Overview: In 2018, Locomotive Parts were the world's 290th most traded product, with a total trade of $11.8B. Between 2017 and 2018 the exports of Locomotive Parts grew by 21.2%, from $9.7B to $11.8B. Trade in Locomotive Parts represent 0.064% of total world trade.
Exports: In 2018 the top exporters of Locomotive Parts were Germany ($2.17B), China ($1.23B), United States ($1.04B), Austria ($724M), and Czechia ($629M).
Imports: In 2018 the top importers of Locomotive Parts were Germany ($1.61B), United States ($1.13B), Mexico ($975M), China ($718M), and United Kingdom ($660M).
Tariffs: In 2018 the average tariff for Locomotive Parts was 4.85%, been the 844 lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Locomotive Parts are Bahamas (40.2%), Bermuda (25%), Maldives (24.5%), Romania (16.8%), and Panama (15%). The countries with the lowest tariffs are Angola (0%), Ethiopia (0%), Kenya (0%), Mauritius (0%), and Rwanda (0%).
Ranking: Locomotive Parts ranks 148th in the Product Complexity Index (PCI).