EU biofuel imports doubled in 2022 while exports rose by a quarter

In Belgium, the European Commission reports that in 2022, the EU spent €28.4 billion on imports of green energy products (including wind turbines, solar panels and liquid biofuels) from extra-EU countries, more than double the amount in 2021 (€13.3. billion). Increases were recorded for liquid biofuels with 2022 imports reaching €5.1 billion, up 49% on 2021 (€3.4 billion).

The value of green energy products exported by the EU to extra-EU countries was significantly lower (€3.7 billion) and was 27% lower than the corresponding 2021 figure (€5.0 billion). Liquid biofuel exports numbered €1.6 billion, up 23% from 2021 (€1.3 billion).

Exports of liquid biofuels only totalled €0.5 billion in 2012 and grew to €1.6 billion in 2022, representing a 235% increase on 2012 exports.