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Pricing

730290 (Harmonized System 1992 for 6-digit)

2022
World Trade $560MRnk 2813 / 4648
2022
Top Exporter | Top Importer $95.4M | $37.6MGermany | Canada
2022
Product Complexity 0.024Rnk 2495 / 4653
2021 - 2022
Export Growth (CAGR) 5.5%Rnk 2166 / 4648
2022
Share of World Trade 0.0024%Rnk 2813 / 4648

About

Overview This page contains the latest trade data of Rail/tramway construction material of iron/steel, nes. In 2022, Rail/tramway construction material of iron/steel, nes were the world's 2813th most traded product, with a total trade of $560M. Between 2021 and 2022 the exports of Rail/tramway construction material of iron/steel, nes grew by 5.5%, from $531M to $560M. Trade in Rail/tramway construction material of iron/steel, nes represent 0.0024% of total world trade.

Rail/tramway construction material of iron/steel, nes are a part of Iron Railway Products.

Exports In 2022 the top exporters of Rail/tramway construction material of iron/steel, nes  were Germany ($95.4M), China ($68.1M), United Kingdom ($55.7M), United States ($49.8M), and Australia ($31.4M).

Imports In 2022 the top importers of Rail/tramway construction material of iron/steel, nes were Canada ($37.6M), United States ($32.6M), Germany ($29.1M), Italy ($26.6M), and Mexico ($21.8M).

Ranking Rail/tramway construction material of iron/steel, nes ranks 2495th in the Product Complexity Index (PCI).

Description Rail/tramway construction material of iron/steel is used in the construction of railway tracks and tramways, as well as in the construction of bridges, viaducts, and other large structures.

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Rail/tramway construction material of iron/steel, nes. 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)Germany$95.4M
Top Destination (2022)Canada$37.6M

In 2022 Rail/tramway construction material of iron/steel, nes were the world's 2813th most traded product (out of 4,648).

In 2022, the top exporters of Rail/tramway construction material of iron/steel, nes were Germany ($95.4M), China ($68.1M), United Kingdom ($55.7M), United States ($49.8M), and Australia ($31.4M).

In 2022, the top importers of Rail/tramway construction material of iron/steel, nes were Canada ($37.6M), United States ($32.6M), Germany ($29.1M), Italy ($26.6M), and Mexico ($21.8M).

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Exporters of Rail/tramway construction material of iron/steel, nes (2022)
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Importers of Rail/tramway construction material of iron/steel, nes (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)United Kingdom$17.8M
Top Destination Growth (2021 -  2022)Liberia$13.6M

Between 2021 and 2022, the exports of Rail/tramway construction material of iron/steel, nes grew the fastest in United Kingdom ($17.8M), China ($13.6M), United States ($10.8M), South Korea ($9.49M), and Spain ($7.17M).

Between 2021 and 2022, the fastest growing importers of Rail/tramway construction material of iron/steel, nes were Liberia ($13.6M), Chinese Taipei ($12.4M), Mexico ($10.8M), Germany ($9.62M), and Kazakhstan ($6.63M).

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Exporters of Rail/tramway construction material of iron/steel, nes (2021 - 2022)

Importers of Rail/tramway construction material of iron/steel, nes (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Rail/tramway construction material of iron/steel, nes.

In 2022, market concentration measured using Shannon Entropy, was 4.41. This means that most of the exports of Rail/tramway construction material of iron/steel, nes are explained by 21 countries.

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Value of Exports in Rail/tramway construction material of iron/steel, nes

Net Trade

TOP NET EXPORTER (2022)Germany$66.3M
TOP NET IMPORTER (2022)Canada$31.5M

This map shows which countries export or import more of Rail/tramway construction material of iron/steel, nes. Each country is colored based on the difference in exports and imports of Rail/tramway construction material of iron/steel, nes during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Rail/tramway construction material of iron/steel, nes were Germany ($66.3M), China ($62.5M), United Kingdom ($36.3M), Australia ($26.5M), and Spain ($18.6M).

In 2022, the countries that had a largest trade value in imports than in exports of Rail/tramway construction material of iron/steel, nes were Canada ($31.5M), Mexico ($21.5M), Chinese Taipei ($16M), Kazakhstan ($15.8M), and Liberia ($13.6M).

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 Rail/tramway construction material of iron/steel, nes.
It is possible to select the main countries that export or import Rail/tramway construction material of iron/steel, nes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Rail/tramway construction material of iron/steel, nes 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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