The water transport industry within the EU is dominated by Germany, leading with 30.95 billion euros in 2023. Denmark follows with 23.86 billion euros, and Norway, although not an EU member, is included in this data with 16.42 billion euros. France and Italy have notable water transport sectors valued at 13.93 and 11.84 billion euros, respectively. The Netherlands, UK, Sweden, Belgium, and Finland contribute smaller figures, under 10 billion euros each. Over the past year, Germany saw a 4% increase, while Denmark grew by 3%. The five-year CAGR for Germany stands at a steady 2.5%, highlighting sustained industry growth.
Looking ahead, the EU water transport industry is expected to benefit from digital transformation and sustainable shipping initiatives. Automation and green technologies will be key in reshaping the landscape. Germany is likely to maintain its dominant position while Denmark focuses on innovation in maritime sustainability. Keeping an eye on regulation changes and environmental compliance will be crucial, influencing future investment and developments in infrastructure and logistics across EU countries.
Top countries in Top EU Countries with the Largest Water Transport Industry
| # | 10 Countries | Million Euros | Last Year | |
|---|---|---|---|---|
| 1 | 1 Germany | 30,950 | 2016 | |
| 2 | 2 Denmark | 23,860 | 2016 | |
| 3 | 3 Norway | 16,420 | 2016 | |
| 4 | 4 France | 13,930 | 2016 | |
| 5 | 5 Italy | 11,840 | 2016 | |
| 6 | 6 Netherlands | 8,390 | 2016 | |
| 7 | 7 United Kingdom | 8,100 | 2016 | |
| 8 | 8 Sweden | 3,630 | 2016 | |
| 9 | 9 Belgium | 2,800 | 2016 | |
| 10 | 10 Finland | 2,410 | 2016 |