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

Ores and metals exports (% of merchandise exports) — Upper-middle-income countries

Ores and metals exports (% of merchandise exports) in upper-middle-income countries in 2024 — 4.25%. Since 1996, the indicator has risen by 0.5 pp.

2024 4.25% +0.14 pp vs 2023
World rank
Period maximum 4.95%2011
Period minimum 2.98%2002

Trend over time

1996–2024 · % of merchandise exports

Ores and metals exports (% of merchandise exports) — Upper-middle-income countries, 1996–20242.533.544.5519961999200220052008201120142017202020231996: 3.75%1997: 3.6%1998: 3.51%1999: 3.78%2000: 3.07%2001: 3.51%2002: 2.98%2003: 3.24%2004: 3.79%2005: 3.94%2006: 4.75%2007: 4.65%2008: 4.27%2009: 3.86%2010: 4.58%2011: 4.95%2012: 4.11%2013: 4%2014: 3.55%2015: 3.23%2016: 3.31%2017: 3.72%2018: 3.81%2019: 3.76%2020: 3.73%2021: 4.59%2022: 4.11%2023: 4.11%2024: 4.25%
Change over the period: +0.5 pp Annual average: 0.02 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 4.25%
World 4.02%
Ores and metals exports (% of merchandise exports) — Upper-middle-income countries, by year Upper-middle-income countries All countries CSV XLSX
Year % Change, pp
2024 4.25 +0.14 pp
2023 4.11 −0 pp
2022 4.11 −0.48 pp
2021 4.59 +0.86 pp
2020 3.73 −0.03 pp
2019 3.76 −0.06 pp
2018 3.81 +0.09 pp
2017 3.72 +0.41 pp
2016 3.31 +0.09 pp
2015 3.23 −0.33 pp
2014 3.55 −0.45 pp
2013 4 −0.11 pp
2012 4.11 −0.83 pp
2011 4.95 +0.37 pp
2010 4.58 +0.72 pp
2009 3.86 −0.41 pp
2008 4.27 −0.38 pp
2007 4.65 −0.1 pp
2006 4.75 +0.81 pp
2005 3.94 +0.15 pp
2004 3.79 +0.55 pp
2003 3.24 +0.27 pp
2002 2.98 −0.53 pp
2001 3.51 +0.44 pp
2000 3.07 −0.71 pp
1999 3.78 +0.27 pp
1998 3.51 −0.08 pp
1997 3.6 −0.15 pp
1996 3.75

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.