(Finance) – Nei first eleven months of 2023, the import of new vehicles in value to Italy is growing (+43.5% compared to the first eleven months of 2022). Both the industrial vehicle and passenger car sectors show increases in imports (+57.4% and +41.6% respectively). Export in value is also increasing compared to that of the first eleven months of 2022, +30.7%, thanks both to the exported cars (+28.9%) and to the value of industrial vehicles, which, after being was decreasing in the first quarter of the year, in the cumulative January-November it increased by 36.0%. The balance is negative for approximately 13.7 billion euros for cars and positive for approximately 1.73 billion for industrial vehicles.
While the import of motor vehicles originates almost entirely from European countries (89.6% of the total imported value), exports to Europe represent, in the first eleven months of 2023, 62.5% of the total. Among non-European destination countries, the United States remains the first market (20.3%), followed by Japan (3.6%) and China (2.1%).
As regards the components sector, in the period analysed, both imports grew by 8.4% and exports grew by 7.9%, with a positive balance of around 5.3 billion euros (it was 5.0 million in the same period of 2022). Europe represents 78.3% of the import value and 79.6% of the export value. Outside the European continent, the first macro area of origin is Asia, from which Italy imports 14.5% of parts and components (in value), while the first macro area of export destination is North America: 9.1% of the total.