📈 European Union Car Exports Surge Post-Ukraine War but Decline Since Late 2023

European Union (Extra-EU27) car exports experienced a significant increase of 42.1%, rising from €127 billion in 2019 to a peak of €180 billion in the 12 months ending August 2023. However, exports declined by 5.9% in the following months, dropping to €169 billion in the 12 months ending September 2024.