The export value of transport services in China has shown significant volatility over the years. From 2013 to 2019, the values fluctuated marginally, with a notable decline in 2016. However, from 2019 onwards, the exports soared dramatically with a peak in 2021 and a slight dip post-2022. The year-on-year variations reflect these changes profoundly: a massive 31.67% increase in 2020, a 52.01% surge in 2021, followed by more stabilized figures recently: -0.34% in 2023. The 5-year CAGR from 2023 indicates a negligible decline of -0.07%, suggesting a plateauing trend.
Looking ahead, it's crucial to monitor the global trade environment, technological advancements, and policy changes impacting China's transport services sector. Factors such as geopolitical developments, sustainability regulations, and digitalization efforts could significantly shape future export dynamics.