Railways cars, external electric power860310 (Harmonized System 1992 for 6-digit)
2020 World Trade: $4.19B, Rnk 696 / 4613
2020 Top Exporter | Top Importer: $735M | $528M, Switzerland | Germany
2020 Product Complexity: 1.62, Rnk 176 / 4783
2019 - 2020 Export Growth (CAGR): -20.2%, Rnk 3667 / 4613
2018 Mean Tariff: 6.68%, Rnk 3369 / 6538
2020 Share of World Trade: 0.025%, Rnk 696 / 4613
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.
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.
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).
Trade by country
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).
Cumulative market share
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.
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).
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.
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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