2022
Exports
$334MWorld Rnk 3 / 126
Flag Rnk 471 / 1217
2022
PRODUCT COMPLEXITY IN Iron Railway Products
0.37Rnk 418 / 1025
2022
Imports
$216MWorld Rnk 3 / 203
Flag Rnk 738 / 1216
2022
ECONOMIC COMPLEXITY of United States
1.47Rnk 10 / 133

About

Exports In 2022, United States exported $334M in Iron Railway Products, making it the 3rd largest exporter of Iron Railway Products in the world. At the same year, Iron Railway Products was the 471st most exported product in United States. The main destination of Iron Railway Products exports from United States are: Canada ($214M), Mexico ($84.8M), Brazil ($8.36M), Colombia ($8.35M), and Peru ($2.17M).

The fastest growing export markets for Iron Railway Products of United States between 2021 and 2022 were Canada ($46.1M), Colombia ($7.94M), and Brazil ($7.88M).

Imports In 2022, United States imported $216M in Iron Railway Products, becoming the 3rd largest importer of Iron Railway Products in the world. At the same year, Iron Railway Products was the 738th most imported product in United States. United States imports Iron Railway Products primarily from: Japan ($78.5M), China ($41.8M), India ($23.9M), Czechia ($22.5M), and Canada ($21.4M).

The fastest growing import markets in Iron Railway Products for United States between 2021 and 2022 were Japan ($47.7M), China ($16.9M), and Czechia ($13.2M).

COMPANIES In 2023, leading companies such as Cloud Network Technology (125), HP Inc (42), and CrimsonLogic (36) were at the forefront of shipping Iron Railway Products to the United States.

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$-5.69M(-16.5%)
IMPORT GROWTH (June 2023 - June 2024)$-5.79M(-32.7%)
MAIN EXPORTER (June 2024)Colorado$11M
MAIN DESTINATION (June 2024)Canada$16.6M

This section shows Iron Railway Products's exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Iron Railway Products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$334M
IMPORTS (2022)$216M
NET TRADE (2022)$118M

In 2022, United States exported $334M in Iron Railway Products. The main destinations of United States exports on Iron Railway Products were Canada ($214M), Mexico ($84.8M), Brazil ($8.36M), Colombia ($8.35M), and Peru ($2.17M).

In 2022, United States imported $216M in Iron Railway Products, mainly from Japan ($78.5M), China ($41.8M), India ($23.9M), Czechia ($22.5M), and Canada ($21.4M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Railway Products EXPORT MARKETS FOR United States WERE (2021 - 2022):
Canada$46.1M (27.4%)
Colombia$7.94M (1.93k%)
Brazil$7.88M (1.64k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Railway Products BY United States WERE (2021 - 2022):
South Africa-$1.66M (-99.3%)
Chinese Taipei-$1.19M (-97.4%)
Saudi Arabia-$915k (-98.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Iron Railway Products were:
In 2022, United States's main importing competitors in Iron Railway Products were:

Explore Visualizations

Trade Value of Iron Railway Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALAustralia+ $1.29M
TOP IMPORT POTENTIALChina+ $9.06M

Iron Railway Products’s highest export potential is Australia. With an export gap of $1.29M.   Iron Railway Products’s highest import potential is China with an import gap of $9.06M.

See methodology.

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