Fuel imports in Latin America & the Caribbean (IDA & IBRD countries)

Latin America & the Caribbean (IDA & IBRD countries): Fuel imports was 10.9% in 2024. ▲ Rising

Latest (2024)
10.9%
Change on year
down 15.6%
All-time high
17.1%
in 1982
All-time low
5.0%
in 1998
Years of data
61
1962–2024

Fuel imports in Latin America & the Caribbean (IDA & IBRD countries), 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 & the Caribbean (IDA & IBRD countries) is 10.9%, measured in 2024.

That represents a change of down 15.6% on the previous year and down 22.3% over ten years.

Over the whole period, fuel imports in Latin America & the Caribbean (IDA & IBRD countries) peaked at 17.1% in 1982 and was at its lowest, 5.0%, in 1998.

The long-run direction has been consistently rising across the 61 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1960s 6.8% 6.6% 7.3% 8
1970s 10.8% 6.1% 13.8% 10
1980s 15.0% 10.0% 17.1% 8
1990s 7.2% 5.0% 10.7% 10
2000s 10.1% 7.7% 13.8% 10
2010s 12.3% 9.5% 14.1% 10
2020s 11.5% 8.4% 14.5% 5

More energy & mining data for Latin America & the Caribbean (IDA & IBRD countries)

All data for Latin America & the Caribbean (IDA & IBRD countries) →

Frequently asked questions

What is fuel imports in Latin America & the Caribbean (IDA & IBRD countries)?
Fuel imports in Latin America & the Caribbean (IDA & IBRD countries) was 10.9% in 2024, according to Comtrade database, United Nations (UN), publisher: UN Statistics Division.
What is the highest fuel imports recorded in Latin America & the Caribbean (IDA & IBRD countries)?
The highest recorded value was 17.1% in 1982.
What is the lowest fuel imports recorded in Latin America & the Caribbean (IDA & IBRD countries)?
The lowest recorded value was 5.0% in 1998.
Is fuel imports rising or falling in Latin America & the Caribbean (IDA & IBRD countries)?
Over the last ten years it is down 22.3%. The long-run trend across the full record is rising.
Where does this Latin America & the Caribbean (IDA & IBRD countries) 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.

Download this data

CSV · JSON — 61 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.