News Global Market EU 1754 27 March 2026
Purchases fell by 11.1% y/y in monetary terms, while the United States and Norway remained key suppliers
In 2025, the European Union imported energy products worth €336.7 billion, or 723.3 million tons, which was less than the previous year in terms of both value and physical volume. In monetary terms, imports fell by 11.1% year-on-year, and in physical terms, by 0.6% year-on-year. This is according to Eurostat data.
The downward trend has continued for the third consecutive year. Compared to 2022, the value of energy imports to the EU fell by 51.4% — from €693.4 billion — and physical volumes by 14.9%, from 849.6 million tons. Oil purchases saw the sharpest decline in 2025: the value of imports fell by 17.8% y/y, and volumes by 6.1% y/y. At the same time, the liquefied natural gas (LNG) segment showed the opposite trend: its imports rose by 35.2% y/y in value and by 24.4% y/y in volume. Imports of natural gas in gaseous form increased by 3.4% in monetary terms, although they decreased by 5.3% in physical terms.
In 2025, the United States and Norway remained the EU’s key energy partners. The largest oil suppliers were the United States with a 15.1% share, Norway with 14.4%, and Kazakhstan with 12.7%. In the LNG segment, the United States accounted for 56% of total EU imports, significantly ahead of Russia with 13.9% and Qatar with 8.9%. In the natural gas market, Norway remained the leader with a 52.1% share, followed by Algeria at 17.4% and Russia at 10.4%.
As a reminder, in the third quarter of 2025, greenhouse gas emissions in the EU economy rose by 1.1% q/q, to 828 million metric tons of CO2 equivalent. EU GDP increased by 0.4% quarter-on-quarter, indicating continued economic recovery despite the growing environmental burden. The largest increases in emissions were recorded in households (+3.6% quarter-on-quarter) and industry (+1.4% q/q). The only sector where the figure decreased was electricity, gas, steam, and air conditioning supply (-0.8% q/q).


