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860721 (Harmonized System 1992 for 6-digit)

2023
World Trade $1.39BRnk 1767 / 4644
2023
Top Exporter | Top Importer $300M | $166MGermany | Germany
2023
Product Complexity 0.96Rnk 824 / 4656
2022 - 2023
Export Growth (CAGR) 2.13%Rnk 1321 / 4644
2023
Share of World Trade 0.0061%Rnk 1767 / 4644

About

Overview This page contains the latest trade data of Air brakes, parts for railway rolling stock. In 2023, Air brakes, parts for railway rolling stock were the world's 1767th most traded product, with a total trade of $1.39B. Between 2022 and 2023 the exports of Air brakes, parts for railway rolling stock grew by 2.13%, from $1.36B to $1.39B. Trade in Air brakes, parts for railway rolling stock represent 0.0061% of total world trade.

Air brakes, parts for railway rolling stock are a part of Locomotive Parts.

Exports In 2023 the top exporters of Air brakes, parts for railway rolling stock  were Germany ($300M), Hungary ($263M), United States ($110M), Italy ($106M), and Spain ($100M).

Imports In 2023 the top importers of Air brakes, parts for railway rolling stock were Germany ($166M), Italy ($119M), China ($109M), Hungary ($72.1M), and Slovakia ($69.9M).

Ranking Air brakes, parts for railway rolling stock ranks 824th in the Product Complexity Index (PCI).

Description The common use of air brakes are to activate the brakes on the rolling stock. The parts of the rolling stock are the coupler, the brake hoses, the brake cylinder, the brake shoe, the brake lining, the brake bolster, and the brake rigging.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Air brakes, parts for railway rolling stock. Countries are shown based on data availability.

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

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)Germany$300M
Top Destination (2023)Germany$166M

In 2023 Air brakes, parts for railway rolling stock were the world's 1767th most traded product (out of 4,644).

In 2023, the top exporters of Air brakes, parts for railway rolling stock were Germany ($300M), Hungary ($263M), United States ($110M), Italy ($106M), and Spain ($100M).

In 2023, the top importers of Air brakes, parts for railway rolling stock were Germany ($166M), Italy ($119M), China ($109M), Hungary ($72.1M), and Slovakia ($69.9M).

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Exporters of Air brakes, parts for railway rolling stock (2023)
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Importers of Air brakes, parts for railway rolling stock (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Hungary$45.4M
Top Destination Growth (2022 -  2023)Turkey$31M

Between 2022 and 2023, the exports of Air brakes, parts for railway rolling stock grew the fastest in Hungary ($45.4M), Italy ($16.4M), Spain ($9.84M), France ($7.81M), and Sweden ($6.95M).

Between 2022 and 2023, the fastest growing importers of Air brakes, parts for railway rolling stock were Turkey ($31M), Italy ($21.9M), Croatia ($15.8M), Slovakia ($14.4M), and Japan ($7.94M).

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Exporters of Air brakes, parts for railway rolling stock (2022 - 2023)

Importers of Air brakes, parts for railway rolling stock (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Air brakes, parts for railway rolling stock.

In 2023, market concentration measured using Shannon Entropy, was 3.88. This means that most of the exports of Air brakes, parts for railway rolling stock are explained by 14 countries.

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Value of Exports in Air brakes, parts for railway rolling stock

Net Trade

TOP NET EXPORTER (2023)Hungary$191M
TOP NET IMPORTER (2023)Slovakia$56.4M

This map shows which countries export or import more of Air brakes, parts for railway rolling stock. Each country is colored based on the difference in exports and imports of Air brakes, parts for railway rolling stock during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Air brakes, parts for railway rolling stock were Hungary ($191M), Germany ($134M), Spain ($71.1M), United States ($53.4M), and North Macedonia ($22.9M).

In 2023, the countries that had a largest trade value in imports than in exports of Air brakes, parts for railway rolling stock were Slovakia ($56.4M), China ($54.3M), India ($45.3M), Switzerland ($35.9M), and Mexico ($29.7M).

Net Trade (2023)

Country Comparison

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This visualization shows the countries that have an important ratio of their trade related to Air brakes, parts for railway rolling stock.
It is possible to select the main countries that export or import Air brakes, parts for railway rolling stock in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Air brakes, parts for railway rolling stock by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2023)

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