Crude oil price fluctuations and exports in subregions of the Asia-Pacific region, 2004–2017

This figure charts the fluctuation of oil prices and merchandise exports across the region between 2004 and 2017, highlighting the substantial effects of oil price fluctuations on economic conditions in Central Asia in comparison to other subregions. When oil prices are high, exports rise in parallel. But when the price falls, so do exports – and Central Asia has felt these effects more than other subregions.