EU Car Imports: China Dominates Despite Slight Decline in Value

China remains the leading source of new car imports into the EU, holding a significant 17.2% market share by value in 2024. This signifies China's strong presence in the EU automotive market. While the value of car imports from China experienced a decrease of 12.2%, the volume saw a slight increase of 0.5%, reaching 748,448 units. This suggests a shift in the types of cars being imported, potentially with a focus on more affordable models. Despite being a major importer, China accounts for a smaller portion of EU car exports, representing only 6% by volume and 9.3% by value. The EU's main export partners are the US and the UK. China is the world's largest car producer, commanding a 35.4% global market share. This underscores China's dominance in the automotive industry and its growing influence on the global car market.