In 2023, China leads global support for petroleum in transportation, followed by Australia and Italy. Significant growth is noticeable in Belgium and Russia, showing double-digit increases. Japan, Canada, and Moldova experience the sharpest declines. France and Chile accelerate their support, while Argentina, Ireland, and Sweden see declines. Germany and Norway reduce their reliance steadily.
Future trends to watch for include China's dominant position as a leader in petroleum support, and potential shifts in European strategies focusing on sustainable alternatives. Monitoring the transition in Japan and Canada's declining use will reveal broader patterns in energy policy changes globally.
Top countries in Total Support on Petroleum for Transportation by Country
| # | 10 Countries | Million US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 21,890 | 2023 | -0.53% | +1.93% | View data |
| 2 | 2 Australia | 5,970 | 2023 | +3.64% | +1.36% | View data |
| 3 | 3 Italy | 5,450 | 2023 | +3.48% | +0.39% | View data |
| 4 | 4 France | 5,140 | 2023 | +5.47% | +5.25% | View data |
| 5 | 5 South Africa | 2,320 | 2023 | +6.52% | +2.35% | View data |
| 6 | 6 Switzerland | 2,260 | 2023 | +11.29% | +0.65% | View data |
| 7 | 7 Ireland | 1,780 | 2023 | +8.23% | -0.31% | View data |
| 8 | 8 Chile | 1,510 | 2023 | +11.1% | +5.51% | View data |
| 9 | 9 Sweden | 1,310 | 2023 | -1.23% | +6.51% | View data |
| 10 | 10 Argentina | 1,290 | 2023 | -2.2% | -7.05% | View data |
