Fuel exports in Small states
Small states: Fuel exports was 25.0% in 2024. ▲ Rising
Fuel exports in Small states, 1995–2024
Source: Staff estimates, World Bank (WB). Measured in % of merchandise exports.
Analysis
In 2024, fuel exports in Small states stood at 25.0%.
The figure is up 7.7% on the previous year and down 14.9% over ten years.
Over the whole period, fuel exports in Small states peaked at 32.1% in 2006 and was at its lowest, 15.2%, in 1995.
That places Small states 16th out of 46 groups with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 30 years of available data.
Fuel exports in Small states, year by year
| Year | % of merchandise exports | Change |
|---|---|---|
| 1995 | 15.2% | — |
| 1996 | 16.4% | +7.7% |
| 1997 | 24.9% | +51.8% |
| 1998 | 23.0% | -7.6% |
| 1999 | 17.1% | -25.8% |
| 2000 | 17.9% | +4.8% |
| 2001 | 24.4% | +36.6% |
| 2002 | 26.3% | +7.5% |
| 2003 | 27.8% | +5.9% |
| 2004 | 25.7% | -7.4% |
| 2005 | 19.4% | -24.7% |
| 2006 | 32.1% | +65.7% |
| 2007 | 27.7% | -13.7% |
| 2008 | 29.4% | +5.9% |
| 2009 | 30.5% | +4.0% |
| 2010 | 31.0% | +1.6% |
| 2011 | 30.8% | -0.6% |
| 2012 | 30.6% | -0.6% |
| 2013 | 30.5% | -0.5% |
| 2014 | 29.3% | -3.7% |
| 2015 | 27.3% | -7.0% |
| 2016 | 24.1% | -11.8% |
| 2017 | 28.6% | +18.8% |
| 2018 | 29.3% | +2.4% |
| 2019 | 25.2% | -14.1% |
| 2020 | 20.2% | -19.9% |
| 2021 | 20.3% | +0.9% |
| 2022 | 24.1% | +18.3% |
| 2023 | 23.2% | -3.7% |
| 2024 | 25.0% | +7.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 19.3% | 15.2% | 24.9% | 5 |
| 2000s | 26.1% | 17.9% | 32.1% | 10 |
| 2010s | 28.7% | 24.1% | 31.0% | 10 |
| 2020s | 22.5% | 20.2% | 25.0% | 5 |
Countries ranked near Small states
- 13 Saudi Arabia 79.4% compare
- 14 Oman 77.2% compare
- 15 Guyana 75.9% compare
- 16 Brunei Darussalam 75.5% compare
- 17 United Arab Emirates 68.2% compare
- 18 Timor-Leste 67.4% compare
- 19 Norway 62.3% compare
More energy & mining data for Small states
- Fuel imports 18.1% (2024)
- Ores and metals imports 2.3% (2024)
- Ores and metals exports 5.1% (2024)
- Electric power transmission and distribution losses 6.7% (2024)
- Mineral rents 0.3% (2021)
- Natural gas rents 1.8% (2021)
- Total natural resources rents 4.7% (2021)
- Alternative and nuclear energy 57.6% (2024)
- Combustible renewables and waste 8.1% (2023)
- Electricity production from oil sources 0.1% (2024)
Frequently asked questions
- What is fuel exports in Small states?
- Fuel exports in Small states was 25.0% in 2024, according to Staff estimates, World Bank (WB).
- What is the highest fuel exports recorded in Small states?
- The highest recorded value was 32.1% in 2006.
- What is the lowest fuel exports recorded in Small states?
- The lowest recorded value was 15.2% in 1995.
- How does Small states rank for fuel exports?
- Small states ranks 16th out of 46 groups with data for 2024.
- Is fuel exports rising or falling in Small states?
- Over the last ten years it is down 14.9%. The long-run trend across the full record is rising.
- Where does this 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
CSV · JSON — 30 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.