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860120 (Harmonized System 1992 for 6-digit)

2023
World Trade $193MRnk 3685 / 4644
2023
Top Exporter | Top Importer $162M | $142MChina | Singapore
2023
Product Complexity -0.068Rnk 2648 / 4656
2022 - 2023
Export Growth (CAGR) 303%Rnk 10 / 4644
2023
Share of World Trade 0.00085%Rnk 3685 / 4644

About

Overview This page contains the latest trade data of Rail locomotives powered by electric accumulators. In 2023, Rail locomotives powered by electric accumulators were the world's 3685th most traded product, with a total trade of $193M. Between 2022 and 2023 the exports of Rail locomotives powered by electric accumulators grew by 303%, from $47.9M to $193M. Trade in Rail locomotives powered by electric accumulators represent 0.00085% of total world trade.

Rail locomotives powered by electric accumulators are a part of Electric Locomotives.

Exports In 2023 the top exporters of Rail locomotives powered by electric accumulators  were China ($162M), Germany ($7.96M), Italy ($5.22M), Netherlands ($4.23M), and United Kingdom ($2.94M).

Imports In 2023 the top importers of Rail locomotives powered by electric accumulators were Singapore ($142M), Argentina ($9.06M), India ($4.7M), Indonesia ($4.63M), and Chinese Taipei ($3.18M).

Ranking Rail locomotives powered by electric accumulators ranks 2648th in the Product Complexity Index (PCI).

Description An electric accumulator-powered rail locomotive is a railway locomotive that uses the electric energy stored in accumulators to provide traction power. An accumulator-powered locomotive is a cleaner alternative to a diesel locomotive because it does not directly burn fossil fuels, such as diesel fuel or coal, to produce tractive power. It also tends to be quieter than a diesel locomotive. An electric accumulator-powered rail locomotive is a railway locomotive that uses the electric energy stored in accumulators to provide traction power. An accumulator-powered locomotive is a cleaner

Latest Trends

Latest Data

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The following visualization shows the latest trends on Rail locomotives powered by electric accumulators. 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 (2023)China$162M
Top Destination (2023)Singapore$142M

In 2023 Rail locomotives powered by electric accumulators were the world's 3685th most traded product (out of 4,644).

In 2023, the top exporters of Rail locomotives powered by electric accumulators were China ($162M), Germany ($7.96M), Italy ($5.22M), Netherlands ($4.23M), and United Kingdom ($2.94M).

In 2023, the top importers of Rail locomotives powered by electric accumulators were Singapore ($142M), Argentina ($9.06M), India ($4.7M), Indonesia ($4.63M), and Chinese Taipei ($3.18M).

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Exporters of Rail locomotives powered by electric accumulators (2023)
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Importers of Rail locomotives powered by electric accumulators (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$145M
Top Destination Growth (2022 -  2023)Singapore$133M

Between 2022 and 2023, the exports of Rail locomotives powered by electric accumulators grew the fastest in China ($145M), Italy ($4.33M), Germany ($3.73M), Netherlands ($2.51M), and Bulgaria ($1.55M).

Between 2022 and 2023, the fastest growing importers of Rail locomotives powered by electric accumulators were Singapore ($133M), Argentina ($9.06M), Indonesia ($4.59M), Chinese Taipei ($2.59M), and China ($2.17M).

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Exporters of Rail locomotives powered by electric accumulators (2022 - 2023)

Importers of Rail locomotives powered by electric accumulators (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Rail locomotives powered by electric accumulators.

In 2023, market concentration measured using Shannon Entropy, was 1.19. This means that most of the exports of Rail locomotives powered by electric accumulators are explained by 2 countries.

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Value of Exports in Rail locomotives powered by electric accumulators

Net Trade

TOP NET EXPORTER (2023)China$160M
TOP NET IMPORTER (2023)Singapore$142M

This map shows which countries export or import more of Rail locomotives powered by electric accumulators. Each country is colored based on the difference in exports and imports of Rail locomotives powered by electric accumulators during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Rail locomotives powered by electric accumulators were China ($160M), Germany ($7.36M), Italy ($4.8M), Netherlands ($4.1M), and South Africa ($1.75M).

In 2023, the countries that had a largest trade value in imports than in exports of Rail locomotives powered by electric accumulators were Singapore ($142M), India ($4.64M), Chinese Taipei ($3.15M), France ($2.3M), and South Korea ($890k).

Net Trade (2023)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Rail locomotives powered by electric accumulators 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 (2023)

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