In 2023, Norway dominated European crude oil exports, leading with substantial exports, whereas the United Kingdom followed with significantly lower figures. Denmark and Croatia had minor contributions. Notably, Norway saw a 7.21% increase from the previous year, starkly contrasting the declines in Denmark and the Netherlands. Slovakia experienced a striking 42.25% rise, revealing potential growth dynamics. Conversely, Italy's exports plummeted by 32.74%. Over the past five years, these countries showed varied trends, reflecting a dynamic export landscape.
Looking ahead, European crude oil exports may face fluctuations due to geopolitical factors, energy transition policies, and technological advancements. Watch for potential increases in smaller exporting countries as they diversify their energy sectors and potentially capture export market share with evolving technologies and policies. Additionally, keep an eye on Norway's sustained leadership and potential strategic shifts in the UK for the coming years.
Top countries in Crude Oil Exports by Country
| # | 10 Countries | Terajoules | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 3,745,300 | 2023 | +5.25% | +7.21% | View data |
| 2 | 2 United Kingdom | 1,728,500 | 2023 | -0.00096% | -0.33% | View data |
| 3 | 3 Denmark | 49,490 | 2023 | -25.34% | -16.34% | View data |
| 4 | 4 Croatia | 27,500 | 2023 | +14.08% | View data | |
| 5 | 5 Albania | 19,530 | 2023 | -8.02% | -4.36% | View data |
| 6 | 6 Poland | 10,010 | 2023 | +3.23% | -4.48% | View data |
| 7 | 7 Netherlands | 8,310 | 2023 | -23.59% | -14.8% | View data |
| 8 | 8 Greece | 5,990 | 2023 | -14.29% | -6.63% | View data |
| 9 | 9 Hungary | 5,730 | 2023 | +0.99% | -19.04% | View data |
| 10 | 10 France | 3,330 | 2023 | +2.74% | View data |
