In 2023, Germany led the European Value Added of Transportation and Warehousing, totaling approximately 27.1 million euros. France and Italy followed with 19.31 and 17.22 million euros, respectively. Smaller economies like Latvia and Estonia contributed less, with under one million euros each. Year-on-year growth was most pronounced in Ireland, Slovakia, and Lithuania, with increases of 2.76%, 3.51%, and 2.9%, respectively. This trend indicates a robust expansion across smaller economies, outpacing larger markets in relative growth terms.
Future trends to watch include digital transformation driving efficiency across warehouses, increased focus on sustainability, and potential shifts due to geopolitical factors impacting European supply chains and transportation networks.
Top countries in Value Added of Transportation and Warehousing Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 27.1 | 2023 | +1.74% | +2.02% | View data |
| 2 | 2 France | 19.31 | 2023 | +1.52% | +2.3% | View data |
| 3 | 3 Italy | 17.22 | 2023 | +1.24% | +1.44% | View data |
| 4 | 4 Spain | 9.99 | 2023 | +1.57% | +1.63% | View data |
| 5 | 5 Netherlands | 6.67 | 2023 | +1.75% | +1.84% | View data |
| 6 | 6 Belgium | 4.69 | 2023 | +1.69% | +1.97% | View data |
| 7 | 7 Austria | 3.97 | 2023 | +1.95% | +1.92% | View data |
| 8 | 8 Greece | 2.19 | 2023 | +0.41% | +1.12% | View data |
| 9 | 9 Finland | 1.82 | 2023 | +1% | +0.9% | View data |
| 10 | 10 Portugal | 1.76 | 2023 | +1.92% | +1.98% | View data |
