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 Italy totalled $ 20 billion in 2023. Sales of commodity group 8703 from Italy went up by 26% 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 $ 4.24 billion (cumulative exports of commodity group 8703 from Italy amounted $16.2 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 3.02% of total exports from Italy (cumulative merchandise exports from Italy totalled $ 677 billion in 2023). The share of commodity group 8703 in total exports from Italy increased by 0.562 p.p. compared to 2022 (it was 2.46% in 2022 and cumulative exports from Italy were equal to $ 659 billion).
Exports of commodity group 8703 amounted to 38% of total sales of group "" from Italy in 2023 (the value of exports of commodity group from Italy amounted to $53 billion in 2023). The share of exports of commodity group 8703 in sales of commodity group from Italy increased by 2.38 p.p. compared to 2022 (it was 35% in 2022, and exports of commodity group from Italy were $45 billion).
Where does Italy export Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars?
Top export destinations of "Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars" from Italy in 2023:
- USA with a share of 24% (5.09 billion US$)
- Germany with a share of 17.5% (3.59 billion US$)
- France with a share of 10.4% (2.13 billion US$)
- United Kingdom with a share of 4.81% (987 million US$)
- Japan with a share of 4.38% (899 million US$)
- Belgium with a share of 4.02% (824 million US$)
- Spain with a share of 3.74% (767 million US$)
- Switzerland with a share of 3.31% (679 million US$)
- China with a share of 2.46% (505 million US$)
- Canada with a share of 1.67% (343 million US$)
Exports structure of 8703 - Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars - from Italy in 2023 represented by the following main commodity groups:
- 33% (6.92 billion US$): 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
- 18.7% (3.83 billion US$): 870323 - Vehicles (excl. of 87.02 & 8703.10) princ. designed for the tpt. of persons, with spark-ignition int. comb. recip. piston engine, of a cyl. cap. >1500cc but not >3000cc
- 10.2% (2.11 billion US$): 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
- 9.48% (1.94 billion US$): 870332 - Vehicles princ. designed for the tpt. of persons (excl. of 87.02 & 8703.10-8703.24), with C-I int. comb. piston engine (diesel/semi-diesel), of a cyl. cap. >1500cc but not >2500cc
- 3.18% (652 million US$): 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
- 1.03% (211 million US$): 870331 - Vehicles princ. designed for the tpt. of persons (excl. of 87.02 & 8703.10-8703.24), with C-I int. comb. piston engine (diesel/semi-diesel), of a cyl. cap. not >1500cc
- 0.92% (188 million US$): 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
- 0.185% (38 million US$): 870390 - Vehicles princ. designed for the tpt. of persons (excl. of 87.02 & 8703.10-8703.24), with C-I int. comb. piston engine (diesel/semi-diesel), n.e.s. in 87.03
- 0.06% (12.4 million US$): 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 Italy totalled $ 36 billion in 2023. Sales of commodity group 8703 to Italy went up by 42% 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 $ 10.8 billion (the value of imports of commodity group 8703 to Italy was equal to $25 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 5.68% of total import flow to Italy (in 2023, total imports to Italy amounted to $ 639 billion). The share of commodity group 8703 in total imports to Italy increased by 2 p.p. compared to 2022 (it was 3.68% in 2022 and cumulative imports to Italy were equal to $ 695 billion).
Imports of commodity group 8703 reached 59% of total imports of group "" to Italy in 2023 (imports of commodity group to Italy totalled $61 billion in 2023). The share of purchases of commodity group 8703 in total imports of commodity group to Italy increased by 4.77 p.p. compared to 2022 (it was 54% in 2022, and imports of commodity group to Italy accounted for $47 billion).
Where does Italy import Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars from?
Top trading partners (import of "Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars") of Italy in 2023:
- Germany with a share of 30% (11 billion US$)
- Spain with a share of 13.8% (5.05 billion US$)
- Poland with a share of 6.16% (2.24 billion US$)
- France with a share of 5.86% (2.13 billion US$)
- United Kingdom with a share of 4.75% (1.73 billion US$)
- Czech Republic with a share of 4.74% (1.72 billion US$)
- Slovak Republic with a share of 4.28% (1.56 billion US$)
- Belgium with a share of 3.79% (1.38 billion US$)
- Romania with a share of 3.55% (1.29 billion US$)
- Turkey with a share of 3.52% (1.28 billion US$)
Imports structure of 8703 - Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars - to Italy in 2023 represented by the following main commodity groups:
- 17.6% (6.42 billion US$): 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
- 13.4% (4.89 billion US$): 870321 - Vehicles (excl. of 87.02 & 8703.10) princ. designed for the tpt. of persons, with spark-ignition int. comb. recip. piston engine, of a cyl. cap. not>1000cc
- 12.5% (4.55 billion US$): 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
- 6.84% (2.49 billion US$): 870323 - Vehicles (excl. of 87.02 & 8703.10) princ. designed for the tpt. of persons, with spark-ignition int. comb. recip. piston engine, of a cyl. cap. >1500cc but not >3000cc
- 2.52% (919 million US$): 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
- 1.75% (637 million US$): 870324 - Vehicles (excl. of 87.02 & 8703.10) princ. designed for the tpt. of persons, with spark-ignition int. comb. recip. piston engine, of a cyl. cap. >3000cc
- 1.04% (378 million US$): 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
- 0.271% (99 million US$): 870390 - Vehicles princ. designed for the tpt. of persons (excl. of 87.02 & 8703.10-8703.24), with C-I int. comb. piston engine (diesel/semi-diesel), n.e.s. in 87.03
- 0.101% (37 million US$): 870310 - Vehicles (excl. of 87.02) princ. designed for the tpt. of persons, specially designed for travelling on snow; golf cars & sim. vehicles