In 2023, Germany led the import of motor vehicle electrical and electronic equipment in Europe with a minor growth of 1.7%. Spain followed, showing a significant increase of 10.83%. The UK and Belgium experienced slight declines, while Luxembourg exhibited a substantial rise of 17.38%. Other notable increases were observed in Slovakia, Romania, and Bulgaria with growth rates around 4%. Conversely, Estonia and Cyprus saw declines, with Estonia decreasing by 5.26%. Overall, countries exhibited a mix of positive and negative growth, reflecting diverse market dynamics across the region.
Future trends to watch include technological advancements influencing import needs, shifts towards electric vehicle components, and how regulatory changes in sustainability impact these dynamics. Monitoring trade policies and economic conditions within the European Union will also provide insight into potential import growth or decline patterns.
Top countries in Import of Motor Vehicles Electrical and Electronic Equipment by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 352,140,000 | 2023 | +6.87% | +0.017% | View data |
| 2 | 2 Spain | 305,140,000 | 2023 | +24.22% | +10.83% | View data |
| 3 | 3 Czechia | 151,330,000 | 2023 | |||
| 4 | 4 France | 108,860,000 | 2023 | +8.79% | +2.06% | View data |
| 5 | 5 United Kingdom | 105,660,000 | 2023 | +1.08% | -1.05% | View data |
| 6 | 6 Slovakia | 90,241,000 | 2023 | +3.71% | +4.32% | View data |
| 7 | 7 Italy | 69,371,000 | 2023 | +5.1% | +3.06% | View data |
| 8 | 8 Hungary | 62,778,000 | 2023 | +3.35% | +3.81% | View data |
| 9 | 9 Romania | 61,818,000 | 2023 | +3.95% | +4.08% | View data |
| 10 | 10 Poland | 49,242,000 | 2023 | +3.05% | +4.18% | View data |
