The Global Direct Transfer on Petroleum for all beneficiaries or sectors showed diverse trends in 2023. Argentina led with a GDP percentage of 1.18%, followed by Chile and Mexico at 0.55%. Canada saw a substantial increase in transfer value, experiencing a year-on-year growth of 133.22%, while China contracted by 12.71%. Brazil's transfers decreased by 7.33%, noting significant variation among countries.
Future trends to watch include the impact of geopolitical changes on energy policies, technological advancements in energy efficiency, and transitions to sustainable energy sources potentially reducing the reliance on petroleum transfers globally.
Top countries in Direct Transfer on Petroleum for All Beneficiaries or Sectors by Country
| # | 10 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Argentina | 1.18 | 2023 | +6.01% | +6.04% | View data |
| 2 | 2 Chile | 0.55 | 2023 | +14.49% | +11.42% | View data |
| 3 | 3 Mexico | 0.55 | 2023 | +29.76% | View data | |
| 4 | 4 Azerbaijan | 0.44 | 2023 | +37.58% | -0.88% | View data |
| 5 | 5 Greece | 0.38 | 2023 | +2.17% | +4.26% | View data |
| 6 | 6 Brazil | 0.11 | 2023 | +4.85% | -7.33% | View data |
| 7 | 7 China | 0.074 | 2023 | -22.11% | -12.71% | View data |
| 8 | 8 Canada | 0.069 | 2023 | +27.78% | +133.22% | View data |
| 9 | 9 Japan | 0.036 | 2023 | +2.86% | +4.42% | View data |
| 10 | 10 Ukraine | 0.032 | 2023 | +23.08% | +5.92% | View data |
