Germany remains the largest European crude oil importer, accounting for 14.54 Gigawatthours. Spain and Italy follow, but growth is limited. Among smaller importers, Bulgaria and Ukraine saw notable increases in imports, with Ukraine experiencing a 21.3% rise. Netherlands and Belgium's shares are gaining, while significant decreases were notable in France, Sweden, Finland, and Portugal.
Future trends indicate potential shifts due to geopolitical tensions, evolving energy policies favoring renewable sources, and economic conditions impacting demand. Monitoring import patterns of emerging economies and technological advancements in energy efficiency could significantly alter the European oil landscape in coming years.
Top countries in Crude Oil Imports Share by Country (Gigawatthours)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 14.54 | 2023 | -1.6% | -1.56% | View data |
| 2 | 2 Spain | 12.57 | 2023 | +5.01% | +0.25% | View data |
| 3 | 3 Italy | 11.27 | 2023 | +3.4% | -0.029% | View data |
| 4 | 4 Netherlands | 10.78 | 2023 | +3.81% | +1.38% | View data |
| 5 | 5 France | 8.36 | 2023 | +2.3% | -3.12% | View data |
| 6 | 6 United Kingdom | 8.14 | 2023 | -0.53% | -0.43% | View data |
| 7 | 7 Belgium | 6.28 | 2023 | +4.84% | +0.79% | View data |
| 8 | 8 Poland | 4.66 | 2023 | +1.2% | -1.2% | View data |
| 9 | 9 Greece | 4.41 | 2023 | +1.69% | +0.12% | View data |
| 10 | 10 Sweden | 3.22 | 2023 | -1.12% | -2.53% | View data |