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EU imports of energy products – latest developments

Tuesday, 02 July 2024 | 20:00

This article provides a picture of trade in energy products between the European Union (EU) and the rest of the world (extra-EU trade). The analysis focuses on yearly data for the period 2020-2024, with a view on the fourth quarters of 2022 and 2023, thus reflecting the most recent developments. Until the end of 2021, Russia was the main supplier of petroleum oils and natural gas to the EU. After Russia’s invasion of Ukraine, the European Union reacted with several packages of sanctions, which directly and indirectly affected the trade of oils and natural gas. A major diversification of suppliers started to emerge progressively in the following period.

The article shows data on trade in value (expressed in millions of euros) and net mass (weight expressed in tonnes). Supplementary information like trade in terajoules of natural gas can be found in Eurostat databases. The energy products considered in this article are petroleum oils (petroleum oils from natural gas condensates and petroleum oils obtained from bituminous minerals, crude), natural gas (liquefied and in gaseous state) and solid fuels (coal, lignite, peat and coke).

This article is part of an online publication providing recent statistics on international trade in goods, covering information on the EU’s main partners, main products traded, specific characteristics of trade as well as background information.
Source: Eurostat

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