The European exports of renewables and biofuels revealed notable growth in countries like Finland (21.44% YoY), Malta (54.88%), and Greece (22.23%), reflecting a strong upward trajectory. Meanwhile, Italy experienced significant growth at 25.62% YoY. Conversely, negative growth was evident in Ukraine (-8.83%), Poland (-4.66%), and Serbia (-10.42%). Germany and Spain, maintaining higher export volumes, showed stable growth of 4.73% and 6.28% respectively.
Going forward, watch for technological advancements lowering production costs and potential policy shifts favoring green energy exports, further boosting the EU's contribution to global renewables distribution.
Top countries in Exports of Renewables and Biofuels Share by Country (Gigawatthours)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 17.43 | 2023 | +4.1% | +4.73% | View data |
| 2 | 2 Spain | 15.33 | 2023 | +7.87% | +6.28% | View data |
| 3 | 3 Netherlands | 8.9 | 2023 | +2.39% | +3.53% | View data |
| 4 | 4 Latvia | 8.62 | 2023 | +4.95% | +9.84% | View data |
| 5 | 5 France | 5.68 | 2023 | +9.26% | +1.79% | View data |
| 6 | 6 Italy | 4.93 | 2023 | +12.09% | +25.62% | View data |
| 7 | 7 Austria | 4.89 | 2023 | +3.84% | +3.83% | View data |
| 8 | 8 Estonia | 4.57 | 2023 | +13.17% | +6.44% | View data |
| 9 | 9 Czech Republic | 3.58 | 2023 | +6% | +9.03% | View data |
| 10 | 10 Sweden | 3.32 | 2023 | +9.86% | +10.46% | View data |
