Railway Track Fixtures8608 (Harmonized System 1992 for 4-digit)
World Trade (2018): $1B, Rnk 909 / 1225
Top Exporter (2018): $108M, Germany
Top Importer (2018): $53.7M, Germany
Product Complexity (2018): 0.5, Rnk 374 / 1018
Export Growth (CAGR)(2017 - 2018): 30.9%, Rnk 164 / 1225
Mean Tariff (2018): 4.79%, Rnk 857 / 1259
Share of World Trade (2018): 0.0055%, Rnk 909 / 1225
Overview: This page contains the latest trade data of Railway Track Fixtures. In 2018, Railway Track Fixtures were the world's 909th most traded product, with a total trade of $1B. Between 2017 and 2018 the exports of Railway Track Fixtures grew by 30.9%, from $766M to $1B. Trade in Railway Track Fixtures represent 0.0055% of total world trade.
Exports: In 2018 the top exporters of Railway Track Fixtures were Germany ($108M), China ($100M), Japan ($72.5M), France ($64.9M), and United Kingdom ($60.4M).
Imports: In 2018 the top importers of Railway Track Fixtures were Germany ($53.7M), United States ($46.5M), United Kingdom ($36.8M), France ($35.3M), and Switzerland ($29.6M).
Tariffs: In 2018 the average tariff for Railway Track Fixtures was 4.79%, been the 857 lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Railway Track Fixtures are Bahamas (40.2%), Bermuda (25%), Maldives (24.5%), Romania (17.2%), and Panama (15%). The countries with the lowest tariffs are Angola (0%), Ethiopia (0%), Kenya (0%), Mauritius (0%), and Rwanda (0%).
Ranking: Railway Track Fixtures ranks 374th in the Product Complexity Index (PCI).
Trade By Country
Railway Track Fixtures are the world's 909th most traded product.
In 2018, the top exporters of Railway Track Fixtures were Germany ($108M), China ($100M), Japan ($72.5M), France ($64.9M), and United Kingdom ($60.4M).
In 2018, the top importers of Railway Track Fixtures were Germany ($53.7M), United States ($46.5M), United Kingdom ($36.8M), France ($35.3M), and Switzerland ($29.6M).
Trade by country
Top Origin Growth (2017 - 2018): Japan, $51.6M
Top Destination Growth (2017 - 2018): United States, $46.5M
Between 2017 and 2018, the exports of Railway Track Fixtures grew the fastest in Japan ($51.6M), United Kingdom ($18.1M), Russia ($17.7M), China ($17.2M), and France ($14.3M).
Between 2017 and 2018, the fastest growing importers of Railway Track Fixtures were United States ($46.5M), Singapore ($21M), Argentina ($20.9M), Thailand ($20.2M), and Pakistan ($20.1M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Railway Track Fixtures.
In 2018, market concentration measured using Shannon Entropy, was 4.75. This means that most of the exports of Railway Track Fixtures are explained by 26 countries.
This map shows which countries export or import more of Railway Track Fixtures. Each country is colored based on the difference in exports and imports of Railway Track Fixtures during 2018.
In 2018, the countries that had a largest trade value in exports than in imports of Railway Track Fixtures were China ($78.9M), Japan ($57.5M), Germany ($54.6M), Spain ($43.6M), and Italy ($34.3M).
In 2018, the countries that had a largest trade value in imports than in exports of Railway Track Fixtures were Argentina ($27.7M), Thailand ($26.9M), Saudi Arabia ($22.4M), Azerbaijan ($20M), and Mexico ($19.6M).
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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