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Railway cars nes, closed and covered

860691 (Harmonized System 1992 for 6-digit)

2022
World Trade $297MRnk 3426 / 4648
2022
Top Exporter | Top Importer $80.9M | $66MUnited States | Canada
2022
Product Complexity 0.21Rnk 2185 / 4653
2021 - 2022
Export Growth (CAGR) -64.6%Rnk 4566 / 4648
2022
Share of World Trade 0.0013%Rnk 3426 / 4648

About

Overview This page contains the latest trade data of Closed and covered. In 2022, Closed and covered were the world's 3426th most traded product, with a total trade of $297M. Between 2021 and 2022 the exports of Closed and covered decreased by -64.6%, from $839M to $297M. Trade in Closed and covered represent 0.0013% of total world trade.

Closed and covered are a part of Railway Freight Cars.

Exports In 2022 the top exporters of Closed and covered  were United States ($80.9M), Croatia ($48.6M), Poland ($40.8M), Mexico ($36.3M), and Russia ($27M).

Imports In 2022 the top importers of Closed and covered were Canada ($66M), France ($38.3M), United States ($37.9M), Germany ($33.9M), and Mexico ($30.8M).

Ranking Closed and covered ranks 2185th in the Product Complexity Index (PCI).

Description Railway cars are used to transport goods around the world. They are closed and covered, and can carry huge amounts of goods because there is no need to build roads and bridges.

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Closed and covered. 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)United States$80.9M
Top Destination (2022)Canada$66M

In 2022 Closed and covered were the world's 3426th most traded product (out of 4,648).

In 2022, the top exporters of Closed and covered were United States ($80.9M), Croatia ($48.6M), Poland ($40.8M), Mexico ($36.3M), and Russia ($27M).

In 2022, the top importers of Closed and covered were Canada ($66M), France ($38.3M), United States ($37.9M), Germany ($33.9M), and Mexico ($30.8M).

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Exporters of Closed and covered (2022)
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Importers of Closed and covered (2022)
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Market Dynamics

Color
Top Origin Decrease (2021 -  2022)Mexico-$456M
Top Destination Growth (2021 -  2022)France$36.6M

Between 2021 and 2022, the fastest declining exporters of Closed and covered were Mexico (-$456M), United States (-$72.5M), Russia (-$24.8M), Slovakia (-$20.8M), and Canada (-$15.1M).

Between 2021 and 2022, the fastest growing importers of Closed and covered were France ($36.6M), Hungary ($10M), Romania ($9.23M), Uruguay ($8.9M), and Mozambique ($3.99M).

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Exporters of Closed and covered (2021 - 2022)

Importers of Closed and covered (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Closed and covered.

In 2022, market concentration measured using Shannon Entropy, was 3.2. This means that most of the exports of Closed and covered are explained by 9 countries.

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Value of Exports in Closed and covered

Net Trade

TOP NET EXPORTER (2022)Croatia$48.1M
TOP NET IMPORTER (2022)Canada$48.5M

This map shows which countries export or import more of Closed and covered. Each country is colored based on the difference in exports and imports of Closed and covered during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Closed and covered were Croatia ($48.1M), United States ($43M), Poland ($40.8M), Russia ($25.7M), and Slovakia ($11M).

In 2022, the countries that had a largest trade value in imports than in exports of Closed and covered were Canada ($48.5M), France ($38.2M), Germany ($29.2M), Kazakhstan ($24.6M), and Hungary ($10.4M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Closed and covered.
It is possible to select the main countries that export or import Closed and covered in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Closed and covered 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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