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HS Icon Railway and trams

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)

2021
World Trade: $38.6B, Rnk 64 / 96

2021
Top Exporter | Top Importer: $8.45B | $4.24B, China | Germany

2021
Product Complexity: 0.95, Rnk 18 / 96

2020 - 2021
Export Growth (CAGR): 25.2%, Rnk 34 / 96

2018
Mean Tariff: 5.83%, Rnk 75 / 96

2021
Share of World Trade: 0.0018%, Rnk 64 / 96

About

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Overview This page contains the latest trade data of Railway and trams. In 2021, Railway and trams were the world's 64th most traded product, with a total trade of $38.6B. Between 2020 and 2021 the exports of Railway and trams grew by 25.2%, from $30.9B to $38.6B. Trade in Railway and trams represent 0.0018% of total world trade.

Railway and trams are a part of Transportation. They include Railway and trams.

Exports In 2021 the top exporters of Railway and trams  were China ($8.45B), Germany ($4.51B), United States ($2.64B), Austria ($2.19B), and Poland ($2.04B).

Imports In 2021 the top importers of Railway and trams were Germany ($4.24B), United States ($3.52B), Poland ($1.53B), Canada ($1.44B), and France ($1.38B).

Tariffs In 2018 the average tariff for Railway and trams was 5.83%, making it the 75th lowest tariff using the HS2 product classification.

Ranking Railway and trams ranks 18th in the Product Complexity Index (PCI).

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Latest Data

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View
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.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2021): China, $8.45B

Top Destination (2021): Germany, $4.24B

Railway and trams are the world's 64th most traded product.

In 2021, the top exporters of Railway and trams were China ($8.45B), Germany ($4.51B), United States ($2.64B), Austria ($2.19B), and Poland ($2.04B).

In 2021, the top importers of Railway and trams were Germany ($4.24B), United States ($3.52B), Poland ($1.53B), Canada ($1.44B), and France ($1.38B).

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Market Dynamics

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Trade by country

Color

Top Origin Growth (2020 -  2021): China, $3.12B

Top Destination Growth (2020 -  2021): United States, $1.55B

Between 2020 and 2021, the exports of Railway and trams grew the fastest in China ($3.12B), Mexico ($825M), South Korea ($758M), Poland ($505M), and Austria ($420M).

Between 2020 and 2021, the fastest growing importers of Railway and trams were United States ($1.55B), Chinese Taipei ($778M), Germany ($654M), Israel ($522M), and Netherlands ($508M).

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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 Railway and trams.

In 2021, market concentration measured using Shannon Entropy, was 4.4. This means that most of the exports of Railway and trams are explained by 21 countries.

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Net Trade

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TOP NET EXPORTER (2021): China, $7.79B

TOP NET IMPORTER (2021): Chinese Taipei, $982M

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 2021.

In 2021, the countries that had a largest trade value in exports than in imports of Railway and trams were China ($7.79B), Spain ($1.19B), South Korea ($898M), Czechia ($885M), and Austria ($833M).

In 2021, the countries that had a largest trade value in imports than in exports of Railway and trams were Chinese Taipei ($982M), Canada ($970M), Israel ($940M), Australia ($929M), and United Kingdom ($929M).

Disaggregation

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Value
Disaggregation

In 2021, the world most traded Railway and trams, disaggragated by their HS6 level were Railway and trams ($38.6B)

Country Comparison

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Flow
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.

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.

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