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2022
Exports $413MWorld Rnk 2 / 189
Flag Rnk 431 / 1217
2022
Destination $8.88M Canada
2021 - 2022
FASTEST GROWING MARKET $8.88MFrance
2022
PRODUCT COMPLEXITY IN Railway Cargo Containers-0.92Rnk 817 / 1025
2022
Imports $2.3BWorld Rnk 1 / 215
Flag Rnk 222 / 1216
2022
Origin $1.18B China
2021 - 2022
FASTEST GROWING ORIGIN $1.18BChina
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $413M in Railway Cargo Containers, making it the 2nd largest exporter of Railway Cargo Containers in the world. At the same year, Railway Cargo Containers was the 431st most exported product in United States. The main destination of Railway Cargo Containers exports from United States are: Canada ($65.4M), South Korea ($54.7M), Singapore ($32.2M), Japan ($28.1M), and Germany ($20.6M).

The fastest growing export markets for Railway Cargo Containers of United States between 2021 and 2022 were France ($8.88M), South Korea ($7.9M), and Chinese Taipei ($4.99M).

Imports In 2022, United States imported $2.3B in Railway Cargo Containers, becoming the 1st largest importer of Railway Cargo Containers in the world. At the same year, Railway Cargo Containers was the 222nd most imported product in United States. United States imports Railway Cargo Containers primarily from: China ($1.99B), France ($61.7M), Canada ($43.1M), Germany ($27.4M), and Netherlands ($27.4M).

The fastest growing import markets in Railway Cargo Containers for United States between 2021 and 2022 were China ($1.18B), Canada ($20.7M), and France ($15.3M).

COMPANIES In 2023, leading companies such as Trumpf (9), GE RENEWABLES NORTH AMERICA LLC (4), and Konecranes (3) were at the forefront of shipping Railway Cargo Containers to the United States.

Latest Trends

August 2024

About

Overview In August 2024 United States' Railway Cargo Containers exports accounted up to $55.6M and imports accounted up to $86.9M, resulting in a negative trade balance of $31.3M. Between August 2023 and August 2024 the exports of United States'   Railway Cargo Containers have increased by $21.6M (63.5%) from $34M to $55.6M, while imports decreased by $-4.06M (-4.46%) from $90.9M to $86.9M.

Destinations In August 2024, Railway Cargo Containers were exported mostly to Germany ($8.7M), Canada ($8.5M), Mexico ($4.96M), China ($4.45M), and Singapore ($3M), and were imported mostly from China ($56.7M), Germany ($4.86M), Netherlands ($4.48M), France ($2.13M), and South Africa ($2.12M).

Growth In August 2024, the increase in Railway Cargo Containers's year-by-year exports was explained primarily by an increase in exports to Mexico ($5.74M or 506%), Germany ($4.3M or 147%), and India ($3.48M or 92.8k%). In August 2024, the decrease in Railway Cargo Containers's year-by-year imports was explained primarily by a decrease in imports from Netherlands ($-517k or -12.9%), Italy ($-131k or -97%), and Germany ($-111k or -3.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$21.6M(63.5%)
IMPORT GROWTH (August 2023 - August 2024)$-4.06M(-4.46%)
MAIN EXPORTER (August 2024)Texas$16.8M
MAIN DESTINATION (August 2024)Germany$8.7M

This section shows Railway Cargo Containers'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 Cargo Containers over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$413M
IMPORTS (2022)$2.3B
NET TRADE (2022)-$1.89B

In 2022, United States exported $413M in Railway Cargo Containers. The main destinations of United States exports on Railway Cargo Containers were Canada ($65.4M), South Korea ($54.7M), Singapore ($32.2M), Japan ($28.1M), and Germany ($20.6M).

In 2022, United States imported $2.3B in Railway Cargo Containers, mainly from China ($1.99B), France ($61.7M), Canada ($43.1M), Germany ($27.4M), and Netherlands ($27.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Railway Cargo Containers EXPORT MARKETS FOR United States WERE (2021 - 2022):
France$8.88M (89.4%)
South Korea$7.9M (16.9%)
Chinese Taipei$4.99M (183%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Railway Cargo Containers BY United States WERE (2021 - 2022):
China-$12.6M (-71.3%)
Sweden-$10.5M (-66.1%)
Russia-$10.3M (-99.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Railway Cargo Containers were:
China $5.8B
Poland $287M
In 2022, United States's main importing competitors in Railway Cargo Containers were:
Russia $606M
Netherlands $544M

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Trade Value of Railway Cargo Containers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $7.31M
TOP IMPORT POTENTIALCanada+ $20.9M

Railway Cargo Containers’s highest export potential is Canada. With an export gap of $7.31M.   Railway Cargo Containers’s highest import potential is Canada with an import gap of $20.9M.

See methodology.

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