Fuel exports (% of merchandise exports)
Definition: Fuels comprise the commodities in SITC section 3 (mineral fuels, lubricants and related materials).
Description: The map below shows how Fuel exports (% of merchandise exports) varies by country. The shade of the country corresponds to the magnitude of the indicator. The darker the shade, the higher the value. The country with the highest value in the world is Iraq, with a value of 99.99. The country with the lowest value in the world is The Bahamas, with a value of 0.00.
Source: World Bank staff estimates through the WITS platform from the Comtrade database maintained by the United Nations Statistics Division.
Limitations and Exceptions: Previous editions contained data based on the SITC revision 1. Data for earlier years in previous editions may differ because of the change in methodology. Concordance tables are available to convert data reported in one system to another.
Statistical Concept and Methodology: The classification of commodity groups is based on the Standard International Trade Classification (SITC) revision 3.
Aggregation method: Weighted average
General Comments: Merchandise export shares may not sum to 100 percent because of unclassified trade.