Norway continues to be the leading exporter of natural gas in Europe, although experiencing a slight decrease of 0.46% in 2023. Notable increases in exports were observed in France and Belgium, with year-on-year growth rates of 20.19% and 26.69% respectively. Romania saw a significant upsurge of 128.61%, indicating rising export activities. In contrast, the United Kingdom, Netherlands, and Spain experienced modest declines. Over a five-year period, Belgium and Italy have shown consistent export growth, while Croatia and Slovenia have faced challenges with declining rates.
Looking to the future, Europe's natural gas exports may see geographical diversification, spurred by energy security concerns and shifting geopolitical dynamics. Monitoring technological innovations, energy transition policies, and new supply agreements will be essential for informing strategy and investment in the region's natural gas markets.
Top countries in Exports of Natural Gas by Country
| # | 10 Countries | Terajoules | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 4,142,400 | 2023 | +1.64% | -0.46% | View data |
| 2 | 2 Netherlands | 733,880 | 2023 | +6.98% | -0.31% | View data |
| 3 | 3 France | 338,130 | 2023 | +2.61% | +20.19% | View data |
| 4 | 4 United Kingdom | 251,170 | 2023 | -3.48% | -1.33% | View data |
| 5 | 5 Belgium | 156,710 | 2023 | +4.75% | +26.69% | View data |
| 6 | 6 Spain | 109,720 | 2023 | +0.0086% | -1.49% | View data |
| 7 | 7 Romania | 64,890 | 2023 | +43.92% | +128.61% | View data |
| 8 | 8 Denmark | 60,970 | 2023 | -2.4% | +1.12% | View data |
| 9 | 9 Poland | 58,100 | 2023 | +21.48% | +19.69% | View data |
| 10 | 10 Italy | 43,920 | 2023 | +4.64% | +26.82% | View data |
