Norway leads European fossil energy exports, holding a 30.37% share in 2023, sustaining modest growth. The Netherlands and the UK follow, although both experienced slight declines. Germany and Belgium show positive growth, highlighting robust economic activity. Conversely, Denmark and Latvia face significant reductions, emphasizing shifting energy strategies. Smaller countries like Macedonia, Montenegro, and Kosovo display remarkable year-on-year increases, though from lower bases. Meanwhile, Luxembourg and Moldova face substantial negative changes, indicating potential challenges in their energy export sectors.
Future trends to watch in European fossil energy exports include Norway's dominance amidst growing calls for green energy transitions. The Netherlands and the UK's decline signals potential shifts towards renewable sources. Analyzing the rapid growth in smaller countries, it will be critical to assess these trends' sustainability and the broader impacts of increased energy efficiency and regulatory adjustments across the continent.
Top countries in Fossil Energy Exports Share by Country (Thousand Tonnes Of Oil Equivalent)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 30.37 | 2023 | +1.09% | +1.37% | View data |
| 2 | 2 Netherlands | 16.75 | 2023 | -4.09% | -3.47% | View data |
| 3 | 3 United Kingdom | 11.09 | 2023 | -0.85% | -1.05% | View data |
| 4 | 4 Belgium | 5.76 | 2023 | +6.26% | +1.95% | View data |
| 5 | 5 Germany | 4.65 | 2023 | +1.56% | +2% | View data |
| 6 | 6 Italy | 4.56 | 2023 | +3.37% | -0.57% | View data |
| 7 | 7 France | 4.14 | 2023 | +6.58% | +2.29% | View data |
| 8 | 8 Spain | 3.96 | 2023 | -1.05% | -2.24% | View data |
| 9 | 9 Greece | 3.37 | 2023 | +2.7% | +1.43% | View data |
| 10 | 10 Sweden | 2.5 | 2023 | +1.56% | -1.35% | View data |