The data from 2023 reveals that Romania leads the European export market for motor vehicle parts and accessories, holding a substantial share compared to other countries. Poland and Czechia follow, while France and Germany maintain moderate positions. Notably, Estonia and Ireland have shown remarkable growth with year-on-year substantial increases, while countries like Latvia, Lithuania, and Poland experience notable declines. Luxembourg's growth has also been significant.
Future trends to watch for include the continued rise of emerging exporters like Estonia and Ireland, which may reshape the competitive landscape. Monitoring shifts in production strategies and trade policies, as well as technological advancements in the automotive industry, will be crucial for understanding these dynamic changes.
Top countries in Export of Motor Vehicle Parts and Accessories Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Romania | 33.43 | 2023 | +3.74% | +1.52% | View data |
| 2 | 2 Poland | 17.5 | 2023 | -7.56% | -5.67% | View data |
| 3 | 3 Czechia | 14.76 | 2021 | |||
| 4 | 4 France | 10.43 | 2021 | -2.08% | +86.33% | View data |
| 5 | 5 Germany | 8.2 | 2021 | -4.01% | -9.53% | View data |
| 6 | 6 Hungary | 6.78 | 2023 | -1.14% | -0.61% | View data |
| 7 | 7 Spain | 3.73 | 2021 | -59.09% | +3.29% | View data |
| 8 | 8 Estonia | 2.34 | 2023 | -2.08% | +40.43% | View data |
| 9 | 9 Italy | 1.95 | 2021 | -1.58% | -18.58% | View data |
| 10 | 10 Lithuania | 0.27 | 2023 | -8.08% | -8.74% | View data |