In 2023, China's direct transfer value for fossil fuels in transportation significantly surpassed others, totaling 13.68 billion USD, despite a slight decrease. Ukraine showed the highest growth at 136.17%, contrasting with a substantial decrease in Indonesia of 42.65%. Chile and Ireland also experienced notable increases of 11.6% and 8.11%. Meanwhile, Colombia, Argentina, and Brazil faced reductions at 7.88%, 2.17%, and 9.91%, respectively.
Looking ahead, the global landscape of fossil fuel transfers for transportation indicates potential shifts. Expect increased policy interventions towards sustainability, emerging technologies reshaping fuel economics, and energy diversification efforts affecting future transfers.
Top countries in Direct Transfer on All Fossil Fuels for Transportation by Country
| # | 10 Countries | Million US Dollars, Constant = 2020 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 13,680 | 2023 | -5.34% | -0.97% | View data |
| 2 | 2 Chile | 1,480 | 2023 | +15.74% | +11.6% | View data |
| 3 | 3 Colombia | 746.12 | 2023 | +25.07% | -7.88% | View data |
| 4 | 4 Argentina | 552.07 | 2023 | +9.62% | -2.17% | View data |
| 5 | 5 Brazil | 507.93 | 2023 | +38.58% | -9.91% | View data |
| 6 | 6 Indonesia | 184.65 | 2023 | -84.54% | -42.65% | View data |
| 7 | 7 Ukraine | 64.36 | 2023 | +10.77% | +136.17% | View data |
| 8 | 8 Ireland | 17.37 | 2023 | +9.45% | +8.11% | View data |
| 9 | 9 Mexico | 9.99 | 2023 | +10.79% | View data | |
| 10 | 10 Lithuania | 9.14 | 2023 | +22.02% | -1.11% | View data |
