The European exports of renewables and biofuels show Germany leading with a significant share, followed by Spain and the Netherlands. Latvia and Sweden experienced notable growth in their shares, indicating a strong upward trend in renewables output. Italy, Greece, and Ireland also demonstrated substantial year-on-year growth, signaling expanding export capabilities. Conversely, Poland and Serbia saw declines, while Ukraine's share decreased, likely due to geopolitical tensions.
Future trends to watch for include the rising export shares in Southern and Central European countries like Italy and Spain, driven by policy incentives and technological advancements. Monitoring shifts due to geopolitical changes will also be crucial, particularly for Ukraine. Northern European countries may leverage their innovations in renewables to increase their export footprint further.
Top countries in Exports of Renewables and Biofuels Share by Country (Terajoules)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 17.36 | 2023 | +4.1% | +4.73% | View data |
| 2 | 2 Spain | 15.27 | 2023 | +7.87% | +6.28% | View data |
| 3 | 3 Netherlands | 8.85 | 2023 | +2.45% | +3.49% | View data |
| 4 | 4 Latvia | 8.58 | 2023 | +4.31% | +9.55% | View data |
| 5 | 5 France | 5.67 | 2023 | +9.26% | +1.79% | View data |
| 6 | 6 Italy | 4.91 | 2023 | +12.09% | +25.62% | View data |
| 7 | 7 Austria | 4.84 | 2023 | +3.65% | +3.73% | View data |
| 8 | 8 Estonia | 4.55 | 2023 | +13.17% | +6.44% | View data |
| 9 | 9 Czech Republic | 3.57 | 2023 | +6% | +9.03% | View data |
| 10 | 10 Sweden | 3.31 | 2023 | +9.86% | +10.46% | View data |
