Fuel exports (% of merchandise exports) in Latin America & the Caribbean (IDA & IBRD countries)
Latin America & the Caribbean (IDA & IBRD countries): Fuel exports (% of merchandise exports) was 8.8% in 2025. ◆ Volatile
Fuel exports in Latin America & the Caribbean (IDA & IBRD countries), 1962–2025
Source: Staff estimates, World Bank (WB). Measured in % of merchandise exports.
Analysis
The most recent figure for fuel exports in Latin America & the Caribbean (IDA & IBRD countries) is 8.8%, measured in 2025.
Compared with earlier readings it is down 10.8% on the previous year and down 2.4% over ten years.
Over the whole period, fuel exports in Latin America & the Caribbean (IDA & IBRD countries) peaked at 42.9% in 1982 and was at its lowest, 6.5%, in 1972.
That places Latin America & the Caribbean (IDA & IBRD countries) 29th out of 46 groups with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Fuel exports (% of merchandise exports) in Latin America & the Caribbean (IDA & IBRD countries), year by year
| Year | % of merchandise exports | Change |
|---|---|---|
| 1962 | 7.6% | — |
| 1963 | 7.6% | -0.4% |
| 1964 | 7.3% | -4.1% |
| 1965 | 7.0% | -3.5% |
| 1966 | 9.2% | +30.6% |
| 1967 | 7.0% | -24.2% |
| 1968 | 7.1% | +1.2% |
| 1969 | 7.2% | +2.7% |
| 1970 | 7.0% | -3.3% |
| 1971 | 6.8% | -2.5% |
| 1972 | 6.5% | -4.3% |
| 1973 | 7.4% | +13.4% |
| 1974 | 9.6% | +28.9% |
| 1975 | 14.3% | +50.2% |
| 1976 | 14.2% | -0.7% |
| 1977 | 17.1% | +19.9% |
| 1978 | 19.2% | +12.6% |
| 1979 | 25.8% | +34.1% |
| 1980 | 36.5% | +41.4% |
| 1981 | 39.9% | +9.3% |
| 1982 | 42.9% | +7.6% |
| 1983 | 37.2% | -13.3% |
| 1984 | 36.5% | -1.8% |
| 1985 | 35.2% | -3.5% |
| 1986 | 21.2% | -39.9% |
| 1987 | 25.8% | +21.9% |
| 1990 | 27.0% | +4.6% |
| 1991 | 23.1% | -14.6% |
| 1992 | 15.8% | -31.4% |
| 1993 | 13.4% | -15.3% |
| 1994 | 11.7% | -12.5% |
| 1995 | 11.0% | -5.7% |
| 1996 | 12.5% | +13.3% |
| 1997 | 11.1% | -11.6% |
| 1998 | 8.6% | -22.0% |
| 1999 | 10.7% | +23.7% |
| 2000 | 13.7% | +28.7% |
| 2001 | 12.8% | -7.0% |
| 2002 | 13.3% | +3.9% |
| 2003 | 14.6% | +10.3% |
| 2004 | 15.1% | +3.0% |
| 2005 | 17.2% | +14.1% |
| 2006 | 17.9% | +3.9% |
| 2007 | 14.5% | -19.2% |
| 2008 | 19.1% | +32.4% |
| 2009 | 17.1% | -10.6% |
| 2010 | 17.6% | +2.9% |
| 2011 | 17.7% | +0.7% |
| 2012 | 18.5% | +4.6% |
| 2013 | 17.3% | -6.4% |
| 2014 | 12.8% | -26.0% |
| 2015 | 9.0% | -29.7% |
| 2016 | 7.7% | -14.3% |
| 2017 | 9.2% | +18.9% |
| 2018 | 10.9% | +18.9% |
| 2019 | 10.1% | -7.1% |
| 2020 | 7.8% | -22.7% |
| 2021 | 9.3% | +19.1% |
| 2022 | 11.5% | +23.3% |
| 2023 | 10.4% | -9.7% |
| 2024 | 9.9% | -5.2% |
| 2025 | 8.8% | -10.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 7.5% | 7.0% | 9.2% | 8 |
| 1970s | 12.8% | 6.5% | 25.8% | 10 |
| 1980s | 34.4% | 21.2% | 42.9% | 8 |
| 1990s | 14.5% | 8.6% | 27.0% | 10 |
| 2000s | 15.5% | 12.8% | 19.1% | 10 |
| 2010s | 13.1% | 7.7% | 18.5% | 10 |
| 2020s | 9.6% | 7.8% | 11.5% | 6 |
Countries ranked near Latin America & the Caribbean (IDA & IBRD countries)
More energy & mining data for Latin America & the Caribbean (IDA & IBRD countries)
- Fuel imports 9.0% (2025)
- Ores and metals imports 2.3% (2025)
- Ores and metals exports 9.9% (2025)
- Electricity production from oil, gas and coal sources 28.4% (2023)
- Access to electricity 98.0% (2024)
- Electricity production from renewable sources, excluding 406.57 kWh per person (2021)
- Electricity production from renewable sources, excluding 0.0503 kWh per US$ of GDP (2021)
- Electricity production from renewable sources, excluding 12,929 kWh per square kilometre (2021)
- Electricity production from renewable sources, excluding 14.02 % change on previous year (2021)
- Investment in energy with private participation 8.40 billion current US$ (2024)
All data for Latin America & the Caribbean (IDA & IBRD countries) →
Frequently asked questions
- What is fuel exports in Latin America & the Caribbean (IDA & IBRD countries)?
- Fuel exports in Latin America & the Caribbean (IDA & IBRD countries) was 8.8% in 2025, according to Staff estimates, World Bank (WB).
- What is the highest fuel exports recorded in Latin America & the Caribbean (IDA & IBRD countries)?
- The highest recorded value was 42.9% in 1982.
- What is the lowest fuel exports recorded in Latin America & the Caribbean (IDA & IBRD countries)?
- The lowest recorded value was 6.5% in 1972.
- How does Latin America & the Caribbean (IDA & IBRD countries) rank for fuel exports?
- Latin America & the Caribbean (IDA & IBRD countries) ranks 29th out of 46 groups with data for 2025.
- Is fuel exports rising or falling in Latin America & the Caribbean (IDA & IBRD countries)?
- Over the last ten years it is down 2.4%. The long-run trend across the full record is volatile.
- Where does this Latin America & the Caribbean (IDA & IBRD countries) 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.
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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.