The European fossil fuels energy exports landscape in 2023 showed Norway as the leading exporter with 21.4%, demonstrating a growth of 2.89% from the previous year. The Netherlands, Belgium, and the UK followed, although the Netherlands and the UK experienced a decline of 2.05% and 2.5% respectively. Germany saw a significant 5.32% decrease. In contrast, Latvia and Croatia exhibited notable growth at 7.32% and 4.09%, respectively. Overall, variations indicate a diverse region with different trends within countries, despite a general decline in larger economies.
Looking forward to 2024, European countries need to monitor geopolitical influences, renewable energy adoption rates, and economic policies impacting the fossil fuel sector. The shift towards renewable energy sources may pressure traditional export shares, while technological advances and policy reforms could create opportunities for growth in diversified energy portfolios.
Top countries in Fossil Fuels Energy Exports Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 21.4 | 2023 | +2.07% | +2.89% | View data |
| 2 | 2 Netherlands | 17.15 | 2023 | +4.36% | -2.05% | View data |
| 3 | 3 Belgium | 9.63 | 2023 | +1.13% | +1.52% | View data |
| 4 | 4 United Kingdom | 9.36 | 2023 | -1.01% | -2.5% | View data |
| 5 | 5 Germany | 9.33 | 2023 | +1.5% | -5.32% | View data |
| 6 | 6 Spain | 5.14 | 2023 | +1.66% | -3.59% | View data |
| 7 | 7 Italy | 4.5 | 2023 | -1.09% | -0.88% | View data |
| 8 | 8 France | 4.13 | 2023 | +2.29% | -3.58% | View data |
| 9 | 9 Poland | 2.55 | 2023 | -2.93% | -0.54% | View data |
| 10 | 10 Greece | 2.5 | 2023 | +2.13% | -0.51% | View data |
