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2023
Exports $3.51BWorld Rnk 2 / 199
Flag Rnk 51 / 96
2023
Destination $142M Mexico
2022 - 2023
FASTEST GROWING MARKET $142MEgypt
2023
PRODUCT COMPLEXITY IN Railway and trams1.49Rnk 47 / 1025
2023
Imports $3.22BWorld Rnk 2 / 216
Flag Rnk 67 / 96
2023
Origin $220M China
2022 - 2023
FASTEST GROWING ORIGIN $220MCanada
2023
ECONOMIC COMPLEXITY of United States1.5Rnk 10 / 132

About

Exports In 2023, United States exported $3.51B in Railway and trams, making it the 2nd largest exporter of Railway and trams in the world. At the same year, Railway and trams was the 51st most exported product in United States. The main destination of Railway and trams exports from United States are: Mexico ($1.12B), Canada ($984M), Egypt ($184M), Australia ($151M), and Brazil ($81.7M).

The fastest growing export markets for Railway and trams of United States between 2022 and 2023 were Egypt ($142M), Mexico ($90.8M), and Australia ($64.2M).

Imports In 2023, United States imported $3.22B in Railway and trams, becoming the 2nd largest importer of Railway and trams in the world. At the same year, Railway and trams was the 67th most imported product in United States. United States imports Railway and trams primarily from: China ($995M), Canada ($752M), Mexico ($479M), Germany ($174M), and South Korea ($138M).

The fastest growing import markets in Railway and trams for United States between 2022 and 2023 were Canada ($220M), Mexico ($138M), and South Korea ($102M).

COMPANIES In 2023, leading companies such as Siemens (426), Volvo (426), and Sailun Tire (397) were at the forefront of shipping Railway and trams to the United States.

Latest Trends

November 2024

About

Overview In November 2024 United States' Railway and trams exports accounted up to $320M and imports accounted up to $176M, resulting in a positive trade balance of $144M. Between November 2023 and November 2024 the exports of United States'   Railway and trams have increased by $58.3M (22.3%) from $261M to $320M, while imports decreased by $-24M (-12%) from $200M to $176M.

Destinations In November 2024, Railway and trams were exported mostly to Canada ($113M), Mexico ($108M), Australia ($23.1M), Gabon ($8.39M), and Netherlands ($5.89M), and were imported mostly from China ($40.5M), Mexico ($32.3M), Canada ($29.3M), Germany ($10.9M), and Japan ($10.9M).

Growth In November 2024, the increase in Railway and trams's year-by-year exports was explained primarily by an increase in exports to Mexico ($28.2M or 34.9%), Kazakhstan ($7.48M or 498%), and Spain ($7.43M or 96.8k%). In November 2024, the decrease in Railway and trams's year-by-year imports was explained primarily by a decrease in imports from Spain ($-4.57M or -58.7%), Italy ($-3.22M or -74.1%), and Hungary ($-1.1M or -52.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$58.3M(22.3%)
IMPORT GROWTH (November 2023 - November 2024)$-24M(-12%)
MAIN EXPORTER (November 2024)Texas$84.6M
MAIN DESTINATION (November 2024)Canada$113M

This section shows Railway and trams'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 Railway and trams over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$3.51B
IMPORTS (2023)$3.22B
NET TRADE (2023)$293M

In 2023, United States exported $3.51B in Railway and trams. The main destinations of United States exports on Railway and trams were Mexico ($1.12B), Canada ($984M), Egypt ($184M), Australia ($151M), and Brazil ($81.7M).

In 2023, United States imported $3.22B in Railway and trams, mainly from China ($995M), Canada ($752M), Mexico ($479M), Germany ($174M), and South Korea ($138M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Railway and trams EXPORT MARKETS FOR United States WERE (2022 - 2023):
Egypt$142M (341%)
Mexico$90.8M (8.85%)
Australia$64.2M (73.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Railway and trams BY United States WERE (2022 - 2023):
Canada-$95M (-8.8%)
South Korea-$62.3M (-63%)
Chile-$31.8M (-81.3%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United States's main exporting competitors in Railway and trams were:
China $7.21B
Germany $3.42B
In 2023, United States's main importing competitors in Railway and trams were:
Germany $3.95B
United Kingdom $1.67B

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Trade Value of Railway and trams by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $24.2M
TOP IMPORT POTENTIALGermany+ $26.4M

Railway and trams’s highest export potential is China. With an export gap of $24.2M.   Railway and trams’s highest import potential is Germany with an import gap of $26.4M.

See methodology.

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