2022
Exports
$5.13MWorld Rnk 19 / 62
Flag Rnk 953 / 1212
2022
PRODUCT COMPLEXITY IN Railway Maintenance Vehicles
0.25Rnk 474 / 1025
2022
Imports
$66.2MWorld Rnk 4 / 113
Flag Rnk 556 / 1206
2022
ECONOMIC COMPLEXITY of India
0.64Rnk 40 / 133

About

Exports In 2022, India exported $5.13M in Railway Maintenance Vehicles, making it the 19th largest exporter of Railway Maintenance Vehicles in the world. At the same year, Railway Maintenance Vehicles was the 953rd most exported product in India. The main destination of Railway Maintenance Vehicles exports from India are: United States ($4.33M), Sri Lanka ($361k), Ghana ($212k), Thailand ($81.9k), and Bangladesh ($50.1k).

The fastest growing export markets for Railway Maintenance Vehicles of India between 2021 and 2022 were United States ($4.33M), Sri Lanka ($361k), and Ghana ($212k).

Imports In 2022, India imported $66.2M in Railway Maintenance Vehicles, becoming the 4th largest importer of Railway Maintenance Vehicles in the world. At the same year, Railway Maintenance Vehicles was the 556th most imported product in India. India imports Railway Maintenance Vehicles primarily from: United States ($37.2M), China ($18.2M), Italy ($9.05M), Germany ($1.53M), and Australia ($190k).

The fastest growing import markets in Railway Maintenance Vehicles for India between 2021 and 2022 were Italy ($2.08M), Hong Kong ($13k), and Belgium ($8.84k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Railway Maintenance Vehicles. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$5.13M
IMPORTS (2022)$66.2M
NET TRADE (2022)-$61.1M

In 2022, India exported $5.13M in Railway Maintenance Vehicles. The main destinations of India exports on Railway Maintenance Vehicles were United States ($4.33M), Sri Lanka ($361k), Ghana ($212k), Thailand ($81.9k), and Bangladesh ($50.1k).

In 2022, India imported $66.2M in Railway Maintenance Vehicles, mainly from United States ($37.2M), China ($18.2M), Italy ($9.05M), Germany ($1.53M), and Australia ($190k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Railway Maintenance Vehicles EXPORT MARKETS FOR India WERE (2021 - 2022):
United States$4.33M (58.8k%)
Sri Lanka$361k (1%)
Ghana$212k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Railway Maintenance Vehicles BY India WERE (2021 - 2022):
Burma-$6.05M (-100%)
Nepal-$2.75M (-99.5%)
Mauritius-$905k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, India's main exporting competitors in Railway Maintenance Vehicles were:
In 2022, India's main importing competitors in Railway Maintenance Vehicles were:

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Trade Value of Railway Maintenance Vehicles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $88.9k
TOP IMPORT POTENTIALChina+ $7.5M

Railway Maintenance Vehicles’s highest export potential is Italy. With an export gap of $88.9k.   Railway Maintenance Vehicles’s highest import potential is China with an import gap of $7.5M.

See methodology.

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