Fuel exports in Caribbean Small States
Caribbean Small States: Fuel exports was 29.7% in 2024. ▼ Falling
Fuel exports in Caribbean Small States, 1968–2024
Source: Staff estimates, World Bank (WB). Measured in % of merchandise exports.
Analysis
The most recent figure for fuel exports in Caribbean Small States is 29.7%, measured in 2024.
Compared with earlier readings it is up 12.5% on the previous year and down 31.6% over ten years.
Over the whole period, fuel exports in Caribbean Small States peaked at 83.5% in 1980 and was at its lowest, 22.5%, in 2021.
Caribbean Small States ranks 13th of 46 groups on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 54 years of available data.
Fuel exports in Caribbean Small States, year by year
| Year | % of merchandise exports | Change |
|---|---|---|
| 1968 | 74.5% | — |
| 1969 | 73.9% | -0.8% |
| 1970 | 67.1% | -9.2% |
| 1971 | 67.2% | +0.2% |
| 1972 | 67.5% | +0.5% |
| 1973 | 62.3% | -7.7% |
| 1974 | 77.9% | +25.0% |
| 1975 | 72.5% | -7.0% |
| 1976 | 74.7% | +3.1% |
| 1977 | 74.6% | -0.2% |
| 1978 | 72.9% | -2.2% |
| 1979 | 74.3% | +2.0% |
| 1980 | 83.5% | +12.3% |
| 1981 | 76.6% | -8.3% |
| 1982 | 78.6% | +2.6% |
| 1983 | 78.6% | -0.0% |
| 1984 | 77.6% | -1.2% |
| 1985 | 73.9% | -4.7% |
| 1986 | 65.3% | -11.8% |
| 1987 | 65.9% | +0.9% |
| 1991 | 65.0% | -1.3% |
| 1992 | 58.8% | -9.6% |
| 1993 | 50.1% | -14.7% |
| 1994 | 38.6% | -23.0% |
| 1995 | 37.6% | -2.5% |
| 1996 | 41.5% | +10.3% |
| 1997 | 35.3% | -15.0% |
| 1998 | 31.8% | -10.0% |
| 1999 | 43.9% | +38.3% |
| 2000 | 45.6% | +3.7% |
| 2001 | 37.7% | -17.3% |
| 2002 | 43.7% | +16.0% |
| 2003 | 47.9% | +9.6% |
| 2004 | 42.4% | -11.5% |
| 2005 | 50.9% | +20.1% |
| 2006 | 54.6% | +7.2% |
| 2007 | 48.0% | -12.1% |
| 2008 | 51.6% | +7.5% |
| 2009 | 56.4% | +9.4% |
| 2010 | 48.5% | -14.0% |
| 2011 | 43.8% | -9.8% |
| 2012 | 41.9% | -4.3% |
| 2013 | 46.1% | +9.9% |
| 2014 | 43.4% | -5.7% |
| 2015 | 34.7% | -20.2% |
| 2016 | 30.3% | -12.7% |
| 2017 | 38.3% | +26.5% |
| 2018 | 39.2% | +2.3% |
| 2019 | 31.6% | -19.3% |
| 2020 | 24.6% | -22.2% |
| 2021 | 22.5% | -8.6% |
| 2022 | 28.0% | +24.4% |
| 2023 | 26.4% | -5.7% |
| 2024 | 29.7% | +12.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 74.2% | 73.9% | 74.5% | 2 |
| 1970s | 71.1% | 62.3% | 77.9% | 10 |
| 1980s | 75.0% | 65.3% | 83.5% | 8 |
| 1990s | 44.7% | 31.8% | 65.0% | 9 |
| 2000s | 47.9% | 37.7% | 56.4% | 10 |
| 2010s | 39.8% | 30.3% | 48.5% | 10 |
| 2020s | 26.3% | 22.5% | 29.7% | 5 |
Countries ranked near Caribbean Small States
- 10 Azerbaijan 85.9% compare
- 11 Congo 85.9% compare
- 12 Qatar 83.8% compare
- 13 Saudi Arabia 79.4% compare
- 14 Oman 77.2% compare
- 15 Guyana 75.9% compare
- 16 Brunei Darussalam 75.5% compare
More energy & mining data for Caribbean Small States
- Fuel imports 15.4% (2024)
- Ores and metals imports 3.3% (2024)
- Ores and metals exports 1.8% (2024)
- Electric power transmission and distribution losses 5.5% (2023)
- Mineral rents 1.2% (2021)
- Natural gas rents 2.0% (2021)
- Total natural resources rents 7.9% (2021)
- Alternative and nuclear energy 0.7% (2023)
- Combustible renewables and waste 0.2% (2023)
- Electricity production from oil sources 7.1% (2023)
Frequently asked questions
- What is fuel exports in Caribbean Small States?
- Fuel exports in Caribbean Small States was 29.7% in 2024, according to Staff estimates, World Bank (WB).
- What is the highest fuel exports recorded in Caribbean Small States?
- The highest recorded value was 83.5% in 1980.
- What is the lowest fuel exports recorded in Caribbean Small States?
- The lowest recorded value was 22.5% in 2021.
- How does Caribbean Small States rank for fuel exports?
- Caribbean Small States ranks 13th out of 46 groups with data for 2024.
- Is fuel exports rising or falling in Caribbean Small States?
- Over the last ten years it is down 31.6%. The long-run trend across the full record is falling.
- Where does this Caribbean Small States data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Fuel exports (% of merchandise exports). Statizoid updates them automatically from the source API.
Download this data
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About this data
Fuels comprise the commodities in SITC (Rev. 3) section 3 (mineral fuels, lubricants and related materials). This indicator is expressed as a percentage of merchandise exports which is comprised of goods whose economic ownership is changed between a resident and a non-resident and that are not included in the following specific categories: goods under merchanting, non-monetary gold, and parts of travel, construction, and government goods and services n.i.e.