Aruba: Fuel exports (% of merchandise exports)

Key figures

What the numbers say

In 2023, Aruba's fuel exports (% of merchandise exports) rose 0.04 percentage points on 2022 (from 0.02% to 0.06%).

Across the 13 yearly changes before that (2010 to 2022), the average change was +0 percentage points and a typical year strayed about 0.09 percentage points from that (the standard deviation). This year's change was 0.4 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 0.24 percentage points in 2014 and the biggest yearly fall was 0.1 percentage points in 2011. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2014 to 2023 the straight-line trend is downward, about 0.02 percentage points a year. A straight line explains 69% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2023, Aruba had the 18th highest value of the 23 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Aruba in the 2023 ranking

• Viet Nam — 14th of 23: 0.95%
• Botswana — 15th of 23: 0.67%
• West Bank and Gaza — 16th of 23: 0.09%
• Ethiopia — 18th of 23: 0.03%
• St. Vincent and the Grenadines — 19th of 23: 0.03%
• Dominica — 20th of 23: 0.00753%

What this measures

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.

Limitations: 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.

Regional and income-group figures are computed by the World Bank as a weighted average.

All 15 values

Fuel exports (% of merchandise exports) in nearby economies

• Antigua and Barbuda — 0% (2024)
• Argentina — 9.1% (2025)
• Bahamas, The — 0% (2024)
• Barbados — 4.79% (2025)
• Belize — 0.00968% (2025)
• Bolivia — 11.67% (2025)
• Brazil — 16.12% (2025)
• Chile — 0.88% (2025)
• Colombia — 34.9% (2025)
• Costa Rica — 0.02% (2024)
• Cuba

More private sector & trade data for Aruba

• Merchandise imports (current US$) — US$1.6 billion (2025)
• Merchandise exports (current US$) — US$216 million (2025)
• Merchandise trade (% of GDP) — 39.66% (2024)
• Insurance and financial services (% of commercial service imports) — 6.39% (2023)
• Computer, communications and other services (% of commercial service imports) — 40.13% (2023)
• Commercial service imports (current US$) — US$1.14 billion (2023)
• Transport services (% of commercial service imports) — 14.77% (2023)
• Travel services (% of commercial service imports) — 38.7% (2023)
• Insurance and financial services (% of commercial service exports)

Reading data like this

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Questions people ask

What is Aruba's fuel exports (% of merchandise exports)?

0.06% in 2023, according to the World Bank (World Development Indicators).

How has it changed since 2009?

It is up 0.05 percentage points from 0.00956% in 2009. The highest value was 0.24% in 2014 and the lowest 0.00338% in 2013.

How does Aruba rank?

18th highest of 23 economies with data for 2023.

Is the latest change in fuel exports (% of merchandise exports) unusual for Aruba?

In 2023, Aruba's fuel exports (% of merchandise exports) rose 0.04 percentage points on 2022 (from 0.02% to 0.06%). Across the 13 yearly changes before that (2010 to 2022), the average change was +0 percentage points and a typical year strayed about 0.09 percentage points from that (the standard deviation). This year's change was 0.4 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Source

World Bank, World Development Indicators, indicator TX.VAL.FUEL.ZS.UN, licensed CC BY 4.0. Original source: Staff estimates, World Bank (WB); Comtrade database, United Nations (UN), publisher: UN Statistics Division; World Integrated Trade Solution system (WITS), World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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