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%
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.

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

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

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.
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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CSV · JSON — 62 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

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.