In 2023, Chile led the Global Direct Transfer on Fossil Fuels for Transportation with 0.56% of GDP, followed by Colombia and Argentina. Ukraine saw a remarkable increase of 137.14%, indicating potential geopolitical influences. Conversely, China experienced a significant decrease of 18.39%, indicating a shift in fuel policies or improvements in energy efficiency. Other countries like Brazil and Colombia showed moderate negative trends, while Belarus and Mexico remained stable or saw slight increases.
Future trends to watch include:
- Potential policy shifts in China and Ukraine may further impact their contributions.
- Continued investments in renewable energy might reduce reliance on fossil fuels globally.
- Regional geopolitical changes could alter direct transfer figures significantly in affected countries.
Top countries in Direct Transfer on All Fossil Fuels for Transportation by Country
| # | 9 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Chile | 0.56 | 2023 | +14.4% | +11.86% | View data |
| 2 | 2 Colombia | 0.24 | 2023 | +22.34% | -9.59% | View data |
| 3 | 3 Argentina | 0.12 | 2023 | +6.19% | -3.31% | View data |
| 4 | 4 Ukraine | 0.075 | 2023 | +20.97% | +137.14% | View data |
| 5 | 5 China | 0.038 | 2023 | -33.33% | -18.39% | View data |
| 6 | 6 Brazil | 0.035 | 2023 | +40% | -9.29% | View data |
| 7 | 7 Lithuania | 0.016 | 2023 | +14.29% | -2.33% | View data |
| 8 | 8 Belarus | 0.014 | 2023 | 0% | +4.94% | View data |
| 9 | 9 Mexico | 0.001 | 2023 | 0% | View data |
