Electricity Exports by Country

Electricity exports

Electricity exports

International sales revenue from electricity exports by country totaled US$34.2 billion in 2018.

Overall, the value of exported electrical energy increased by an average 4% for all exporting countries since 2014 when electricity shipments were valued at $32.9 billion. Year over year, exported electricity appreciated by 13.8% from 2017 to 2018.

Among continents, Europe sold the highest dollar worth of exported electricity during 2018 with shipments valued at $23.5 billion or more than two-thirds (68.6%) of the global total. In second place were Asian exporters at 11.7% while 8.4% of worldwide electrical energy shipments originated from North America. Smaller percentages came from electricity suppliers in Latin America (7.2%) excluding Mexico but including the Caribbean, and Africa (4.2%).

For research purposes, the 4-digit Harmonized Tariff System code prefix for electrical energy is 2716.

Electricity Exports by Country

Countries

Below are the 15 countries that exported the highest dollar value worth of electricity during 2018.

  1. France: US$4.2 billion (12.2% of total electricity exports)
  2. Germany: $3.8 billion (11%)
  3. Canada: $2.3 billion (6.6%)
  4. Switzerland: $2.1 billion (6.2%)
  5. Paraguay: $2.1 billion (6.2%)
  6. Sweden: $1.6 billion (4.6%)
  7. Czech Republic: $1.5 billion (4.5%)
  8. China: $1.5 billion (4.4%)
  9. Laos: $1.4 billion (4.1%)
  10. Austria: $1.1 billion (3.2%)
  11. Norway: $963.2 million (2.8%)
  12. Russia: $808.9 million (2.4%)
  13. Slovenia: $777.8 million (2.3%)
  14. Spain: $772.2 million (2.3%)
  15. Hungary: $754.6 million (2.2%)

By value, the listed 15 countries shipped three-quarters (75%) of global electricity exports in 2018.

Among the top exporters, the fastest-growing electricity exporters since 2014 were: France (up 29.5%), Sweden (up 28.7%), Slovenia (up 21.4%) and Czech Republic (up 19.4%).

Those countries that posted declines in their exported electricity sales were led by: Germany (down -17.9%), Canada (down -15.2%), Switzerland (down -14.6%), Hungary (down -2.6%) and Paraguay (down -1.5%).

Advantages

The following countries posted the highest positive net exports for electricity during 2018. Investopedia defines net exports as the value of a country’s total exports minus the value of its total imports. Thus, the statistics below present the surplus between the value of each country’s exported electricity and its import purchases for that same commodity.

  1. France: US$3.3 billion (net export surplus up 16.6% since 2014)
  2. Germany: $2.2 billion (down -5.4%)
  3. Paraguay: $2.1 billion (down -1.5%)
  4. Canada: $1.9 billion (down -11.8%)
  5. Laos: $1.4 billion (reversing a -$13 million deficit)
  6. China: $1.3 billion (up 25.4%)
  7. Sweden: $860.5 million (up 47.6%)
  8. Russia: $723.9 million (up 75.6%)
  9. Norway: $533.4 million (down -12.2%)
  10. South Africa: $340.1 million (down -3.4%)
  11. Ukraine: $330.5 million (down -31.4%)
  12. Mozambique: $294.5 million (up 834.5%)
  13. Czech Republic: $279.6 million (down -32.7%)
  14. Bulgaria: $262 million (down -27.8%)
  15. Switzerland: $258.8 million (down -46%)

Overtaking Canada in 2018, France for generating the highest surplus in the international trade of electricity. In turn, this positive cashflow confirms France’s strong competitive advantage for this specific product category.

Opportunities

The following countries posted the highest negative net exports for electricity during 2018. Investopedia defines net exports as the value of a country’s total exports minus the value of its total imports. Thus, the statistics below present the deficit between the value of each country’s imported electricity purchases and its exports for that same commodity.

  1. Italy: -US$2.8 billion (net export deficit up 19.5% since 2014)
  2. United States: -$1.7 billion (down -18.9%)
  3. United Kingdom: -$1.6 billion (up 6.3%)
  4. Thailand: -$1.3 billion (up 218.8%)
  5. Belgium: -$1.1 billion (up 28.1%)
  6. Finland: -$1.1 billion (up 25.5%)
  7. Hungary: -$823.6 million (up 10.6%)
  8. Spain: -$792.4 million (reversing a $274.3 million surplus)
  9. Hong Kong: -$737.7 million (up 50%)
  10. Lithuania: -$483 million (up 141.6%)
  11. Macao: -$476.5 million (up 10.3%)
  12. Croatia: -$345.4 million (up 47.7%)
  13. Denmark: -$285.2 million (up 218%)
  14. Poland: -$276.9 million (up 100.3%)
  15. Greece: -$249.8 million (down -42.2%)

Overtaking the United States in 2018, Italy incurred the highest deficit in the international trade of electricity. In turn, this negative cashflow highlights Italy’s strong competitive disadvantage for this specific product category but also signals opportunities for electricity-supplying countries that help satisfy the powerful demand.

Companies

Electricity Exporting Companies

Below are global utility service providers, transmission system operators or distribution grid companies that represent players engaged in the international trade of electricity. The home country for each is shown within parenthesis.

  • China Southern Power Grid (China)
  • E.ON (Germany)
  • Électricité de France (France)
  • Enel (Italy)
  • Eskom (South Africa)
  • Hydro-Québec (Canada)
  • PAO Rosseti (Russia)
  • State Grid Corporation of China (China)
  • TenneT (Netherlands)
  • Vattenfall (Sweden)


 

Searchable List of Electricity Exporting Countries in 2018

You can change the presentation order by clicking the triangle icon at the top of the columns.

RankExporterElectricity Exports (US$)%World Total
1.France$4.2 billion12.2%
2.Germany$3.8 billion11%
3.Canada$2.3 billion6.6%
4.Switzerland$2.1 billion6.2%
5.Paraguay$2.1 billion6.2%
6.Sweden$1.6 billion4.6%
7.Czech Republic$1.5 billion4.5%
8.China$1.5 billion4.4%
9.Laos$1.4 billion4.1%
10.Austria$1.1 billion3.2%
11.Norway$963.2 million2.8%
12.Russia$808.9 million2.4%
13.Slovenia$777.8 million2.3%
14.Spain$772.2 million2.3%
15.Hungary$754.6 million2.2%
16.South Africa$574.2 million1.7%
17.Denmark$447 million1.3%
18.Ireland$426.8 million1.2%
19.Poland$403.4 million1.2%
20.Mozambique$401.4 million1.2%
21.United States$376.2 million1.1%
22.Portugal$374.3 million1.1%
23.Bosnia/Herzegovina$347.2 million1%
24.Bulgaria$341.3 million1%
25.Ukraine$331.9 million1%
26.Italy$316.5 million0.9%
27.Croatia$307.5 million0.9%
28.Estonia$280.9 million0.8%
29.Belgium$251.5 million0.7%
30.Greece$249.6 million0.7%
31.Romania$238.8 million0.7%
32.Mexico$226.7 million0.7%
33.India$222.4 million0.6%
34.Guatemala$174.8 million0.5%
35.Ivory Coast$174.1 million0.5%
36.United Kingdom$168.4 million0.5%
37.Lithuania$161 million0.5%
38.Finland$143.4 million0.4%
39.Nigeria$112 million0.3%
40.Uruguay$106.8 million0.3%
41.Malaysia$105.3 million0.3%
42.Turkey$99.6 million0.3%
43.Serbia$90.8 million0.3%
44.Thailand$83.7 million0.2%
45.Zambia$83.1 million0.2%
46.Kazakhstan$79.8 million0.2%
47.Armenia$79.7 million0.2%
48.Azerbaijan$78 million0.2%
49.Tajikistan$78 million0.2%
50.Netherlands$55.3 million0.2%
51.Belarus$54.6 million0.2%
52.Albania$54 million0.2%
53.Hong Kong$50.9 million0.1%
54.Venezuela$42.8 million0.1%
55.Iran$41.5 million0.1%
56.Myanmar (Burma)$37.9 million0.1%
57.Uganda$36.4 million0.1%
58.United Arab Emirates$36.1 million0.1%
59.Bhutan$31.1 million0.1%
60.North Macedonia$30.9 million0.1%
61.Georgia$19 million0.1%
62.Morocco$16.6 million0.05%
63.Kyrgyzstan$16.3 million0.05%
64.Zimbabwe$12.3 million0.04%
65.North Korea$11.4 million0.03%
66.Jordan$11.3 million0.03%
67.Slovakia$10 million0.03%
68.Montenegro$9.7 million0.03%
69.Uzbekistan$8.4 million0.02%
70.Latvia$7.7 million0.02%
71.Luxembourg$6.9 million0.02%
72.Kenya$6.7 million0.02%
73.Ecuador$6.1 million0.02%
74.Algeria$5.4 million0.02%
75.Colombia$5.3 million0.02%
76.Panama$4.9 million0.01%
77.Malta$1.8 million0.01%
78.Peru$1.1 million0.003%
79.Chile$903,0000.003%
80.Namibia$860,0000.003%
81.El Salvador$767,0000.002%
82.Togo$553,0000.002%
83.Mongolia$352,0000.001%
84.Rwanda$345,0000.001%
85.Eswatini$8,0000.00002%
86.Argentina$1,0000.000003%

 

See also Crude Oil Exports by Country and Drugs and Medicine Exports by Country

Research Sources:
Forbes Global 2000 rankings, The World’s Biggest Public Companies. Accessed on May 29, 2019

Investopedia, Net Exports Definition. Accessed on May 29, 2019

The World Factbook, Field Listing: Exports – Commodities, Central Intelligence Agency. Accessed on May 29, 2019

Trade Map, International Trade Centre. Accessed on May 29, 2019

Wikipedia, Electricity distribution companies by country. Accessed on June 8, 2018