Railway Maintenance Vehicles8604 (Harmonized System 1992 for 4-digit)
2020 World Trade: $1.04B, Rnk 882 / 1217
2020 Top Exporter | Top Importer: $320M | $90.8M, Austria | Canada
2020 Product Complexity: -0.13, Rnk 590 / 1028
2019 - 2020 Export Growth (CAGR): 1.01%, Rnk 301 / 1217
2018 Mean Tariff: 5.78%, Rnk 734 / 1259
2020 Share of World Trade: 0.0062%, Rnk 882 / 1217
Overview This page contains the latest trade data of Railway Maintenance Vehicles. In 2020, Railway Maintenance Vehicles were the world's 882nd most traded product, with a total trade of $1.04B. Between 2019 and 2020 the exports of Railway Maintenance Vehicles grew by 1.01%, from $1.03B to $1.04B. Trade in Railway Maintenance Vehicles represent 0.0062% of total world trade.
Railway Maintenance Vehicles are a part of Railway and trams. They include Maintenance-of-way service vehicles.
Exports In 2020 the top exporters of Railway Maintenance Vehicles were Austria ($320M), Germany ($192M), United States ($119M), Italy ($76.9M), and Switzerland ($58.1M).
Imports In 2020 the top importers of Railway Maintenance Vehicles were Canada ($90.8M), Japan ($79.4M), France ($72.5M), Germany ($68.1M), and Switzerland ($66.4M).
Tariffs In 2018 the average tariff for Railway Maintenance Vehicles was 5.78%, making it the 734th lowest tariff using the HS4 product classification.
Ranking Railway Maintenance Vehicles ranks 590th in the Product Complexity Index (PCI).
The following visualization shows the latest trends on Railway Maintenance Vehicles. 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.
Trade By Country
Railway Maintenance Vehicles are the world's 882nd most traded product.
In 2020, the top exporters of Railway Maintenance Vehicles were Austria ($320M), Germany ($192M), United States ($119M), Italy ($76.9M), and Switzerland ($58.1M).
In 2020, the top importers of Railway Maintenance Vehicles were Canada ($90.8M), Japan ($79.4M), France ($72.5M), Germany ($68.1M), and Switzerland ($66.4M).
Trade by country
Between 2019 and 2020, the exports of Railway Maintenance Vehicles grew the fastest in Croatia ($41M), Austria ($26.5M), Germany ($22.6M), China ($19.3M), and Sweden ($15.4M).
Between 2019 and 2020, the fastest growing importers of Railway Maintenance Vehicles were Iran ($55.2M), Belgium ($34.9M), Austria ($30.4M), Egypt ($20.6M), and Sweden ($19.2M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Railway Maintenance Vehicles.
In 2020, market concentration measured using Shannon Entropy, was 3.39. This means that most of the exports of Railway Maintenance Vehicles are explained by 10 countries.
This map shows which countries export or import more of Railway Maintenance Vehicles. Each country is colored based on the difference in exports and imports of Railway Maintenance Vehicles during 2020.
In 2020, the countries that had a largest trade value in exports than in imports of Railway Maintenance Vehicles were Austria ($260M), Germany ($124M), United States ($109M), Italy ($46M), and Croatia ($41M).
In 2020, the countries that had a largest trade value in imports than in exports of Railway Maintenance Vehicles were Canada ($80.8M), Japan ($78.5M), United Kingdom ($55M), France ($42.6M), and Belgium ($36.9M).
In 2020, the world most traded Railway Maintenance Vehicles, disaggragated by their HS6 level were Maintenance-of-way service vehicles ($1.04B)
This visualization shows the countries that have an important ratio of their trade related to Railway Maintenance Vehicles. It is possible to select the main countries that export or import Railway Maintenance Vehicles in the world, or by continent, as well as select the measure of interest.
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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