Overall, the value of electrical energy exports accelerated by an average 105.1% for all exporting countries since 2020 when electricity exports were worth $29.2 billion.
Year over year, the value of globally exported electricity fell by -16.5% compared to $71.7 billion for 2023.
The world’s 5 biggest electricity exporters are European suppliers France, Germany, Switzerland, Austria and Slovakia. Collectively, that cohort of major electricity suppliers furnished over a third (35.8%) of globally exported electricity during 2024.
Among continents, exporters in Europe sold the highest dollar worth of electricity during 2024 with shipments valued at $45.8 billion or 76.5% of the world total.
In second place were electricity exporters in Asia at 11.2%. Another 5.3% originated from North America, ahead of international suppliers in Africa (3.6%), then Latin America (3.4%) excluding Mexico but including the Caribbean.
For research purposes, the 4-digit Harmonized Tariff System code prefix for electrical energy is 2716. Note that electricity is classified under the catch-all mineral fuels-related products category (prefixed with 27).
Electricity Exports by Country
Below are the 15 countries that exported the highest dollar value worth of electricity during 2024.
- France: US$6.4 billion (10.7% of total electricity exports)
- Germany: $5 billion (8.3%)
- Switzerland: $4.4 billion (7.3%)
- Austria: $3.1 billion (5.2%)
- Slovakia: $2.5 billion (4.2%)
- Laos: $2.4 billion (3.9%)
- Canada: $2.2 billion (3.6%)
- Poland: $2.08 billion (3.5%)
- Spain: $2.07 billion (3.5%)
- Czech Republic: $2.07 billion (3.5%)
- Hungary: $2.04 billion (3.4%)
- Norway: $1.9 billion (3.2%)
- mainland China: $1.7 billion (2.8%)
- Sweden: $1.6 billion (2.8%)
- Slovenia: $1.5 billion (2.6%)
By value, the listed 15 countries shipped over two-thirds (68.5%) of global electricity exported in 2024.
Among the top exporters, electricity exporters growing since 2023 were: Slovakia (up 39.3%), Hungary (up 28.6%) and Laos (up 1.1%).
Those countries that posted the severest declines in their exported electricity sales were led by: Spain (down -34.6% from 2023), Austria (down -31.4%), Canada (down -30.8%), Norway (down -27.1%) and Poland (down -26.7%).
Searchable List of Electricity Exporting Countries in 2024
Below, you will find an automated database highlighting all exporters of electricity on global markets.
| Rank | Exporter | Electricity Exports | 2023-4 |
|---|---|---|---|
| 1. | France | $6,396,876,000 | -12.8% |
| 2. | Germany | $4,994,100,000 | -22.9% |
| 3. | Switzerland | $4,392,302,000 | -15.7% |
| 4. | Austria | $3,084,233,000 | -31.4% |
| 5. | Slovakia | $2,540,489,000 | +39.3% |
| 6. | Laos | $2,359,274,000 | +1.1% |
| 7. | Canada | $2,181,555,000 | -30.8% |
| 8. | Poland | $2,082,700,000 | -26.7% |
| 9. | Spain | $2,071,636,000 | -34.6% |
| 10. | Czech Republic | $2,070,454,000 | -8.9% |
| 11. | Hungary | $2,038,660,000 | +28.6% |
| 12. | Norway | $1,888,151,000 | -27.1% |
| 13. | mainland China | $1,675,986,000 | -2.3% |
| 14. | Sweden | $1,647,121,000 | -22.7% |
| 15. | Slovenia | $1,544,169,000 | -0.3% |
| 16. | Denmark | $1,533,031,000 | +12.1% |
| 17. | Belgium | $1,248,883,000 | -36.8% |
| 18. | India | $1,185,603,000 | -20.7% |
| 19. | Greece | $1,155,310,000 | +52.2% |
| 20. | Paraguay | $1,153,829,000 | -25.5% |
| 21. | Romania | $1,092,887,000 | -18.2% |
| 22. | United States | $843,960,000 | -28.9% |
| 23. | South Africa | $774,787,000 | +26.9% |
| 24. | United Kingdom | $720,955,000 | -16.1% |
| 25. | Serbia | $717,891,000 | -47.4% |
| 26. | Mozambique | $688,559,000 | +4.6% |
| 27. | Croatia | $660,675,000 | -21.4% |
| 28. | Italy | $510,816,000 | -21.4% |
| 29. | Bulgaria | $490,588,000 | -14.2% |
| 30. | Russia | $456,454,000 | -10.3% |
| 31. | Bosnia/Herzegovina | $370,556,000 | -36.5% |
| 32. | Estonia | $319,922,000 | -31.6% |
| 33. | Colombia | $318,022,000 | +30.2% |
| 34. | Latvia | $291,770,000 | -10.3% |
| 35. | Zambia | $278,653,000 | -30.5% |
| 36. | Türkiye | $264,857,000 | +27.7% |
| 37. | Thailand | $256,166,000 | +49.8% |
| 38. | Lithuania | $253,034,000 | +3.9% |
| 39. | Portugal | $234,373,000 | -25.1% |
| 40. | Turkmenistan | $228,144,000 | +87.2% |
| 41. | North Macedonia | $199,860,000 | -21.4% |
| 42. | Brazil | $192,711,000 | -65.2% |
| 43. | Uzbekistan | $188,889,000 | +127% |
| 44. | Finland | $185,381,000 | -56.2% |
| 45. | Netherlands | $171,418,000 | 0% |
| 46. | Guatemala | $163,847,000 | +156.3% |
| 47. | Albania | $146,533,000 | -29.2% |
| 48. | Ghana | $146,428,000 | 0% |
| 49. | Uruguay | $133,571,000 | +538.7% |
| 50. | Mexico | $125,900,000 | -62.2% |
| 51. | Montenegro | $124,064,000 | -44.6% |
| 52. | Ivory Coast | $108,674,000 | -36.8% |
| 53. | Azerbaijan | $94,144,000 | -76.6% |
| 54. | Ethiopia | $85,411,000 | 0% |
| 55. | Armenia | $85,310,000 | +21.4% |
| 56. | Ukraine | $81,021,000 | -18.4% |
| 57. | Vietnam | $64,237,000 | -15.8% |
| 58. | Moldova | $63,829,000 | +39.6% |
| 59. | Malaysia | $61,176,000 | +1.3% |
| 60. | Georgia | $54,117,000 | -32.5% |
| 61. | Kazakhstan | $52,755,000 | -12.3% |
| 62. | Iran | $43,406,000 | 0% |
| 63. | Myanmar | $39,487,000 | +43.1% |
| 64. | El Salvador | $38,153,000 | -48.9% |
| 65. | North Korea | $22,202,000 | -0.3% |
| 66. | Uganda | $21,353,000 | -54.1% |
| 67. | Ireland | $19,287,000 | -66.8% |
| 68. | Tajikistan | $18,663,000 | -80.6% |
| 69. | Morocco | $17,893,000 | -50% |
| 70. | Bolivia | $17,833,000 | +220.9% |
| 71. | Chile | $17,716,000 | +6.9% |
| 72. | Zimbabwe | $13,995,000 | -35.4% |
| 73. | Luxembourg | $10,922,000 | -34.8% |
| 74. | Kenya | $4,246,000 | +21.2% |
| 75. | Democratic Republic Congo | $3,840,000 | 0% |
| 76. | Peru | $3,031,000 | +109.9% |
| 77. | Ecuador | $2,413,000 | -93.3% |
| 78. | Tanzania | $1,862,000 | 0% |
| 79. | Kyrgyzstan | $541,000 | 0% |
| 80. | Malta | $504,000 | -87.5% |
| 81. | Singapore | $251,000 | -46.4% |
| 82. | Malawi | $209,000 | 0% |
| 83. | Mongolia | $168,000 | -67.6% |
| 84. | Lesotho | $17,000 | 0% |
| 85. | Costa Rica | $15,000 | 0% |
The world’s fastest growers among all international electricity suppliers are Uruguay (up 538.7% from 2023), Bolivia (up 220.9%), Guatemala (up 156.3%), Uzbekistan (up 127%) then Peru (up 109.9%).
You can change the presentation order by clicking the triangle icon at the top of the columns. An entry of 0% in the right-most column means that no 2023 data was available.
Countries Earning Largest Trade Surpluses from Electricity
The following countries posted the highest positive net exports for electricity during 2024. 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.
- France: US$5.5 billion (net export surplus up 28% since 2023)
- Laos: $2.2 billion (down -1.1%)
- Switzerland: $2.07 billion (up 90.2%)
- Austria: $1.62 billion (down -24.1%)
- mainland China: $1.57 billion (up 3.4%)
- Norway: $1.45 billion (down -20%)
- Canada: $1.32 billion (down -33%)
- Sweden: $1.28 billion (down -21.1%)
- Czech Republic: $1.25 billion (down -5%)
- India: $1.19 billion (down -20.2%)
- Paraguay: $1.15 billion (down -25.5%)
- Slovakia: $822.6 million (up 1067.1%)
- Poland: $805.4 million (up 143.7%)
- Slovenia: $649.2 million (up 9.2%)
- Spain: $587.2 million (down -52%)
European powerhouse France generated the highest surplus in the international trade of electricity. In turn, the positive cashflow confirms its strong competitive advantages for this specific product category.
Countries Incurring Worst Trade Deficits from Electricity
The following countries posted the highest negative net exports for electricity during 2024. 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.
- Italy: -US$5.1 billion (net export deficit down -22.6% since 2023)
- United Kingdom: -$3.2 billion (up 5.3%)
- Germany: -$2.2 billion (up 180.5%)
- Thailand: -$1.9 billion (up 4.3%)
- Hungary: -$1.8 billion (down -6.5%)
- United States: -$1.4 billion (down -37.5%)
- Bangladesh: -$1.1 billion (down -23.3%)
- Portugal: -$885.2 million (down -9.9%)
- Hong Kong: -$869.9 million (up 4.5%)
- Brazil: -$848.4 million (up 68.2%)
- Ireland: -$624.9 million (up 46%)
- Ukraine: -$588.2 million (up 963.6%)
- Belgium: -$581.4 million (reversing a $13.7 million surplus)
- Croatia: -$555.9 million (up 387.2%)
- Romania: -$553.2 million (reversing a $52 million surplus)
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.
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)
See also Global Electricity Imports by Country, Crude Oil Exports by Country, Petroleum Gas Exports by Country and Best Solar & Wind Exporters Powering International Energy Sales
Research Sources:
Central Intelligence Agency, The World Factbook Field Listing: Exports – Commodities. Accessed on June 15, 2025
Forbes Global 2000 rankings, The World’s Biggest Public Companies. Accessed on June 15, 2025
International Trade Centre, Trade Map. Accessed on June 15, 2025
Investopedia, Net Exports Definition. Accessed on June 15, 2025
Wikipedia, Electricity distribution companies by country. Accessed on June 15, 2025