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Railway, tramway locomotives, rolling-stock and parts thereof; railway or tramway track fixtures and fittings and parts thereof; mechanical (including electro-mechanical) traffic signalling equipment of all kinds

86 (Harmonized System 1992 for 2-digit)

2022
World Trade $36.9BRnk 67 / 96
2022
Top Exporter | Top Importer $9.83B | $4.08BChina | United States
2022
Product Complexity 1.05Rnk 17 / 96
2021 - 2022
Export Growth (CAGR) -5.86%Rnk 90 / 96
2022
Share of World Trade 0.16%Rnk 67 / 96

About

Overview This page contains the latest trade data of Railway and trams. In 2022, Railway and trams were the world's 67th most traded product, with a total trade of $36.9B. Between 2021 and 2022 the exports of Railway and trams decreased by -5.86%, from $39.2B to $36.9B. Trade in Railway and trams represent 0.16% of total world trade.

Railway and trams are a part of Transportation. They include Locomotive Parts, Self-Propelled Rail Transport, Railway Cargo Containers, Railway Freight Cars, Other Locomotives, Railway Passenger Cars, Electric Locomotives, Railway Maintenance Vehicles, and Railway Track Fixtures.

Exports In 2022 the top exporters of Railway and trams  were China ($9.83B), United States ($3.41B), Germany ($3.35B), Poland ($1.91B), and Austria ($1.84B).

Imports In 2022 the top importers of Railway and trams were United States ($4.08B), Germany ($3.47B), Canada ($1.66B), United Kingdom ($1.53B), and France ($1.52B).

Ranking Railway and trams ranks 17th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Railway and trams. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

Explore Latest Trends

* 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)China$9.83B
Top Destination (2022)United States$4.08B

In 2022 Railway and trams were the world's 67th most traded product (out of 96).

In 2022, the top exporters of Railway and trams were China ($9.83B), United States ($3.41B), Germany ($3.35B), Poland ($1.91B), and Austria ($1.84B).

In 2022, the top importers of Railway and trams were United States ($4.08B), Germany ($3.47B), Canada ($1.66B), United Kingdom ($1.53B), and France ($1.52B).

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Exporters of Railway and trams (2022)
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Importers of Railway and trams (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)United States$768M
Top Destination Growth (2021 -  2022)United States$543M

Between 2021 and 2022, the exports of Railway and trams grew the fastest in United States ($768M), China ($722M), Italy ($275M), Japan ($239M), and Canada ($170M).

Between 2021 and 2022, the fastest growing importers of Railway and trams were United States ($543M), Spain ($535M), Mexico ($511M), Slovakia ($299M), and Indonesia ($273M).

Explore Visualizations

Exporters of Railway and trams (2021 - 2022)

Importers of Railway and trams (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Railway and trams.

In 2022, market concentration measured using Shannon Entropy, was 4.27. This means that most of the exports of Railway and trams are explained by 19 countries.

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Value of Exports in Railway and trams

Net Trade

TOP NET EXPORTER (2022)China$9.21B
TOP NET IMPORTER (2022)Chinese Taipei$1.06B

This map shows which countries export or import more of Railway and trams. Each country is colored based on the difference in exports and imports of Railway and trams during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Railway and trams were China ($9.21B), Poland ($892M), South Korea ($863M), Czechia ($762M), and Austria ($756M).

In 2022, the countries that had a largest trade value in imports than in exports of Railway and trams were Chinese Taipei ($1.06B), Australia ($1.02B), Canada ($1.01B), United Kingdom ($992M), and Mexico ($953M).

Net Trade (2022)

Disaggregation

Value
Disaggregation

In 2022, the world most traded Railway and trams, disaggragated by their HS6 level were Locomotive Parts ($12.2B), Railway Cargo Containers ($9.13B), Self-Propelled Rail Transport ($5.98B), Railway Freight Cars ($3.46B), and Other Locomotives ($1.55B)

HS6 Disaggregation for Railway and trams (2022)
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Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Railway and trams by percentage of total exports

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALIndia+ $128M
TOP IMPORT POTENTIALUnited States+ $24.2M

Railway and trams’s highest export potential is India. With an export gap of $128M.  Railway and trams’s highest import potential is United States with an import gap of $24.2M.

See methodology.

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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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