Germany leads European exports in motor vehicle parts and accessories, contributing significantly, though it sees modest growth at 1.01% year-on-year. Poland and Italy follow, both experiencing positive growth trends of 3.64% and 2.66%, respectively. Czechia and France maintain stable outputs with similar growth, whereas the UK and Austria exhibit a downward trend. Sweden, Lithuania, and emerging Eastern European markets like Estonia and Bulgaria show strong growth, the latter led by Malta's substantial surge.
Key future trends to watch include the potential for increased automation, sustainability innovations, and the impact of trade policies stemming from evolving EU regulations. Expanding markets in Eastern Europe could further bolster the sector's growth. Companies may also focus on technologies like electric vehicle parts to capture emerging market demands.
Top countries in Export of Motor Vehicle Parts and Accessories by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 2,686,700,000 | 2023 | +4.96% | +1.01% | View data |
| 2 | 2 Poland | 1,036,900,000 | 2023 | +3.77% | +3.64% | View data |
| 3 | 3 Italy | 986,660,000 | 2023 | +8.07% | +2.66% | View data |
| 4 | 4 Czechia | 791,410,000 | 2023 | |||
| 5 | 5 France | 745,830,000 | 2023 | +9.27% | +2.62% | View data |
| 6 | 6 Spain | 606,460,000 | 2023 | +8.48% | +0.62% | View data |
| 7 | 7 Hungary | 399,510,000 | 2023 | +2.77% | +2.12% | View data |
| 8 | 8 Sweden | 357,540,000 | 2023 | +11.33% | +4.62% | View data |
| 9 | 9 Belgium | 318,290,000 | 2023 | +7.05% | +2.06% | View data |
| 10 | 10 United Kingdom | 289,540,000 | 2023 | -0.5% | -1.48% | View data |
