Energy imports to the EU declined again in 2025

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).

  • Infrastructure

Businesses purchased the entire volume of electricity at the first long-term auctions

The first electricity auctions under the new long-term contract mechanism have taken place in Ukraine.…

Monday July 13, 2026
  • Global Market

India has extended the anti-dumping duty on imports of seamless pipes from China

India has extended the anti-dumping duty on imports of seamless pipes, tubes and hollow sections…

Monday July 13, 2026
  • Companies

Jingye Steel will insist on full compensation for the takeover of British Steel

China’s Jingye Steel has stated that it will demand prompt, adequate and effective compensation from…

Monday July 13, 2026
  • Global Market

EU decision on steel quotas poses further challenges for Ukraine – Politico

On 1 July, new EU safeguard measures on steel came into force after the European…

Monday July 13, 2026
  • Global Market

JSW Italy has reached an agreement with the Italian government on the development of the Piombino steelworks

The Italian Ministry of Economic Development (Mimit) has reached an agreement with JSW on the…

Monday July 13, 2026
  • Global Market

Baosteel is raising prices for hot-rolled steel for August sales

Baoshan Iron & Steel (Baosteel), a subsidiary of the world’s leading steel producer China Baowu…

Monday July 13, 2026