The Netherlands leads European Gas Oil and Diesel Oil (excluding biofuel portion) exports at 1.1924 million terajoules, showing a 3.42% increase in 2023. Other key exporters include Belgium, Greece, and Germany, with Greece seeing a notable 4.14% rise. Significantly, Bulgaria and Serbia reported the largest year-on-year increases (12.03% and 11.71% respectively). While many countries experienced growth, the United Kingdom and Hungary faced declines of 3.65% and 7.11% respectively. Over a five-year period, the compounded annual growth rate (CAGR) reflects varying performance, highlighting strategic market shifts and regional dynamics.
Future trends to watch include evolving geopolitical interactions affecting trade, technological advancements in energy efficiency, and shifts in economic policies targeting carbon neutrality, which could reshape the landscape of European Gas Oil and Diesel Oil exports. Additionally, growth in renewable energy may impact long-term demand and export strategies for conventional oil products.
Top countries in Gas Oil and Diesel Oil (Excluding Biofuel Portion) Exports by Country
| # | 10 Countries | Terajoules | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 1,192,400 | 2023 | +1.49% | +3.42% | View data |
| 2 | 2 Belgium | 475,960 | 2023 | +4.17% | -0.71% | View data |
| 3 | 3 Greece | 394,660 | 2023 | +4.13% | +4.14% | View data |
| 4 | 4 Germany | 394,020 | 2023 | +0.72% | +2.67% | View data |
| 5 | 5 Italy | 391,310 | 2023 | +4.33% | +0.45% | View data |
| 6 | 6 Spain | 282,780 | 2023 | +1.34% | +1.41% | View data |
| 7 | 7 Sweden | 246,870 | 2023 | +1.66% | -1.63% | View data |
| 8 | 8 Norway | 204,580 | 2023 | +11.02% | +2.9% | View data |
| 9 | 9 Finland | 176,810 | 2023 | +4.86% | +2.78% | View data |
| 10 | 10 United Kingdom | 153,010 | 2023 | -3.85% | -3.65% | View data |
