In 2023, China led the global support for fossil fuels in transportation, with a significant support value, followed by Australia and Italy. The United States, despite being an industrial giant, had relatively low support. Notable increases included Ukraine and Russia, showcasing substantial year-on-year growth. Belgium and Chile also recorded strong positive variations. Conversely, countries like Colombia, Canada, and Japan experienced marked declines. The data reflects varying national policies and economic conditions impacting fossil fuel support levels.
Future trends to monitor include potential shifts due to global policy changes aiming at carbon reduction. The increasing emphasis on renewable energy sources and electric vehicles may continue to influence reduced reliance on fossil fuels, affecting support levels across countries differently.
Top countries in Total Support on All Fossil Fuels for Transportation Share by Country (Million US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 42.16 | 2023 | -0.53% | +1.93% | View data |
| 2 | 2 Australia | 11.53 | 2023 | +3.61% | +1.36% | View data |
| 3 | 3 Italy | 10.64 | 2023 | +3.74% | +0.55% | View data |
| 4 | 4 France | 10.57 | 2023 | +5.66% | +5.22% | View data |
| 5 | 5 South Africa | 4.47 | 2023 | +6.52% | +2.35% | View data |
| 6 | 6 Argentina | 3.59 | 2023 | +6.87% | -3.49% | View data |
| 7 | 7 Ireland | 3.44 | 2023 | +8.23% | -0.31% | View data |
| 8 | 8 Chile | 2.89 | 2023 | +11.09% | +5.34% | View data |
| 9 | 9 United States | 2.05 | 2023 | +1.2% | -2.03% | View data |
| 10 | 10 Israel | 2.05 | 2023 | +1.53% | +1.25% | View data |
