In 2024, Germany leads in the importation of motor vehicles' electrical and electronic equipment, outperforming other European countries significantly. Other notable importers include Spain and Slovakia. Over the past year, Hungary and Cyprus saw substantial growth rates, while Italy and Portugal experienced sharp declines. Countries like Belgium and the United Kingdom also recorded negative growth, indicating market contraction. Over the last two years, notable performers besides Hungary and Cyprus include Slovenia, which showed promising growth.
Future trends suggest an increasing focus on sustainability and technological advancement, potentially reshaping import dynamics. Electric vehicles and smart technology integration may drive demand, influencing these imports across European nations. Monitoring policy changes and innovation in automotive technology will be critical factors influencing import patterns.
Top countries in Import of Motor Vehicles Electrical and Electronic Equipment by Country
| # | 10 Countries | Units (Items) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 5,791,800 | 2023 | +9.4% | +2.44% | View data |
| 2 | 2 Spain | 1,529,700 | 2023 | +15.08% | +16.92% | View data |
| 3 | 3 Slovakia | 571,990 | 2023 | +3.07% | +2.92% | View data |
| 4 | 4 Belgium | 501,580 | 2023 | +1.96% | -6.21% | View data |
| 5 | 5 United Kingdom | 484,630 | 2023 | -12.26% | -10.86% | View data |
| 6 | 6 Czechia | 386,680 | 2023 | |||
| 7 | 7 France | 297,810 | 2023 | +1.05% | +1.34% | View data |
| 8 | 8 Hungary | 168,940 | 2023 | +4.91% | +48.13% | View data |
| 9 | 9 Austria | 149,430 | 2023 | +13.43% | +5.34% | View data |
| 10 | 10 Sweden | 135,950 | 2023 | +3.85% | -6.27% | View data |
