United States: key consumer of EU automotive industry - News articles - Eurostat

United States: key consumer of EU automotive industry - News articles - Eurostat

In 2023, the EU automotive industry generated €91.6 billion in domestic value added from non-EU consumers, marking a nominal increase of 74% compared with 2010 (€52.7 billion) and a 7% rise from 2022 (€85.4 billion).

The United States was the largest consumer of EU automotive products, accounting for 20% of the total EU domestic value added.