Ores and metals exports (% of merchandise exports) — all countries

Ores and metals exports (% of merchandise exports) — United States Virgin Islands

Ores and metals exports (% of merchandise exports) in the United States Virgin Islands in 1978 — 0.23%. Ranked 85 in the world out of 114. Since 1970, the indicator has risen by 0.14 pp.

1978 0.23% −0.01 pp vs 1977
World rank 85of 114
Period maximum 0.51%1971
Period minimum 0.09%1970

Trend over time

1970–1978 · % of merchandise exports

Ores and metals exports (% of merchandise exports) — United States Virgin Islands, 1970–197800.20.40.61970197119721973197419751976197719781970: 0.09%1971: 0.51%1972: 0.09%1973: 0.24%1977: 0.25%1978: 0.23%
Change over the period: +0.14 pp Annual average: 0.02 pp

Comparison, 1978

How the value compares with the world and the groups this territory belongs to: United States Virgin Islands

United States Virgin Islands 0.23%
World 4.57%
Ores and metals exports (% of merchandise exports) — United States Virgin Islands, by year United States Virgin Islands All countries CSV XLSX
Year % Change, pp
1978 0.23 −0.01 pp
1977 0.25
1973 0.24 +0.15 pp
1972 0.09 −0.42 pp
1971 0.51 +0.43 pp
1970 0.09

About the indicator

The share of ores, concentrates, non-ferrous and ferrous metals in merchandise exports. This is the second measure of commodity dependence after fuel, and the difference between them is meaningful: fuel is burned while metal stays in circulation, so a metallurgical specialization is more robust than an oil one to the shift to renewable energy — and demand for copper, lithium and nickel is exactly what that shift raises.

Important: Ores and metals together, with no split between raw material and processing: a country exporting concentrate and a country exporting rolled steel look the same by this indicator.

Source: UNCTADstat (UNCTAD), license CC BY 3.0 IGO.