In 2024, Italy leads in the export of motor vehicles signaling equipment and related components with 26.54% share by weight, followed by Czechia (19.08%) and Spain (14.79%). Germany, though traditionally strong in automotive exports, holds an 11.63% share, revealing a decline alongside other key countries like Spain and Germany with decreases of 4.83% and 2.18% respectively. Smaller markets like Belgium, Denmark, and Ireland showed notable growth, with Belgium's share increasing by 11.71% and Malta seeing the largest gain at 52.68%.
Looking ahead, it is crucial to monitor shifts in production centers and evolving trade relationships within Europe. Countries with rising shares like Poland and growing markets in Ireland and Denmark suggest opportunities for diversification and market expansion. The continued economic integration and policy harmonization within the EU could further influence these export dynamics.
Top countries in Export of Motor Vehicles and Motorcycles Electrical Signalling Equipment, Windscreen Wipers, Defrosters and Demisters Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 26.54 | 2023 | +4.86% | -0.75% | View data |
| 2 | 2 Czechia | 19.08 | 2023 | |||
| 3 | 3 Spain | 14.79 | 2023 | +1.63% | -4.83% | View data |
| 4 | 4 Germany | 11.63 | 2023 | +7.39% | -2.18% | View data |
| 5 | 5 Hungary | 7.76 | 2023 | -0.47% | -0.36% | View data |
| 6 | 6 Belgium | 4.37 | 2023 | +2.13% | +11.71% | View data |
| 7 | 7 United Kingdom | 3.88 | 2023 | -0.47% | -4.22% | View data |
| 8 | 8 Romania | 3.07 | 2023 | +1.34% | -0.67% | View data |
| 9 | 9 Poland | 2.24 | 2023 | +2.57% | +5.62% | View data |
| 10 | 10 Netherlands | 1.87 | 2023 | +20.81% | -2.26% | View data |
