HS Icon Maintenance-of-way service vehicles

Railway maintenance-of-way service vehicles

860400 (Harmonized System 1992 for 6-digit)

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.

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Flow
Y-AXIS SCALE

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.

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Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2021): Austria, $393M

Top Destination (2021): Japan, $130M

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).

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Market Dynamics

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Trade by country

Color

Top Origin Growth (2020 -  2021): Austria, $73.3M

Top Destination Growth (2020 -  2021): India, $56.8M

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).

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Market Concentration

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Cumulative market share

Value

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.

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TOP NET EXPORTER (2021): Austria, $374M

TOP NET IMPORTER (2021): Japan, $130M

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).

Country Comparison

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Flow
Measure
Ranking

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.

Product Complexity

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Diversification Frontier

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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.