Vehicles Export of Italy: A Comprehensive Trade Overview

Vehicles or the machines that are designed primarily for the mobility of goods or persons from one place to another have now solidified their role as an essential globally traded commodity because of the higher demand across countries and the economic and trade benefits. Italy Import Data says, the country in southern Europe, sharing borders with France, Switzerland, and the Mediterranean Sea in the north, west, and east directions, has recorded itself as a leading exporter of vehicles in the international trade market due to the advanced manufacturing capabilities and the skilled workforce contributing to the high-quality vehicle production.

The strong R&D infrastructure and the integration with European supply chains have benefited the overall trade of vehicles, the high production capacity, and the diverse product ranges. Catering to global markets has resulted in an export trade value of vehicles worth 89 billion US dollars in 2024. The expansion into emerging markets and the strategic partnerships with foreign companies and competitive pricing strategies have substantially contributed to the overall increase in the vehicle export rate. Subscribe to Import Globals, the leading Italy import export trade provider, to stay updated with the latest information regarding the export of vehicles in Italy via the Italy Trade Data.

GOVERNMENT INITIATIVES SUPPORTING THE EXPORT OF VEHICLES FROM ITALY

The Automotive Industry Support Fund, launched by the government authorities to enhance the ecological transition, has improved the technological self-sufficiency while increasing ability to export complete vehicles. The development contract with Piaggio Group for e-mobility and electric vehicle components has reduced the reliance on Asian suppliers while strengthening the presence of Italy in the global e-mobility market.

The Eco-Bonus Programme for Sustainable Mobility has expanded the production efficiency while increasing the competitiveness of Italy in international EV exports. The Export and Internationalization Action Plan, such as in the regions of Asia and Latin America, has diversified the export destination while reducing the dependency on the European Union market.

THE LEADING VARIANTS OF VEHICLES EXPORTED FROM ITALY

Italy, via its evolution of the cutting-edge technologies used in the automotive industry, has maintained compatibility with the globally increasing demands. According to the Italy Export Data, the top 10 leading variants of vehicles exported from the nation in 2024 are,

Passenger cars (petrol engines) - The annual valuation of Passenger cars (petrol engines) exported from Italy in 2024 - 21 billion US dollars
Passenger cars (diesel engines) - The annual valuation of Passenger cars (diesel engines) exported from Italy in 2024 - 18 billion US dollars
SUVs / crossovers (passenger) - The annual valuation of SUVs / crossovers (passenger) exported from Italy in 2024 - 15 billion US dollars
Battery-electric vehicles (BEVs) - The annual valuation of Battery-electric vehicles (BEVs) exported from Italy in 2024 - 12 billion US dollars
Hybrid & plug-in hybrid vehicles (HEV / PHEV) - The annual valuation of Hybrid & plug-in hybrid vehicles (HEV / PHEV) exported from Italy in 2024 - 10 billion US dollars
Luxury/sports cars (high-end passenger cars) - The annual valuation of Luxury/sports cars (high-end passenger cars) exported from Italy in 2024 - 8 billion US dollars
Light commercial vehicles/vans - The annual valuation of Light commercial vehicles/vans exported from Italy in 2024 - 6 billion US dollars
Heavy trucks/lorries - The annual valuation of Heavy trucks/lorries exported from Italy in 2024 - 5 billion US dollars
Buses & coaches (passenger transport vehicles) - The annual valuation of Buses & coaches (passenger transport vehicles) exported from Italy in 2024 - 4 billion US dollars
Motorcycles/scooters (including mopeds) - The annual valuation of Motorcycles/scooters (including mopeds) exported from Italy in 2024 - 2.8 billion US dollars

THE TOP 10 EXPORT TRADE PARTNERS OF ITALY IN 2024

Italy, via its continuous efforts towards proper supply chain management and diversification of the vehicles export portfolio, has established suitable bilateral relationships with the top-most importing destinations. As per the Italy Customs Data, the top 10 export trade partners of the nation for vehicle exports in 2024 are,

Germany - The total valuation of vehicles exported from Italy to Germany in 2024 - 26 billion US dollars