In 2023, Italy led the European environmentally related tax revenue from transport in textiles and apparel manufacturing with 45.59 million USD (2015 PPP), despite a decline of 2.34%. Portugal and Austria observed modest growth at 1.53% and 2.27%, respectively. Major contractions were seen in Belgium at 7.88% and the UK at 9.42%. Norway saw the highest growth rate at 5.05%, yet remained low in absolute value terms. The overall trend over recent years shows mixed performance with stable growth in some regions contrasted by shrinkage in others.
For future trends, watch for advancements in sustainable transport technologies and policy changes aimed at reducing carbon footprints, which could influence tax revenues. The variability of economic conditions across Europe may also affect the distribution and magnitude of these taxes.
Top countries in Environmentally Related Tax Revenue from Taxes on Transport in Manufacturing of Textiles, Wearing Apparel and Leather Products Share by Country (Million US Dollars PPP = 2015)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 45.59 | 2023 | -1.02% | -2.34% | View data |
| 2 | 2 Portugal | 18.23 | 2023 | +3% | +1.53% | View data |
| 3 | 3 Austria | 13.75 | 2023 | +1.96% | +2.27% | View data |
| 4 | 4 France | 7.31 | 2023 | +2.99% | -2.87% | View data |
| 5 | 5 Belgium | 2.53 | 2023 | -8.11% | -7.88% | View data |
| 6 | 6 United Kingdom | 2.39 | 2023 | -13.91% | -9.42% | View data |
| 7 | 7 Serbia | 1.94 | 2023 | +1.06% | +1.66% | View data |
| 8 | 8 Slovakia | 1.63 | 2023 | +0.94% | +0.3% | View data |
| 9 | 9 Denmark | 1.46 | 2023 | -3.56% | -2.64% | View data |
| 10 | 10 Romania | 1.43 | 2023 | -5.2% | -6.62% | View data |
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