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European Union | Imports and Exports | World | Motor cars and other motor vehicles principally designed for the transport of persons, including station wagons and racing cars | Value (US$) and Value Growth, YoY (%) | 2012 - 2023

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The value of exports of commodity group 8703 "Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars" from European Union totalled $ 191 billion in 2023. Sales of commodity group 8703 from European Union went up by 22% compared to 2022: exports of commodity group 8703 "Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars" went up by $ 35 billion (cumulative exports of commodity group 8703 from European Union amounted $156 billion in 2022)

Exports of commodity group 8703 "Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars" amounted to 6.93% of total exports from European Union (cumulative merchandise exports from European Union totalled $ 2.76 trillion in 2023). The share of commodity group 8703 in total exports from European Union increased by 0.69 p.p. compared to 2022 (it was 6.24% in 2022 and cumulative exports from European Union were equal to $ 2.5 trillion).

Exports of commodity group 8703 amounted to 61% of total sales of group "" from European Union in 2023 (the value of exports of commodity group from European Union amounted to $312 billion in 2023). The share of exports of commodity group 8703 in sales of commodity group from European Union lowered by 0.876 p.p. compared to 2022 (it was 62% in 2022, and exports of commodity group from European Union were $251 billion).

Exports of commodity group 8703 amounted to 99 percent of total sales of group "" from European Union in 2023 (the value of exports of commodity group from European Union amounted to 191 billion USD in 2023). The share of exports of commodity group 8703 in sales of commodity group from European Union lowered by 0 p.p. compared to 2022 (it was 100 percent in 2022, and exports of commodity group from European Union amounted to 156 billion USD).

Exports | European Union | 8703

Export destinations of 8703 Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars from European Union

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Where does European Union export Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars?

Top export destinations of "Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars" from European Union in 2023:

USA with a share of 22% (43 billion US$)
United Kingdom with a share of 18.6% (35 billion US$)
China with a share of 10.9% (21 billion US$)
Turkey with a share of 7.29% (13.9 billion US$)
Switzerland with a share of 5.17% (9.89 billion US$)
Korea with a share of 3.96% (7.58 billion US$)
Japan with a share of 3.84% (7.35 billion US$)
Canada with a share of 2.35% (4.49 billion US$)
Norway with a share of 2.22% (4.25 billion US$)
Other Asia, nes with a share of 2.07% (3.97 billion US$)

Exports structure of 8703 - Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars - from European Union in 2023 represented by the following main commodity groups:

32% (62 billion US$): 870323 - Vehicles (excl. of 87.02 & 8703.10) princ. designed for the tpt. of persons, with spark-ignition int. comb. recip. piston engine, of a cyl. cap. >1500cc but not >3000cc
9.87% (18.8 billion US$): 870322 - Vehicles (excl. of 87.02 & 8703.10) princ. designed for the tpt. of persons, with spark-ignition int. comb. recip. piston engine, of a cyl. cap. >1000cc but not >1500cc
9.07% (17.3 billion US$): 870324 - Vehicles (excl. of 87.02 & 8703.10) princ. designed for the tpt. of persons, with spark-ignition int. comb. recip. piston engine, of a cyl. cap. >3000cc
6.15% (11.7 billion US$): 870332 - Vehicles princ. designed for the tpt. of persons (excl. of 87.02 & 8703.10-8703.24), with C-I int. comb. piston engine (diesel/semi-diesel), of a cyl. cap. >1500cc but not >2500cc
3.13% (6 billion US$): 870321 - Vehicles (excl. of 87.02 & 8703.10) princ. designed for the tpt. of persons, with spark-ignition int. comb. recip. piston engine, of a cyl. cap. not>1000cc
1.84% (3.52 billion US$): 870331 - Vehicles princ. designed for the tpt. of persons (excl. of 87.02 & 8703.10-8703.24), with C-I int. comb. piston engine (diesel/semi-diesel), of a cyl. cap. not >1500cc
1.67% (3.2 billion US$): 870333 - Vehicles princ. designed for the tpt. of persons (excl. of 87.02 & 8703.10-8703.24), with C-I int. comb. piston engine (diesel/semi-diesel), of a cyl. cap. >2500cc
0.1% (192 million US$): 870390 - Vehicles princ. designed for the tpt. of persons (excl. of 87.02 & 8703.10-8703.24), with C-I int. comb. piston engine (diesel/semi-diesel), n.e.s. in 87.03
0.086% (166 million US$): 870310 - Vehicles (excl. of 87.02) princ. designed for the tpt. of persons, specially designed for travelling on snow; golf cars & sim. vehicles

The value of imports of commodity group 8703 "Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars" to European Union totalled $ 84 billion in 2023. Sales of commodity group 8703 to European Union went up by 40% compared to 2022: imports of commodity group 8703 "Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars" went up by $ 24 billion (the value of imports of commodity group 8703 to European Union was equal to $60 billion in 2022)

Imports of commodity group 8703 "Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars" accounted for 3.11% of total import flow to European Union (in 2023, total imports to European Union amounted to $ 2.71 trillion). The share of commodity group 8703 in total imports to European Union increased by 1.12 p.p. compared to 2022 (it was 1.98% in 2022 and cumulative imports to European Union were equal to $ 3.02 trillion).

Imports of commodity group 8703 reached 55% of total imports of group "" to European Union in 2023 (imports of commodity group to European Union totalled $151 billion in 2023). The share of purchases of commodity group 8703 in total imports of commodity group to European Union increased by 6.26 p.p. compared to 2022 (it was 49% in 2022, and imports of commodity group to European Union accounted for $121 billion).

Imports | European Union | 8703

Sources of imports of 8703 Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars for European Union