HS Icon Railway Freight Cars

Railway or tramway goods vans and wagons; not self-propelled

8606 (Harmonized System 1992 for 4-digit)

Overview This page contains the latest trade data of Railway Freight Cars. In 2021, Railway Freight Cars were the world's 572nd most traded product, with a total trade of $4.37B. Between 2020 and 2021 the exports of Railway Freight Cars grew by 37.4%, from $3.18B to $4.37B. Trade in Railway Freight Cars represent 0.00021% of total world trade.

Railway Freight Cars are a part of Railway and trams. They include Tank cars, Other Railway cars, Closed and covered, Open > 60 cm high, Self-discharging, and Insulated, refrigerated .

Exports In 2021 the top exporters of Railway Freight Cars  were Mexico ($1.29B), United States ($621M), Slovakia ($455M), Russia ($317M), and China ($303M).

Imports In 2021 the top importers of Railway Freight Cars were United States ($1.37B), Germany ($464M), Canada ($425M), Mexico ($300M), and Poland ($244M).

Tariffs In 2018 the average tariff for Railway Freight Cars was 7.23%, making it the 603rd lowest tariff using the HS4 product classification.

Ranking Railway Freight Cars ranks 576th in the Product Complexity Index (PCI).

Description Goods vans and wagons are used to transport goods. They can be made from a variety of materials, including steel, aluminum, or wood.

View
Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Railway Freight Cars. 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

#permalink to section

Exporters and Importers

#permalink to section

Trade By Country

Top Origin (2021): Mexico, $1.29B

Top Destination (2021): United States, $1.37B

Railway Freight Cars are the world's 572nd most traded product.

In 2021, the top exporters of Railway Freight Cars were Mexico ($1.29B), United States ($621M), Slovakia ($455M), Russia ($317M), and China ($303M).

In 2021, the top importers of Railway Freight Cars were United States ($1.37B), Germany ($464M), Canada ($425M), Mexico ($300M), and Poland ($244M).

Explore Visualizations

Market Dynamics

#permalink to section

Trade by country

Color

Top Origin Growth (2020 -  2021): Mexico, $854M

Top Destination Growth (2020 -  2021): United States, $900M

Between 2020 and 2021, the exports of Railway Freight Cars grew the fastest in Mexico ($854M), Russia ($111M), United States ($101M), Canada ($82.9M), and China ($65.2M).

Between 2020 and 2021, the fastest growing importers of Railway Freight Cars were United States ($900M), Mexico ($108M), Poland ($85.7M), Greece ($52.7M), and Guinea ($46.7M).

Explore Visualizations

Market Concentration

#permalink to section

Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Railway Freight Cars.

In 2021, market concentration measured using Shannon Entropy, was 3.62. This means that most of the exports of Railway Freight Cars are explained by 12 countries.

Explore Visualizations

TOP NET EXPORTER (2021): Mexico, $991M

TOP NET IMPORTER (2021): United States, $754M

This map shows which countries export or import more of Railway Freight Cars. Each country is colored based on the difference in exports and imports of Railway Freight Cars during 2021.

In 2021, the countries that had a largest trade value in exports than in imports of Railway Freight Cars were Mexico ($991M), Slovakia ($360M), China ($299M), Russia ($181M), and Bulgaria ($147M).

In 2021, the countries that had a largest trade value in imports than in exports of Railway Freight Cars were United States ($754M), Germany ($364M), Canada ($217M), Australia ($170M), and Austria ($143M).

Disaggregation

#permalink to section
Value

In 2021, the world most traded Railway Freight Cars, disaggragated by their HS6 level were Other Railway cars ($1.17B), Tank cars ($1.16B), Closed and covered ($835M), Self-discharging ($795M), and Open > 60 cm high ($401M)

Country Comparison

#permalink to section
Flow
Measure
Ranking

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

Product Complexity

#permalink to section

Diversification Frontier

#permalink to section
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.

Country by Relatedness

#permalink to section

The following visualization shows the relatedness of Railway Freight Cars to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.