HS Icon Railways cars, external electric power

860310 (Harmonized System 1992 for 6-digit)

Overview This page contains the latest trade data of Railways cars, external electric power. In 2020, Railways cars, external electric power were the world's 696th most traded product, with a total trade of $4.19B. Between 2019 and 2020 the exports of Railways cars, external electric power decreased by -20.2%, from $5.25B to $4.19B. Trade in Railways cars, external electric power represent 0.025% of total world trade.

Railways cars, external electric power are a part of Self-Propelled Rail Transport.

Exports In 2020 the top exporters of Railways cars, external electric power  were Switzerland ($735M), Germany ($572M), China ($507M), Spain ($480M), and Austria ($404M).

Imports In 2020 the top importers of Railways cars, external electric power were Germany ($528M), Sweden ($353M), United Kingdom ($340M), Australia ($288M), and Saudi Arabia ($265M).

Tariffs In 2018 the average tariff for Railways cars, external electric power was 6.68%, making it the 3369th lowest tariff using the HS6 product classification.

Ranking Railways cars, external electric power ranks 176th in the Product Complexity Index (PCI).

Description Self-propelled railway cars are used in transportation. An external electric power supply is used for the train to power the locomotive and carriages.

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The following visualization shows the latest trends on Railways cars, external electric power. 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.

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Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2020): Switzerland, $735M

Top Destination (2020): Germany, $528M

Railways cars, external electric power are the world's 696th most traded product.

In 2020, the top exporters of Railways cars, external electric power were Switzerland ($735M), Germany ($572M), China ($507M), Spain ($480M), and Austria ($404M).

In 2020, the top importers of Railways cars, external electric power were Germany ($528M), Sweden ($353M), United Kingdom ($340M), Australia ($288M), and Saudi Arabia ($265M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2019 -  2020): Switzerland, $232M

Top Destination Growth (2019 - 2020): Germany, $272M

Between 2019 and 2020, the exports of Railways cars, external electric power grew the fastest in Switzerland ($232M), South Korea ($136M), Japan ($98M), Mexico ($8.52M), and United Arab Emirates ($6.07M).

Between 2019 and 2020, the fastest growing importers of Railways cars, external electric power were Germany ($272M), Turkey ($103M), Sweden ($93.5M), Qatar ($86.2M), and Austria ($67.8M).

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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 Railways cars, external electric power.

In 2020,  market concentration measured using Shannon Entropy, was 3.55. This means that most of the exports of Railways cars, external electric power are explained by 11 countries.

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TOP NET EXPORTER (2020): Switzerland, $707M

TOP NET IMPORTER (2020): Sweden, $353M

This map shows which countries export or import more of Railways cars, external electric power. Each country is colored based on the difference in exports and imports of Railways cars, external electric power during 2020.

In 2020, the countries that had a largest trade value in exports than in imports of Railways cars, external electric power were Switzerland ($707M), China ($496M), Spain ($480M), South Korea ($365M), and Austria ($330M).

In 2020, the countries that had a largest trade value in imports than in exports of Railways cars, external electric power were Sweden ($353M), United Kingdom ($335M), Australia ($288M), Turkey ($175M), and Norway ($129M).

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Railways cars, external electric power.
It is possible to select the main countries that export or import Railways cars, external electric power 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.