Overview: This page contains the latest trade data of Iron Railway Products. In 2019, Iron Railway Products were the world's 576th most traded product, with a total trade of $3.75B. Between 2018 and 2019 the exports of Iron Railway Products grew by 4.02%, from $3.61B to $3.75B. Trade in Iron Railway Products represent 0.021% of total world trade.
Exports: In 2019 the top exporters of Iron Railway Products were Austria ($520M), China ($488M), Japan ($446M), United States ($277M), and France ($222M).
Imports: In 2019 the top importers of Iron Railway Products were Canada ($305M), Germany ($292M), United States ($223M), Italy ($196M), and Indonesia ($130M).
Tariffs: In 2018 the average tariff for Iron Railway Products was 4.63%, making it the 886th lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Iron Railway Products are Bahamas (40.2%), Bermuda (25%), Pakistan (18.5%), Ecuador (17.2%), and Panama (15%). The countries with the lowest tariffs are Angola (0%), Ethiopia (0%), Kenya (0%), Mauritius (0%), and Rwanda (0%).
Ranking: Iron Railway Products ranks 342nd in the Product Complexity Index (PCI).
Description: Rail tracks are used to transport people and goods. They can be made from a variety of materials, including steel, wood, or concrete.