The Transportation industry is essential to personal mobility and a prerequisite for achieving socio-economic progress. The industry is a key component of global production and supply chains, and a primary facilitator of international trade in goods and services. Emerging technologies and stricter environmental regulation are reshaping traditional transportation modes and driving investment in more efficient and sustainable transportation solutions.
Activities associated with the Transportation industry are transportation of passengers and cargo by road, rail, air and water, and the related support activities. Urban mobility, scenic and sightseeing transportation, courier and postal services, and pipeline transportation of oil and gas are also included in this industry.
As the largest contributor to the growth of the services sector in India, travel and tourism has tremendous potential for development. It plays a significant role in India’s economy, directly contributing 3.6% to its GDP in 2017 and directly ...READ MORE
The Philippines’ tourism sector made up 8.6% of the country’s GDP in 2016. The sector’s value added grew by 12.3% y/y, contributing some PHP 1.24tn GVA in the same year, according to figures of the Department of Tourism ...READ MORE
With a population of nearly 147mn people, Russia ranks the ninth most populous country and the largest by territory in the world. That alongside Russia’s favourable geographic position and the wealth of natural resources predetermine ...READ MORE
The combined value added of Brazil’s transportation, warehousing and postal services fell by 6.8% y/y at the end of 2016, indicating weaker performance of the industry than that of the overall economy, with the GDP contracting by 3.5% ...READ MORE
In Q3 2017, the total passenger traffic, including airlines passenger traffic, highway passenger traffic, railway passenger traffic and waterway passenger traffic, dropped by 5% y/y to 4.7bn, due above all to a decrease in highway passenger traffic, ...READ MORE
China’s transportation sector is almost entirely run by state-owned corporations, as its development is viewed as a major driver for the country’s economic growth. In the railways subsector, there was extensive construction of new ...READ MORE
Hungary is located at the crossroads of four major road, railway and inland waterway corridors that link Eastern, Western and Southern Europe. The country’s transportation sector accounts for around 5.1% of its GDP and close to 7% of total ...READ MORE
The value added of Thailand’s transportation and communications sector stood at THB 1,030.7bn in 2016, growing 5.5% y/y from 2015. The sector recorded 44,672 transportation and storage enterprises that employed some 1.2 million people, or ...READ MORE
The transportation and storage sector is one of the important service sectors in the Czech Republic. The sector’s gross value added (GVA) reached CZK 242bn in 2016, accounting for 5.6% of total GVA and 9.3% of GVA from services. The ...READ MORE
China had 123,993 km of railways at the end of 2016, up by 2.5% y/y. Of these railway lines, 21,741 km were high-speed rail (HSR), making China’s the longest HSR network in the world. In 2016, the railway sector saw stable growth in passenger ...READ MORE