The analysis of European fossil energy exports in 2024 shows Norway as the dominant exporter, followed by the Netherlands and the UK. Germany and Belgium also stand out for posting positive growth in 2023. Meanwhile, Denmark, Latvia, and Bosnia and Herzegovina experienced notable declines. Remarkably, Macedonia, Montenegro, and Kosovo posted double-digit growth last year. Over the past five years, Europe has witnessed steady fluctuations, with Norway showing positive growth and several Central and Eastern European countries facing challenges. In this period, Western Europe generally displayed resilience, while Eastern countries experienced varied results.
Future trends in European fossil energy exports suggest a shift towards diversification and a reduction in dependency on fossil fuels, potentially influencing export volumes. The increasing emphasis on renewable energy sources and efforts to decarbonize the economy could change export dynamics significantly among European countries, with a potential decrease in fossil fuel exports and a boost in green energy investments and exports.
Top countries in Fossil Energy Exports by Country
| # | 10 Countries | Gigawatthours | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 2,303,100 | 2023 | +1.09% | +1.37% | View data |
| 2 | 2 Netherlands | 1,270,400 | 2023 | -4.09% | -3.47% | View data |
| 3 | 3 United Kingdom | 841,190 | 2023 | -0.85% | -1.05% | View data |
| 4 | 4 Belgium | 436,800 | 2023 | +6.26% | +1.95% | View data |
| 5 | 5 Germany | 352,590 | 2023 | +1.56% | +2% | View data |
| 6 | 6 Italy | 346,000 | 2023 | +3.37% | -0.57% | View data |
| 7 | 7 France | 313,690 | 2023 | +6.58% | +2.29% | View data |
| 8 | 8 Spain | 300,600 | 2023 | -1.05% | -2.24% | View data |
| 9 | 9 Greece | 259,630 | 2023 | +3.22% | +1.74% | View data |
| 10 | 10 Sweden | 189,840 | 2023 | +1.56% | -1.35% | View data |
