Overview This page contains the latest trade data of Iron Railway Products. In 2020, Iron Railway Products were the world's 603rd most traded product, with a total trade of $3.2B. Between 2019 and 2020 the exports of Iron Railway Products decreased by -13%, from $3.68B to $3.2B. Trade in Iron Railway Products represent 0.019% of total world trade.
Iron Railway Products are a part of Iron or steel articles. They include Railway/tramway rails, iron or steel, Rail/tramway construction material of iron/steel, nes, Railway/tramway switch/crossing material, iron/steel, Railway fish plates and sole plates, iron or steel, and Sleepers (cross-ties), iron or steel.
Exports In 2020 the top exporters of Iron Railway Products were Austria ($517M), China ($365M), Japan ($269M), Spain ($217M), and Poland ($215M).
Imports In 2020 the top importers of Iron Railway Products were Germany ($318M), Canada ($236M), Italy ($198M), United States ($131M), and Switzerland ($104M).
Tariffs In 2018 the average tariff for Iron Railway Products was 4.57%, making it the 907th lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Iron Railway Products are Bahamas (40.2%), Bermuda (25%), Cayman Islands (22%), and Bhutan (19.6%). The countries with the lowest tariffs are Angola (0%), Ethiopia (0%), Kenya (0%), Mauritius (0%), and Rwanda (0%).
Ranking Iron Railway Products ranks 295th in the Product Complexity Index (PCI).
Description Rail tracks are used to transport people and goods. They can be made from a variety of materials, including steel, wood, or concrete.