum 17.77%2022
Period minimum 5.96%1998

Trend over time

1996–2024 · % of merchandise imports

Fuel imports (% of merchandise imports) — Upper-middle-income countries, 1996–20240510152019961999200220052008201120142017202020231996: 6.92%1997: 7.36%1998: 5.96%1999: 6.77%2000: 9%2001: 8.55%2002: 8.12%2003: 8.73%2004: 10.07%2005: 11.98%2006: 13.2%2007: 12.96%2008: 16.17%2009: 13.05%2010: 13.88%2011: 16.15%2012: 17.08%2013: 16.72%2014: 16.55%2015: 12.24%2016: 10.96%2017: 13.06%2018: 15.5%2019: 15.11%2020: 11.94%2021: 13.89%2022: 17.77%2023: 17.1%2024: 16.08%
Change over the period: +9.15 pp Annual average: 0.33 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Upper-middle-income countries

Upper-middle-income countries 16.08%
World 13.08%
Fuel imports (% of merchandise imports) — Upper-middle-income countries, by year Upper-middle-income countries All countries CSV XLSX
Year % Change, pp
2024 16.08 −1.02 pp
2023 17.1 −0.67 pp
2022 17.77 +3.88 pp
2021 13.89 +1.96 pp
2020 11.94 −3.18 pp
2019 15.11 −0.39 pp
2018 15.5 +2.45 pp
2017 13.06 +2.09 pp
2016 10.96 −1.27 pp
2015 12.24 −4.31 pp
2014 16.55 −0.18 pp
2013 16.72 −0.35 pp
2012 17.08 +0.93 pp
2011 16.15 +2.26 pp
2010 13.88 +0.83 pp
2009 13.05 −3.12 pp
2008 16.17 +3.21 pp
2007 12.96 −0.24 pp
2006 13.2 +1.22 pp
2005 11.98 +1.9 pp
2004 10.07 +1.34 pp
2003 8.73 +0.61 pp
2002 8.12 −0.44 pp
2001 8.55 −0.45 pp
2000 9 +2.23 pp
1999 6.77 +0.81 pp
1998 5.96 −1.4 pp
1997 7.36 +0.43 pp
1996 6.92

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.