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Pricing

2023
Exports $3.36MWorld Rnk 23 / 59
Flag Rnk 992 / 1216
2023
Destination $1.59M Saudi Arabia
2022 - 2023
FASTEST GROWING MARKET $1.59MSaudi Arabia
2023
PRODUCT COMPLEXITY IN Railway Passenger Cars0.3Rnk 456 / 1025
2023
Imports $51.1MWorld Rnk 8 / 100
Flag Rnk 733 / 1214
2023
Origin $31.7M Switzerland
2022 - 2023
FASTEST GROWING ORIGIN $31.7MSwitzerland
2023
ECONOMIC COMPLEXITY of United Kingdom1.5Rnk 11 / 132

About

Exports In 2023, United Kingdom exported $3.36M in Railway Passenger Cars, making it the 23rd largest exporter of Railway Passenger Cars in the world. At the same year, Railway Passenger Cars was the 992nd most exported product in United Kingdom. The main destination of Railway Passenger Cars exports from United Kingdom are: Saudi Arabia ($1.59M), Nigeria ($1M), Mexico ($731k), Hungary ($25.4k), and Germany ($9.49k).

The fastest growing export markets for Railway Passenger Cars of United Kingdom between 2022 and 2023 were Saudi Arabia ($1.59M), Nigeria ($1M), and Mexico ($731k).

Imports In 2023, United Kingdom imported $51.1M in Railway Passenger Cars, becoming the 8th largest importer of Railway Passenger Cars in the world. At the same year, Railway Passenger Cars was the 733rd most imported product in United Kingdom. United Kingdom imports Railway Passenger Cars primarily from: Switzerland ($38.1M), Spain ($9.13M), Italy ($3.53M), Austria ($167k), and Germany ($128k).

The fastest growing import markets in Railway Passenger Cars for United Kingdom between 2022 and 2023 were Switzerland ($31.7M), Spain ($9.13M), and Italy ($3.53M).

Latest Trends

November 2024

About

Overview In November 2024 United Kingdom's Railway Passenger Cars exports accounted up to £1.8k and imports accounted up to £3.16k, resulting in a negative trade balance of £1.35k. Between December 2022 and November 2024 the exports of United Kingdom's   Railway Passenger Cars have decreased by £-28.1k (-94%) from £29.9k to £1.8k, while imports decreased by £-4.28M (-99.9%) from £4.28M to £3.16k.

Destinations In November 2024, Railway Passenger Cars were exported mostly to Slovakia (£1.8k), and were imported mostly from .

Growth In November 2024, the decrease in Railway Passenger Cars's year-by-year exports was explained primarily by a decrease in exports to . In October 2024, the decrease in Railway Passenger Cars's year-by-year imports was explained primarily by a decrease in imports from Germany (£-58.6k or -81.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2022 - November 2024)£-28.1k(-94%)
IMPORT GROWTH (April 2023 - October 2024)£-4.28M(-99.9%)
MAIN EXPORTER (November 2024)Great Yarmouth£1.39M
MAIN DESTINATION (November 2024)Slovakia£1.8k

This section shows Railway Passenger Cars's exports and imports data at subnational level for United Kingdom. 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 Passenger Cars over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$3.36M
IMPORTS (2023)$51.1M
NET TRADE (2023)-$47.8M

In 2023, United Kingdom exported $3.36M in Railway Passenger Cars. The main destinations of United Kingdom exports on Railway Passenger Cars were Saudi Arabia ($1.59M), Nigeria ($1M), Mexico ($731k), Hungary ($25.4k), and Germany ($9.49k).

In 2023, United Kingdom imported $51.1M in Railway Passenger Cars, mainly from Switzerland ($38.1M), Spain ($9.13M), Italy ($3.53M), Austria ($167k), and Germany ($128k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Railway Passenger Cars EXPORT MARKETS FOR United Kingdom WERE (2022 - 2023):
Saudi Arabia$1.59M (1%)
Nigeria$1M (1%)
Mexico$731k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Railway Passenger Cars BY United Kingdom WERE (2022 - 2023):
Italy-$754k (-100%)
Hong Kong-$60.5k (-100%)
Germany-$17.9k (-65.3%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United Kingdom's main exporting competitors in Railway Passenger Cars were:
Japan $261M
Hungary $206M
China $175M
In 2023, United Kingdom's main importing competitors in Railway Passenger Cars were:
Chinese Taipei $260M
United States $242M
Canada $167M

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Trade Value of Railway Passenger Cars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $50.3k
TOP IMPORT POTENTIALGermany+ $635k

Railway Passenger Cars’s highest export potential is Germany. With an export gap of $50.3k.   Railway Passenger Cars’s highest import potential is Germany with an import gap of $635k.

See methodology.

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