The 2023 data reveals that China leads in global direct transfer on all fossil fuels with $3.9 billion, followed by Indonesia and Argentina with $2.52 billion and $2.24 billion, respectively. Notable year-on-year variations include a 5.02% increase for China, a significant 21.17% uptick for Finland, and Poland's sharp 11.05% decrease. Over five years, India saw substantial growth, while the Netherlands experienced declines.
Looking ahead, key trends to watch include potential shifts towards renewable energy impacting direct fossil fuel transfers. Countries like Finland may continue to increase investments, while Poland's declining trend could either stabilize or extend, influencing their global market presence.
Top countries in Direct Transfer on All Fossil Fuels for Producers by Country
| # | 10 Countries | Million US Dollars, Constant = 2020 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 3,900 | 2023 | +4.8% | +5.02% | View data |
| 2 | 2 Indonesia | 2,520 | 2023 | +7.04% | View data | |
| 3 | 3 Argentina | 2,240 | 2023 | +8.95% | -1.14% | View data |
| 4 | 4 Germany | 1,570 | 2023 | -1.94% | +1.01% | View data |
| 5 | 5 Japan | 798.77 | 2023 | +3.89% | +9.36% | View data |
| 6 | 6 Azerbaijan | 793.64 | 2023 | +35.5% | +8.72% | View data |
| 7 | 7 Israel | 166.24 | 2023 | +1.22% | +4.37% | View data |
| 8 | 8 Poland | 114.14 | 2023 | -34.11% | -11.05% | View data |
| 9 | 9 South Korea | 107.87 | 2023 | +0.36% | +4.53% | View data |
| 10 | 10 Chile | 83.79 | 2023 | +2.53% | +0.54% | View data |