HS Icon Self-Propelled Rail Transport

8603 (Harmonized System 1992 for 4-digit)

Overview This page contains the latest trade data of Self-Propelled Rail Transport. In 2020, Self-Propelled Rail Transport were the world's 477th most traded product, with a total trade of $4.96B. Between 2019 and 2020 the exports of Self-Propelled Rail Transport decreased by -23.8%, from $6.51B to $4.96B. Trade in Self-Propelled Rail Transport represent 0.03% of total world trade.

Self-Propelled Rail Transport are a part of Railway and trams. They include Railways cars, external electric power and Railway cars except external electric.

Exports In 2020 the top exporters of Self-Propelled Rail Transport  were Germany ($796M), Switzerland ($764M), China ($604M), Spain ($566M), and Poland ($436M).

Imports In 2020 the top importers of Self-Propelled Rail Transport were Germany ($625M), United Kingdom ($507M), Sweden ($378M), Australia ($289M), and Saudi Arabia ($265M).

Tariffs In 2018 the average tariff for Self-Propelled Rail Transport was 6.77%, making it the 635th lowest tariff using the HS4 product classification.

Ranking Self-Propelled Rail Transport ranks 16th in the Product Complexity Index (PCI).

Description Self-propelled railway or tramway coaches, vans and trucks are used to transport people. They can be made from a variety of materials, including steel, aluminum, and plastic.

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Y-AXIS SCALE

The following visualization shows the latest trends on Self-Propelled Rail Transport. 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): Germany, $796M

Top Destination (2020): Germany, $625M

Self-Propelled Rail Transport are the world's 477th most traded product.

In 2020, the top exporters of Self-Propelled Rail Transport were Germany ($796M), Switzerland ($764M), China ($604M), Spain ($566M), and Poland ($436M).

In 2020, the top importers of Self-Propelled Rail Transport were Germany ($625M), United Kingdom ($507M), Sweden ($378M), Australia ($289M), and Saudi Arabia ($265M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2019 -  2020): Switzerland, $254M

Top Destination Growth (2019 - 2020): Germany, $265M

Between 2019 and 2020, the exports of Self-Propelled Rail Transport grew the fastest in Switzerland ($254M), South Korea ($136M), Japan ($125M), Indonesia ($10M), and Nepal ($9.84M).

Between 2019 and 2020, the fastest growing importers of Self-Propelled Rail Transport were Germany ($265M), Sweden ($105M), Turkey ($103M), Israel ($100M), and Qatar ($86.2M).

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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 Self-Propelled Rail Transport.

In 2020,  market concentration measured using Shannon Entropy, was 3.57. This means that most of the exports of Self-Propelled Rail Transport are explained by 11 countries.

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TOP NET EXPORTER (2020): Switzerland, $733M

TOP NET IMPORTER (2020): United Kingdom, $500M

This map shows which countries export or import more of Self-Propelled Rail Transport. Each country is colored based on the difference in exports and imports of Self-Propelled Rail Transport during 2020.

In 2020, the countries that had a largest trade value in exports than in imports of Self-Propelled Rail Transport were Switzerland ($733M), China ($593M), Spain ($566M), South Korea ($365M), and Austria ($349M).

In 2020, the countries that had a largest trade value in imports than in exports of Self-Propelled Rail Transport were United Kingdom ($500M), Sweden ($378M), Australia ($288M), Saudi Arabia ($265M), and Thailand ($220M).

Disaggregation

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Value

In 2020, the world most traded Self-Propelled Rail Transport, disaggragated by their HS6 level were Railways cars, external electric power ($4.19B) and Railway cars except external electric ($774M)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Self-Propelled Rail Transport.
It is possible to select the main countries that export or import Self-Propelled Rail Transport 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.

Country by Relatedness

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The following visualization shows the relatedness of Self-Propelled Rail Transport to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.