Europe was a net importer of clean energy technologies in 2021, with an average trade balance of -38 percent across key technologies. Solar PV had the highest share of imports for meeting domestic demand, at roughly -100 percent. Meanwhile, Europe was a net exporter of wind turbines.
Trade balance of clean energy technologies in Europe in 2021, by product
Trade balance is the volume of net exports divided by production in each region for the net exporters (positive) or imports divided by consumption in each region for the net importers (negative).
Figures are based on physical units, not monetary trade flows. Due to data availability, monetary flows are used for heat pumps and wind turbines.
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IEA. (January 18, 2023). Trade balance of clean energy technologies in Europe in 2021, by product [Graph]. In Statista. Retrieved November 05, 2024, from https://www.statista.com/statistics/1427917/europe-clean-energy-tech-trade-balance-by-product/
IEA. "Trade balance of clean energy technologies in Europe in 2021, by product." Chart. January 18, 2023. Statista. Accessed November 05, 2024. https://www.statista.com/statistics/1427917/europe-clean-energy-tech-trade-balance-by-product/
IEA. (2023). Trade balance of clean energy technologies in Europe in 2021, by product. Statista. Statista Inc.. Accessed: November 05, 2024. https://www.statista.com/statistics/1427917/europe-clean-energy-tech-trade-balance-by-product/
IEA. "Trade Balance of Clean Energy Technologies in Europe in 2021, by Product." Statista, Statista Inc., 18 Jan 2023, https://www.statista.com/statistics/1427917/europe-clean-energy-tech-trade-balance-by-product/
IEA, Trade balance of clean energy technologies in Europe in 2021, by product Statista, https://www.statista.com/statistics/1427917/europe-clean-energy-tech-trade-balance-by-product/ (last visited November 05, 2024)
Trade balance of clean energy technologies in Europe in 2021, by product [Graph], IEA, January 18, 2023. [Online]. Available: https://www.statista.com/statistics/1427917/europe-clean-energy-tech-trade-balance-by-product/
