Self-Propelled Rail Transport8603 (Harmonized System 1992 for 4-digit)
2019 World Trade: $6.44B, Rnk 438 / 1217
2019 Top Exporter | Top Importer: $1.64B | $1.57B, Spain | United Kingdom
2019 Product Complexity: 1.63, Rnk 29 / 961
2018 - 2019 Export Growth (CAGR): 12.8%, Rnk 56 / 1217
2018 Mean Tariff: 6.77%, Rnk 635 / 1259
2019 Share of World Trade: 0.036%, Rnk 438 / 1217
Overview This page contains the latest trade data of Self-Propelled Rail Transport. In 2019, Self-Propelled Rail Transport were the world's 438th most traded product, with a total trade of $6.44B. Between 2018 and 2019 the exports of Self-Propelled Rail Transport grew by 12.8%, from $5.71B to $6.44B. Trade in Self-Propelled Rail Transport represent 0.036% of total world trade.
Exports In 2019 the top exporters of Self-Propelled Rail Transport were Spain ($1.64B), Germany ($789M), Poland ($701M), China ($573M), and Austria ($542M).
Imports In 2019 the top importers of Self-Propelled Rail Transport were United Kingdom ($1.57B), Saudi Arabia ($596M), Germany ($349M), Thailand ($286M), and Australia ($278M).
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.
The countries with the highest import tariffs for Self-Propelled Rail Transport are Bahamas (40.2%), Cayman Islands (29.5%), Bermuda (25%), and Nauru (25%). The countries with the lowest tariffs are Angola (0%), Ethiopia (0%), Kenya (0%), Mauritius (0%), and Rwanda (0%).
Ranking Self-Propelled Rail Transport ranks 29th 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.
Trade By Country
Top Origin (2019): Spain, $1.64B
Top Destination (2019): United Kingdom, $1.57B
Self-Propelled Rail Transport are the world's 438th most traded product.
In 2019, the top exporters of Self-Propelled Rail Transport were Spain ($1.64B), Germany ($789M), Poland ($701M), China ($573M), and Austria ($542M).
In 2019, the top importers of Self-Propelled Rail Transport were United Kingdom ($1.57B), Saudi Arabia ($596M), Germany ($349M), Thailand ($286M), and Australia ($278M).
Trade by country
Top Origin Growth (2018 - 2019): Spain, $793M
Top Destination Growth (2018 - 2019): United Kingdom, $754M
Between 2018 and 2019, the exports of Self-Propelled Rail Transport grew the fastest in Spain ($793M), Austria ($438M), Switzerland ($251M), South Korea ($185M), and Italy ($149M).
Between 2018 and 2019, the fastest growing importers of Self-Propelled Rail Transport were United Kingdom ($754M), Thailand ($270M), United Arab Emirates ($254M), India ($147M), and Netherlands ($111M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Self-Propelled Rail Transport.
In 2019, 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.
TOP NET EXPORTER (2019): Spain, $1.64B
TOP NET IMPORTER (2019): United Kingdom, $1.57B
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 2019.
In 2019, the countries that had a largest trade value in exports than in imports of Self-Propelled Rail Transport were Spain ($1.64B), Poland ($611M), China ($573M), Austria ($535M), and Switzerland ($441M).
In 2019, the countries that had a largest trade value in imports than in exports of Self-Propelled Rail Transport were United Kingdom ($1.57B), Saudi Arabia ($596M), Thailand ($286M), Australia ($278M), and United Arab Emirates ($254M).
In 2019, the world most traded Self-Propelled Rail Transport, disaggragated by their HS6 level were Self-propelled railway cars, external electric power ($5.2B) and Self-propelled railway cars except external electric ($1.23B)
In 2018, the average tariff for importing Self-Propelled Rail Transport was 6.77%. The countries with the highest tariffs for importing Self-Propelled Rail Transport were Bahamas (40.2%), Cayman Islands (29.5%), Bermuda (25%), and Nauru (25%).
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.