In 2023, Belgium led European exports of motor vehicles with petrol engines over 1,500 cm³, followed by Slovakia and Czechia. Notable growth was seen in Austria (9.53%) and Ireland (208.23%), while France faced a significant decline (-65.43%). Over the last five years, growth trends were generally modest, with certain countries like Lithuania (14.67%) showing resilience. Spain and Italy experienced declines, indicating challenges in their automotive sectors.
Future trends to watch include:
- The shift towards green policies and the impact of hybrid/electric vehicle growth on petrol-engine exports.
- The potential for Eastern European countries to expand their production capacities and market reach.
- Evolving international trade dynamics and regulations affecting European automotive manufacturers.
Top countries in Export of Motor Vehicles with a Petrol Engine More than 1 500 cm³ by Country
| # | 10 Countries | Units (Items) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 417,110 | 2023 | +3.87% | +2.85% | View data |
| 2 | 2 Slovakia | 379,970 | 2023 | +3.4% | +1.65% | View data |
| 3 | 3 Czechia | 267,310 | 2022 | |||
| 4 | 4 Hungary | 188,830 | 2023 | +1.88% | +0.9% | View data |
| 5 | 5 Spain | 168,740 | 2023 | -2.03% | -6.48% | View data |
| 6 | 6 Sweden | 137,750 | 2023 | +1.93% | +1.54% | View data |
| 7 | 7 Austria | 78,720 | 2023 | +10.88% | +9.53% | View data |
| 8 | 8 Italy | 75,450 | 2023 | +13.7% | -16.77% | View data |
| 9 | 9 Netherlands | 48,080 | 2023 | +0.51% | -8.65% | View data |
| 10 | 10 Romania | 37,250 | 2023 | -2.58% | +1.62% | View data |
