In 2023, Norway dominated the European crude oil export market, holding the largest share, followed by the United Kingdom and Denmark. Norway saw a substantial year-on-year increase of 7.21%, while the United Kingdom experienced a minor decline of 0.33%. Denmark saw a significant decrease of 16.34%. Among smaller exporters, Slovakia and Romania reported substantial year-on-year growth at 37.67% and 131.51% respectively. Conversely, Italy saw the most considerable decline at 32.74%. Over the last five years, the market saw varied performances across countries, with overall dynamic shifts.
Future trends to monitor include potential market share changes in response to geopolitical tensions, energy policy reforms, and renewable energy investments, which could significantly impact European crude oil exports.
Top countries in Crude Oil Exports Share by Country (Gigawatthours)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 66.28 | 2023 | +5.25% | +7.21% | View data |
| 2 | 2 United Kingdom | 30.59 | 2023 | -0.00096% | -0.33% | View data |
| 3 | 3 Denmark | 0.88 | 2023 | -25.34% | -16.34% | View data |
| 4 | 4 Croatia | 0.5 | 2023 | +14.65% | View data | |
| 5 | 5 Albania | 0.36 | 2023 | -5.17% | -3.34% | View data |
| 6 | 6 Poland | 0.18 | 2023 | +3.23% | -4.48% | View data |
| 7 | 7 Netherlands | 0.15 | 2023 | -23.59% | -14.8% | View data |
| 8 | 8 Greece | 0.11 | 2023 | -14.29% | -6.63% | View data |
| 9 | 9 Hungary | 0.1 | 2023 | +0.99% | -19.04% | View data |
| 10 | 10 France | 0.059 | 2023 | +2.74% | View data |
