In 2023, Germany, Spain, and the Netherlands led European renewables and biofuels exports. Latvia and Italy showed strong growth in 2023 with increases of 9.55% and 25.62% respectively, while countries like Poland and Ukraine faced declines. Notably, countries with smaller export volumes, such as Finland and Greece, experienced significant growth at 20.6% and 22.23%. Malta saw the most significant surge at 54.88%, despite starting from a lower base.
Looking forward, Eastern European countries and Mediterranean regions might offer growth potential due to increasing investments and favorable policies. Attention should be given to sustainability and technological advancements to enhance export competitiveness.
Top countries in Renewables and Biofuels Exports by Country
| # | 10 Countries | Gigawatthours | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 37,410 | 2023 | +4.1% | +4.73% | View data |
| 2 | 2 Spain | 32,900 | 2023 | +7.87% | +6.28% | View data |
| 3 | 3 Netherlands | 19,230 | 2023 | +2.86% | +3.66% | View data |
| 4 | 4 Latvia | 18,730 | 2023 | +4.31% | +9.55% | View data |
| 5 | 5 France | 12,220 | 2023 | +9.26% | +1.79% | View data |
| 6 | 6 Italy | 10,570 | 2023 | +12.09% | +25.62% | View data |
| 7 | 7 Austria | 10,490 | 2023 | +3.84% | +3.83% | View data |
| 8 | 8 Estonia | 9,810 | 2023 | +13.17% | +6.44% | View data |
| 9 | 9 Czech Republic | 7,690 | 2023 | +6% | +9.03% | View data |
| 10 | 10 Sweden | 7,120 | 2023 | +9.86% | +10.46% | View data |
