
Despite reducing its fossil fuel imports since the invasion of Ukraine, the EU still heavily relies on foreign reserves. According to Eurostat, in 2023, the bloc’s energy dependency rate reached 58%, meaning that imports accounted for more than half of the EU’s energy needs.
While import reliance varies across member states, 65% of the EU's overall energy imports in 2023 were oil and petroleum, 25% were natural gas, 5% were solid fossil fuels, and only 2% were renewables.