In 2023, Belgium led the European export market of motor vehicles with petrol engines above 1,500 cm³, holding a 22.74% share. Slovakia followed with a 20.72% share, and Czechia held 14.58%. Notably, Ireland's export share surged by over 200%, while France's plunged 65%. Italy and Portugal also saw significant declines. Variations were mixed across countries, with notable growth in Austria and a decrease in Finland. Some smaller markets like Estonia, Lithuania, and Croatia experienced growth, suggesting niche market developments.
Future trends to watch include evolving market shares due to industry shifts towards electric vehicles, potential impacts of environmental regulations, and ongoing economic changes influencing production and export dynamics in Europe.
Top countries in Export of Motor Vehicles with a Petrol Engine More than 1 500 cm³ Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 22.74 | 2023 | +3.87% | +2.85% | View data |
| 2 | 2 Slovakia | 20.72 | 2023 | +3.4% | +1.65% | View data |
| 3 | 3 Czechia | 14.58 | 2022 | |||
| 4 | 4 Hungary | 10.3 | 2023 | +1.88% | +0.9% | View data |
| 5 | 5 Spain | 9.2 | 2023 | -2.03% | -6.48% | View data |
| 6 | 6 Sweden | 7.51 | 2023 | +1.93% | +1.54% | View data |
| 7 | 7 Austria | 4.29 | 2023 | +10.88% | +9.53% | View data |
| 8 | 8 Italy | 4.11 | 2023 | +13.7% | -16.77% | View data |
| 9 | 9 Netherlands | 2.62 | 2023 | +0.51% | -8.65% | View data |
| 10 | 10 Romania | 2.03 | 2023 | -2.58% | +1.62% | View data |