In 2023, Canada led the global international road freight market with 28.2 million tonne-km, gaining 2.73% year-on-year. Lithuania and Romania experienced growth with 5.71% and 3.34%, respectively. Germany and the Netherlands saw declines of 3.35% and 3.49%. Other notable growth was in Belarus and Slovenia with modest gains, while the UK and Azerbaijan faced significant contractions. The average growth rate over the past five years suggests variability, with fluctuations reflecting the intricate market dynamics influenced by geopolitical factors and economic conditions.
Future trends to watch include:
- Potential market shifts due to geopolitical dynamics, especially in Eastern Europe.
- Technological advancements in logistics and transportation efficiency.
- Sustainability measures influencing regulatory changes and operational costs.
- Impact of economic policies on trade routes and market shares.
Top countries in International Road Freight in Million Tonne-Km Share by Country (Million Tonne Kilometers)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Canada | 28.2 | 2023 | +0.97% | +2.73% | View data |
| 2 | 2 Lithuania | 12.47 | 2023 | +4.24% | +5.71% | View data |
| 3 | 3 Romania | 12.37 | 2023 | +3.68% | +3.34% | View data |
| 4 | 4 Germany | 7.38 | 2023 | -2.64% | -3.35% | View data |
| 5 | 5 Netherlands | 6.88 | 2023 | -2.9% | -3.49% | View data |
| 6 | 6 Belarus | 5.7 | 2023 | +3.02% | +2.63% | View data |
| 7 | 7 Slovenia | 5.35 | 2023 | +4.05% | +2.52% | View data |
| 8 | 8 Ukraine | 5.31 | 2023 | +4.77% | +1.57% | View data |
| 9 | 9 Russian Federation | 3.8 | 2023 | |||
| 10 | 10 Belgium | 2.65 | 2023 | -1.74% | -1.47% | View data |
