Shell: revenue distribution by region 2023

In 2023, Shell generated more than a third of its revenue in the European market. By comparison, Asia, Oceania, and Africa were responsible for 31.57 percent of revenue generated. This was followed by the United States that accounted for 22.2 percent. Shell is one of the leading oil and gas companies worldwide, operating in every segment of the oil and gas industry. The company is headquartered London, United Kingdom.

Revenue distribution of Shell from 2011 to 2023, by region

Characteristic	Asia, Oceania, Africa	United States	Europe	Other Americas
2011	31.5%	19.6%	39.9%	9%
2013	34.9%	16.1%	38.9%	10.1%
2015	36.2%	19.1%	35.9%	8.8%
2017	37.6%	21.9%	33%	7.5%
2019	40.6%	24.1%	28.5%	6.8%
2021	33.3%	30%	28.2%	8.5%
2023	31.57%	22.2%	37.31%	8.92%

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Release date

March 2024

More information

Region

Worldwide

Survey time period

2011 to 2023

Special properties

Excluding inter-segment sales.

Supplementary notes

Values from 2018 onward were calculated manually from absolute figures. Figures were rounded.

This statistic has been assembled using several editions of the report.

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