Maintenance-of-way service vehiclesRailway maintenance-of-way service vehicles
860400 (Harmonized System 1992 for 6-digit)
2021 World Trade: $1.28B, Rnk 1868 / 4641
2021 Top Exporter | Top Importer: $393M | $130M, Austria | Japan
2021 Product Complexity: 0.22, Rnk 2158 / 4648
2020 - 2021 Export Growth (CAGR): 22.6%, Rnk 2058 / 4641
2018 Mean Tariff: 5.78%, Rnk 3787 / 6538
2021 Share of World Trade: <0.01%, Rnk 1868 / 4641
Overview This page contains the latest trade data of Maintenance-of-way service vehicles. In 2021, Maintenance-of-way service vehicles were the world's 1868th most traded product, with a total trade of $1.28B. Between 2020 and 2021 the exports of Maintenance-of-way service vehicles grew by 22.6%, from $1.04B to $1.28B. Trade in Maintenance-of-way service vehicles represent 0.000061% of total world trade.
Maintenance-of-way service vehicles are a part of Railway Maintenance Vehicles.
Exports In 2021 the top exporters of Maintenance-of-way service vehicles were Austria ($393M), Germany ($197M), United States ($181M), Italy ($120M), and China ($87.3M).
Imports In 2021 the top importers of Maintenance-of-way service vehicles were Japan ($130M), India ($94.8M), Canada ($80.2M), Switzerland ($72.9M), and South Korea ($66.7M).
Tariffs In 2018 the average tariff for Maintenance-of-way service vehicles was 5.78%, making it the 3787th lowest tariff using the HS6 product classification.
Ranking Maintenance-of-way service vehicles ranks 2158th in the Product Complexity Index (PCI).
Description Common railway maintenance-of-way service vehicles include track inspection vehicles, track maintenance vehicles, track welding vehicles, track work service vehicles, etc. These vehicles help to inspect, maintain, and repair the railway tracks.
The following visualization shows the latest trends on Maintenance-of-way service vehicles. Countries are shown based on data availability.
For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.
* Using January 2020 exchange rates when trade data is reported in local currency.
Trade By Country
Maintenance-of-way service vehicles are the world's 1868th most traded product.
In 2021, the top exporters of Maintenance-of-way service vehicles were Austria ($393M), Germany ($197M), United States ($181M), Italy ($120M), and China ($87.3M).
In 2021, the top importers of Maintenance-of-way service vehicles were Japan ($130M), India ($94.8M), Canada ($80.2M), Switzerland ($72.9M), and South Korea ($66.7M).
Trade by country
Between 2020 and 2021, the exports of Maintenance-of-way service vehicles grew the fastest in Austria ($73.3M), United States ($62.8M), Spain ($52.8M), Italy ($42.5M), and China ($38.4M).
Between 2020 and 2021, the fastest growing importers of Maintenance-of-way service vehicles were India ($56.8M), Japan ($50.7M), South Korea ($45.1M), Malaysia ($31.2M), and Spain ($28.1M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Maintenance-of-way service vehicles.
In 2021, market concentration measured using Shannon Entropy, was 3.3. This means that most of the exports of Maintenance-of-way service vehicles are explained by 9 countries.
This map shows which countries export or import more of Maintenance-of-way service vehicles. Each country is colored based on the difference in exports and imports of Maintenance-of-way service vehicles during 2021.
In 2021, the countries that had a largest trade value in exports than in imports of Maintenance-of-way service vehicles were Austria ($374M), Germany ($179M), United States ($157M), Italy ($96.3M), and China ($71.4M).
In 2021, the countries that had a largest trade value in imports than in exports of Maintenance-of-way service vehicles were Japan ($130M), India ($83.6M), Canada ($62.1M), South Korea ($55.4M), and Poland ($44.1M).
This visualization shows the countries that have an important ratio of their trade related to Maintenance-of-way service vehicles. It is possible to select the main countries that export or import Maintenance-of-way service vehicles in the world, or by continent, as well as select the measure of interest.
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.
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