Fuel imports in Latin America & Caribbean (excluding high income)

Latin America & Caribbean (excluding high income): Fuel imports was 9.9% in 2024. ▲ Rising

Latest (2024)
9.9%
Change on year
down 15.9%
Rank
42nd
of 47 groups
All-time high
16.7%
in 1984
All-time low
4.5%
in 1998
Years of data
62
1962–2024

Fuel imports in Latin America & Caribbean (excluding high income), 1962–2024

57.51012.51517.5196219932024

Source: Comtrade database, United Nations (UN), publisher: UN Statistics Division. Measured in % of merchandise imports.

Analysis

The most recent figure for fuel imports in Latin America & Caribbean (excluding high income) is 9.9%, measured in 2024.

Compared with earlier readings it is down 15.9% on the previous year and down 24.5% over ten years.

Over the whole period, fuel imports in Latin America & Caribbean (excluding high income) peaked at 16.7% in 1984 and was at its lowest, 4.5%, in 1998.

Latin America & Caribbean (excluding high income) ranks 42nd of 47 groups on this measure, in the bottom quarter.

The long-run direction has been consistently rising across the 62 years of available data.

Fuel imports in Latin America & Caribbean (excluding high income), year by year

Annual values for Fuel imports (% of merchandise imports) in Latin America & Caribbean (excluding high income), 1962 to 2024.
Year % of merchandise imports Change
1962 6.4%
1963 6.7% +5.0%
1964 7.0% +3.6%
1965 7.1% +1.7%
1966 6.4% -9.1%
1967 6.3% -2.4%
1968 5.8% -8.4%
1969 5.7% -1.5%
1970 5.2% -8.5%
1971 6.5% +24.9%
1972 6.5% +0.9%
1973 8.1% +24.4%
1974 11.6% +42.3%
1975 10.9% -5.5%
1976 12.2% +11.7%
1977 12.2% -0.1%
1978 11.2% -7.9%
1979 12.6% +11.9%
1980 13.4% +6.8%
1981 16.2% +20.4%
1982 16.4% +1.6%
1983 16.2% -1.5%
1984 16.7% +3.1%
1985 16.3% -2.3%
1986 9.6% -40.8%
1987 11.1% +14.7%
1989 11.2% +1.7%
1990 10.3% -8.7%
1991 9.0% -12.0%
1992 8.3% -7.9%
1993 7.2% -13.5%
1994 5.6% -21.8%
1995 5.4% -3.9%
1996 5.6% +3.9%
1997 5.7% +2.0%
1998 4.5% -20.9%
1999 5.4% +18.8%
2000 7.2% +34.4%
2001 7.2% -0.0%
2002 6.7% -7.5%
2003 7.5% +12.4%
2004 8.4% +12.2%
2005 9.6% +13.6%
2006 9.7% +1.0%
2007 10.9% +13.1%
2008 12.6% +14.8%
2009 10.1% -19.8%
2010 11.2% +11.3%
2011 13.2% +17.5%
2012 12.8% -2.7%
2013 13.0% +1.7%
2014 13.2% +1.0%
2015 10.2% -22.8%
2016 9.2% -9.4%
2017 10.9% +18.5%
2018 12.2% +12.2%
2019 11.4% -6.9%
2020 8.3% -26.9%
2021 11.0% +32.2%
2022 13.8% +25.1%
2023 11.8% -14.2%
2024 9.9% -15.9%

Averages by decade

DecadeAverage LowestHighest Years
1960s 6.4% 5.7% 7.1% 8
1970s 9.7% 5.2% 12.6% 10
1980s 14.1% 9.6% 16.7% 9
1990s 6.7% 4.5% 10.3% 10
2000s 9.0% 6.7% 12.6% 10
2010s 11.7% 9.2% 13.2% 10
2020s 11.0% 8.3% 13.8% 5

Countries ranked near Latin America & Caribbean (excluding high income)

  1. 39 Cyprus 22.4% compare
  2. 40 New Caledonia 22.3% compare
  3. 41 Burundi 22.1% compare
  4. 42 Mauritius 21.6% compare
  5. 43 Sri Lanka 21.5% compare
  6. 44 Mozambique 21.3% compare
  7. 45 Malta 21.2% compare

See the full ranking of 243 places →

More energy & mining data for Latin America & Caribbean (excluding high income)

All data for Latin America & Caribbean (excluding high income) →

Frequently asked questions

What is fuel imports in Latin America & Caribbean (excluding high income)?
Fuel imports in Latin America & Caribbean (excluding high income) was 9.9% in 2024, according to Comtrade database, United Nations (UN), publisher: UN Statistics Division.
What is the highest fuel imports recorded in Latin America & Caribbean (excluding high income)?
The highest recorded value was 16.7% in 1984.
What is the lowest fuel imports recorded in Latin America & Caribbean (excluding high income)?
The lowest recorded value was 4.5% in 1998.
How does Latin America & Caribbean (excluding high income) rank for fuel imports?
Latin America & Caribbean (excluding high income) ranks 42nd out of 47 groups with data for 2024.
Is fuel imports rising or falling in Latin America & Caribbean (excluding high income)?
Over the last ten years it is down 24.5%. The long-run trend across the full record is rising.
Where does this Latin America & Caribbean (excluding high income) data come from?
The figures come from Comtrade database, United Nations (UN), publisher: UN Statistics Division, published as part of Fuel imports (% of merchandise imports). Statizoid updates them automatically from the source API.

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Fuel imports in Latin America & Caribbean (excluding high income). Statizoid, drawing on Comtrade database, United Nations (UN), publisher: UN Statistics Division. Retrieved 19 September 2026, from https://energy.statizoid.com/stat/fuel-imports-percent-of-merchandise-imports/latin-america-and-caribbean-excluding-high-income/

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About this data

Indicator
Fuel imports (% of merchandise imports)
Unit
% of merchandise imports
Source
Comtrade database, United Nations (UN), publisher: UN Statistics Division
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
243 places, 9,984 data points, 1962–2025
Last refreshed

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 imports which is comprised of goods whose economic ownership is changed between a non-resident and a 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.