In 2023, France led global ocean-related transport tax revenue with $1.66 billion, showing a significant increase of 1.94% from the previous year. Brazil also made substantial contributions, though slightly declining by 0.54%. The United States saw a 2.48% rise, reflecting growing activity. Costa Rica experienced a notable rise of 3.57%, while Finland faced a decline of 3.85%. Cyprus and Fiji demonstrated remarkable increases at 5.88% and 17.61% respectively. On the contrary, countries like Denmark and Australia witnessed declines in revenue.
Future trends to watch include potential shifts in tax policies amid global discussions on sustainability and clean energy transitions. Emerging environmental regulations and geopolitical factors could further impact tax revenue dynamics across countries.
Top countries in Ocean-Related Transport Tax Revenue by Country
| # | 10 Countries | Million US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 1,660 | 2023 | +2.06% | +1.94% | View data |
| 2 | 2 Brazil | 795.95 | 2023 | +7.92% | -0.54% | View data |
| 3 | 3 United States | 67.96 | 2023 | +12.97% | +2.48% | View data |
| 4 | 4 Finland | 50.63 | 2023 | -2.11% | -3.85% | View data |
| 5 | 5 Costa Rica | 48.93 | 2023 | +2.09% | +3.57% | View data |
| 6 | 6 Denmark | 16.9 | 2023 | +0.78% | -2.12% | View data |
| 7 | 7 Kenya | 16.07 | 2023 | +3.21% | +1.5% | View data |
| 8 | 8 Cyprus | 10.22 | 2023 | +3.23% | +5.88% | View data |
| 9 | 9 Australia | 8.62 | 2023 | +0.94% | -1.1% | View data |
| 10 | 10 Bulgaria | 0.24 | 2023 | 0% | View data |
