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860721 (Harmonized System 1992 for 6-digit)

2022
World Trade $1.34BRnk 1874 / 4648
2022
Top Exporter | Top Importer $335M | $200MGermany | Germany
2022
Product Complexity 0.79Rnk 1114 / 4653
2021 - 2022
Export Growth (CAGR) -7.8%Rnk 3812 / 4648
2022
Share of World Trade 0.0057%Rnk 1874 / 4648

About

Overview This page contains the latest trade data of Air brakes, parts for railway rolling stock. In 2022, Air brakes, parts for railway rolling stock were the world's 1874th most traded product, with a total trade of $1.34B. Between 2021 and 2022 the exports of Air brakes, parts for railway rolling stock decreased by -7.8%, from $1.46B to $1.34B. Trade in Air brakes, parts for railway rolling stock represent 0.0057% of total world trade.

Air brakes, parts for railway rolling stock are a part of Locomotive Parts.

Exports In 2022 the top exporters of Air brakes, parts for railway rolling stock  were Germany ($335M), Hungary ($191M), United States ($113M), Austria ($105M), and Italy ($83.3M).

Imports In 2022 the top importers of Air brakes, parts for railway rolling stock were Germany ($200M), China ($106M), France ($77.2M), Austria ($76.4M), and Italy ($67.9M).

Ranking Air brakes, parts for railway rolling stock ranks 1114th in the Product Complexity Index (PCI).

Description The common use of air brakes are to activate the brakes on the rolling stock. The parts of the rolling stock are the coupler, the brake hoses, the brake cylinder, the brake shoe, the brake lining, the brake bolster, and the brake rigging.

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Air brakes, parts for railway rolling stock. Countries are shown based on data availability.

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

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)Germany$335M
Top Destination (2022)Germany$200M

In 2022 Air brakes, parts for railway rolling stock were the world's 1874th most traded product (out of 4,648).

In 2022, the top exporters of Air brakes, parts for railway rolling stock were Germany ($335M), Hungary ($191M), United States ($113M), Austria ($105M), and Italy ($83.3M).

In 2022, the top importers of Air brakes, parts for railway rolling stock were Germany ($200M), China ($106M), France ($77.2M), Austria ($76.4M), and Italy ($67.9M).

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Exporters of Air brakes, parts for railway rolling stock (2022)
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Importers of Air brakes, parts for railway rolling stock (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)United States$28.7M
Top Destination Growth (2021 -  2022)India$35.1M

Between 2021 and 2022, the exports of Air brakes, parts for railway rolling stock grew the fastest in United States ($28.7M), China ($22M), Czechia ($9.74M), France ($7.13M), and Mexico ($7.08M).

Between 2021 and 2022, the fastest growing importers of Air brakes, parts for railway rolling stock were India ($35.1M), Mexico ($25.1M), United States ($14.9M), Canada ($7.25M), and Slovakia ($7.17M).

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Exporters of Air brakes, parts for railway rolling stock (2021 - 2022)

Importers of Air brakes, parts for railway rolling stock (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Air brakes, parts for railway rolling stock.

In 2022, market concentration measured using Shannon Entropy, was 3.88. This means that most of the exports of Air brakes, parts for railway rolling stock are explained by 14 countries.

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Value of Exports in Air brakes, parts for railway rolling stock

Net Trade

TOP NET EXPORTER (2022)Hungary$142M
TOP NET IMPORTER (2022)India$54.1M

This map shows which countries export or import more of Air brakes, parts for railway rolling stock. Each country is colored based on the difference in exports and imports of Air brakes, parts for railway rolling stock during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Air brakes, parts for railway rolling stock were Hungary ($142M), Germany ($136M), Spain ($52.3M), United States ($45.4M), and Austria ($29.1M).

In 2022, the countries that had a largest trade value in imports than in exports of Air brakes, parts for railway rolling stock were India ($54.1M), France ($53.6M), China ($38.9M), Poland ($37.7M), and Slovakia ($37.7M).

Net Trade (2022)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Air brakes, parts for railway rolling stock.
It is possible to select the main countries that export or import Air brakes, parts for railway rolling stock in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Air brakes, parts for railway rolling stock by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2022)

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