Fuel imports (% of merchandise imports) — all countries

Fuel imports (% of merchandise imports) — Vietnam

Fuel imports (% of merchandise imports) in Vietnam in 2023 — 7.88%. Ranked 137 in the world out of 160. Since 1997, the indicator has fallen by 2.43 pp.

2023 7.88% +0.4 pp vs 2022
World rank 137of 160
Period maximum 15.28%2008
Period minimum 4.4%2016

Trend over time

1997–2023 · % of merchandise imports

Fuel imports (% of merchandise imports) — Vietnam, 1997–20230510152019972000200320062009201220152018202120231997: 10.3%1998: 7.73%1999: 9.47%2000: 13.51%2001: 12.15%2002: 10.97%2003: 10.75%2004: 12.46%2005: 14.6%2006: 14.92%2007: 13.93%2008: 15.28%2009: 10.72%2010: 9.6%2011: 11.74%2012: 10.07%2013: 7.66%2014: 7%2015: 4.73%2016: 4.4%2017: 5.16%2018: 6.33%2019: 6.13%2020: 4.94%2021: 4.95%2022: 7.48%2023: 7.88%
Change over the period: −2.43 pp Annual average: -0.09 pp

Comparison, 2023

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

Vietnam 7.88%
World 14.07%
South-Eastern Asia computed 17.09%
Fuel imports (% of merchandise imports) — Vietnam, by year Vietnam All countries CSV XLSX
Year % Change, pp
2023 7.88 +0.4 pp
2022 7.48 +2.53 pp
2021 4.95 +0.01 pp
2020 4.94 −1.19 pp
2019 6.13 −0.2 pp
2018 6.33 +1.16 pp
2017 5.16 +0.76 pp
2016 4.4 −0.33 pp
2015 4.73 −2.27 pp
2014 7 −0.66 pp
2013 7.66 −2.4 pp
2012 10.07 −1.67 pp
2011 11.74 +2.14 pp
2010 9.6 −1.12 pp
2009 10.72 −4.56 pp
2008 15.28 +1.34 pp
2007 13.93 −0.99 pp
2006 14.92 +0.33 pp
2005 14.6 +2.14 pp
2004 12.46 +1.71 pp
2003 10.75 −0.22 pp
2002 10.97 −1.18 pp
2001 12.15 −1.36 pp
2000 13.51 +4.05 pp
1999 9.47 +1.74 pp
1998 7.73 −2.57 pp
1997 10.3

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.