In 2023, Germany led European motor vehicle exports with 20.45% of the share, despite a 5.14% year-on-year decline. Spain and Belgium saw marginal increases, each maintaining significant portions of exports at 18.46% and 8.56%, respectively. The United Kingdom faced a substantial decrease of 10.39%. France's considerable drop of 20.23% marked a major shift. Ireland, conversely, witnessed a 75.87% rise, showing impressive gains from a smaller base.
Future trends to watch include the ongoing diversification of export sources, with smaller countries like Ireland and Croatia growing rapidly. Attention should also be given to the effects of geopolitical tensions and sustainability shifts, which might alter traditional export dynamics.
Top countries in Export of Motor Vehicle Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 20.45 | 2023 | +3.66% | -5.14% | View data |
| 2 | 2 Spain | 18.46 | 2023 | +4.31% | +0.58% | View data |
| 3 | 3 Belgium | 8.56 | 2023 | +7.14% | +0.79% | View data |
| 4 | 4 United Kingdom | 7.53 | 2023 | -2.52% | -10.39% | View data |
| 5 | 5 Czechia | 7.11 | 2023 | |||
| 6 | 6 Slovakia | 5.95 | 2023 | -0.094% | -1.98% | View data |
| 7 | 7 France | 5.68 | 2023 | -14.22% | -20.23% | View data |
| 8 | 8 Italy | 5.34 | 2023 | +1.49% | -3.42% | View data |
| 9 | 9 Poland | 3.51 | 2023 | -8.33% | -13.35% | View data |
| 10 | 10 Hungary | 3.04 | 2023 | -3.89% | -9.51% | View data |
