Germany leads in European crude oil imports share in terajoules for 2023, holding a 14.54% share with a 1.56% decrease from the previous year. Spain, Italy, and the Netherlands are close competitors, representing significant shares with slight fluctuations; notably, the Netherlands experienced a rise of 1.38%, unlike others which had minimal changes. Conversely, significant drops were noted in France, the UK, and Portugal, with France decreasing by 3.12%, suggesting shifting energy strategies. Ukraine's unexpected rise of 21.3% denotes geopolitical influences, while Croatia experienced a substantial decline of 10.07%.
Future trends to watch:
- Geopolitical impacts, particularly affecting countries like Ukraine, influencing import shares.
- Shifts in renewable energy adoption potentially reducing crude oil reliance in countries such as Germany and France.
- Anticipated environmental policies across Europe may alter traditional oil import trends, favoring sustainable energy sources.
- Technological advancements and energy diversification strategies across nations could impact future import shares.
Top countries in Crude Oil Imports Share by Country (Terajoules)
| # | 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 | 11.25 | 2023 | +3.23% | -0.06% | 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 | 4.42 | 2023 | +1.69% | +0.12% | View data |
| 10 | 10 Sweden | 3.22 | 2023 | -1.12% | -2.53% | View data |
