In 2023, China's dominance in Global Direct Transfer on Coal continued, maintaining a substantial lead. Indonesia and the United Kingdom showed significant increases, with remarkable year-on-year growth rates, while India's spending slightly decreased. Poland, South Korea, and Argentina recorded moderate fluctuations. Countries like Japan, Belarus, and Slovenia experienced notable declines. In contrast, South Africa's spending rose moderately. Though France and Finland had the lowest shares, they posted competitive growth rates. Canada's contribution saw minimal changes.
Future trends indicate a potential shift towards renewable energy, driven by environmental policies and technological advancements. However, economic factors and domestic energy needs will continue to motivate dependency and investment in coal in certain countries.
Top countries in Direct Transfer on Coal for Fossil Fuel Production Share by Country (Million US Dollars, Constant = 2020)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 36.07 | 2023 | +7.22% | +8.75% | View data |
| 2 | 2 Indonesia | 20.88 | 2023 | +12.38% | +172.25% | View data |
| 3 | 3 United Kingdom | 18.81 | 2023 | +33.02% | +226.17% | View data |
| 4 | 4 Poland | 16.06 | 2023 | +4.65% | +0.47% | View data |
| 5 | 5 South Korea | 2.19 | 2023 | -2% | +2.05% | View data |
| 6 | 6 India | 1.65 | 2023 | +2.31% | -1.74% | View data |
| 7 | 7 Argentina | 1.56 | 2023 | -6.07% | +3.51% | View data |
| 8 | 8 Colombia | 0.43 | 2023 | +0.11% | +2.93% | View data |
| 9 | 9 Japan | 0.19 | 2023 | -21.5% | -11.46% | View data |
| 10 | 10 Belarus | 0.16 | 2023 | -2.35% | -16.24% | View data |
