Germany holds the largest share in European exports of motor vehicles electrical and electronic equipment, with a minor increase in 2023. Italy and France, despite having significant shares, faced declines of 0.6% and 9.51% respectively. Notably, the Netherlands and Estonia experienced sharp increases, with more than 53% in the Netherlands and over 121% in Estonia. Conversely, Poland and Slovakia saw significant declines, at 10.69% and 34.41% respectively. Portugal stood out with a notable 25.35% increment. These fluctuations highlight shifting export dynamics across Europe.
Future trends to watch include the potential growth in countries with smaller current shares, especially those like the Netherlands and Estonia, which showed substantial percentage increases. Additionally, evolving technologies and market demands could further impact export shares, influencing the European market landscape in the coming years.
Top countries in Export of Motor Vehicles Electrical and Electronic Equipment Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 25.05 | 2023 | +5.81% | +0.36% | View data |
| 2 | 2 Italy | 24.67 | 2023 | +3.9% | -0.6% | View data |
| 3 | 3 France | 19.79 | 2023 | +4.23% | -9.51% | View data |
| 4 | 4 Spain | 15.77 | 2023 | +3.07% | -5% | View data |
| 5 | 5 Belgium | 5.02 | 2023 | +8.39% | -4.09% | View data |
| 6 | 6 Netherlands | 1.23 | 2023 | +11.67% | +53.67% | View data |
| 7 | 7 Poland | 1.15 | 2023 | -15.01% | -10.69% | View data |
| 8 | 8 Sweden | 0.98 | 2023 | +7.58% | +5.3% | View data |
| 9 | 9 Austria | 0.72 | 2023 | +13.48% | +5.19% | View data |
| 10 | 10 Czechia | 0.59 | 2023 |
