2022
Exports
$416MWorld Rnk 19 / 194
Flag Rnk 71 / 96
2022
PRODUCT COMPLEXITY IN Railway and trams
1.48Rnk 58 / 1025
2022
Imports
$609MWorld Rnk 18 / 217
Flag Rnk 58 / 96
2022
ECONOMIC COMPLEXITY of India
0.64Rnk 40 / 133

About

Exports In 2022, India exported $416M in Railway and trams, making it the 19th largest exporter of Railway and trams in the world. At the same year, Railway and trams was the 71st most exported product in India. The main destination of Railway and trams exports from India are: Australia ($131M), Canada ($57M), Mozambique ($55.7M), United States ($42.2M), and Sri Lanka ($22.8M).

The fastest growing export markets for Railway and trams of India between 2021 and 2022 were Australia ($65.8M), United States ($21.5M), and Mozambique ($11.4M).

Imports In 2022, India imported $609M in Railway and trams, becoming the 18th largest importer of Railway and trams in the world. At the same year, Railway and trams was the 58th most imported product in India. India imports Railway and trams primarily from: China ($233M), United States ($65.7M), Germany ($59.8M), Austria ($56M), and Czechia ($39.6M).

The fastest growing import markets in Railway and trams for India between 2021 and 2022 were China ($31.3M), Czechia ($13.2M), and Italy ($10.4M).

COMPANIES In 2023, leading companies such as Team Hardinger (52), J.C. Bamford (14), and ZF Friedrichshafen (5) were at the forefront of shipping Railway and trams from India to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Railway and trams. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$416M
IMPORTS (2022)$609M
NET TRADE (2022)-$192M

In 2022, India exported $416M in Railway and trams. The main destinations of India exports on Railway and trams were Australia ($131M), Canada ($57M), Mozambique ($55.7M), United States ($42.2M), and Sri Lanka ($22.8M).

In 2022, India imported $609M in Railway and trams, mainly from China ($233M), United States ($65.7M), Germany ($59.8M), Austria ($56M), and Czechia ($39.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Railway and trams EXPORT MARKETS FOR India WERE (2021 - 2022):
Australia$65.8M (100%)
United States$21.5M (104%)
Mozambique$11.4M (25.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Railway and trams BY India WERE (2021 - 2022):
Sri Lanka-$67.5M (-74.7%)
Canada-$32.4M (-36.3%)
Burma-$27.5M (-98%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, India's main exporting competitors in Railway and trams were:
In 2022, India's main importing competitors in Railway and trams were:

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Trade Value of Railway and trams by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $22.7M
TOP IMPORT POTENTIALChina+ $128M

Railway and trams’s highest export potential is United States. With an export gap of $22.7M.   Railway and trams’s highest import potential is China with an import gap of $128M.

See methodology.

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