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730290 (Harmonized System 1992 for 6-digit)

2023
World Trade $642MRnk 2586 / 4644
2023
Top Exporter | Top Importer $113M | $46.4MGermany | Mexico
2023
Product Complexity 0.63Rnk 1415 / 4656
2022 - 2023
Export Growth (CAGR) -2.32%Rnk 1788 / 4644
2023
Share of World Trade 0.0028%Rnk 2586 / 4644

About

Overview This page contains the latest trade data of Rail/tramway construction material of iron/steel, nes. In 2023, Rail/tramway construction material of iron/steel, nes were the world's 2586th most traded product, with a total trade of $642M. Between 2022 and 2023 the exports of Rail/tramway construction material of iron/steel, nes decreased by -2.32%, from $657M to $642M. Trade in Rail/tramway construction material of iron/steel, nes represent 0.0028% of total world trade.

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

Exports In 2023 the top exporters of Rail/tramway construction material of iron/steel, nes  were Germany ($113M), China ($105M), United Kingdom ($51.2M), Australia ($45.8M), and United States ($45.4M).

Imports In 2023 the top importers of Rail/tramway construction material of iron/steel, nes were Mexico ($46.4M), Canada ($38.7M), United States ($37.1M), Kazakhstan ($34.5M), and Italy ($28.4M).

Ranking Rail/tramway construction material of iron/steel, nes ranks 1415th 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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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 (2023)Germany$113M
Top Destination (2023)Mexico$46.4M

In 2023 Rail/tramway construction material of iron/steel, nes were the world's 2586th most traded product (out of 4,644).

In 2023, the top exporters of Rail/tramway construction material of iron/steel, nes were Germany ($113M), China ($105M), United Kingdom ($51.2M), Australia ($45.8M), and United States ($45.4M).

In 2023, the top importers of Rail/tramway construction material of iron/steel, nes were Mexico ($46.4M), Canada ($38.7M), United States ($37.1M), Kazakhstan ($34.5M), and Italy ($28.4M).

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Exporters of Rail/tramway construction material of iron/steel, nes (2023)
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Importers of Rail/tramway construction material of iron/steel, nes (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Turkey$15.4M
Top Destination Growth (2022 -  2023)Mexico$28.2M

Between 2022 and 2023, the exports of Rail/tramway construction material of iron/steel, nes grew the fastest in Turkey ($15.4M), Japan ($12.6M), Australia ($7.06M), Poland ($5.19M), and Estonia ($3.48M).

Between 2022 and 2023, the fastest growing importers of Rail/tramway construction material of iron/steel, nes were Mexico ($28.2M), Kazakhstan ($20.2M), India ($14.5M), Uzbekistan ($8.02M), and Belgium ($7.48M).

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Exporters of Rail/tramway construction material of iron/steel, nes (2022 - 2023)

Importers of Rail/tramway construction material of iron/steel, nes (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 4.28. This means that most of the exports of Rail/tramway construction material of iron/steel, nes are explained by 19 countries.

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

Net Trade

TOP NET EXPORTER (2023)China$101M
TOP NET IMPORTER (2023)Mexico$46.1M

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 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Rail/tramway construction material of iron/steel, nes were China ($101M), Germany ($86M), Australia ($43.1M), United Kingdom ($35.6M), and Turkey ($31.2M).

In 2023, the countries that had a largest trade value in imports than in exports of Rail/tramway construction material of iron/steel, nes were Mexico ($46.1M), Kazakhstan ($34M), Canada ($32.6M), Uzbekistan ($21.8M), and Indonesia ($14.8M).

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/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 (2023)

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