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Coupling devices, parts for railway rolling stock

860730 (Harmonized System 1992 for 6-digit)

2022
World Trade $874MRnk 2352 / 4648
2022
Top Exporter | Top Importer $203M | $153MUnited States | Mexico
2022
Product Complexity 0.78Rnk 1140 / 4653
2021 - 2022
Export Growth (CAGR) 10.6%Rnk 1542 / 4648
2022
Share of World Trade 0.0037%Rnk 2352 / 4648

About

Overview This page contains the latest trade data of Coupling devices. In 2022, Coupling devices were the world's 2352nd most traded product, with a total trade of $874M. Between 2021 and 2022 the exports of Coupling devices grew by 10.6%, from $790M to $874M. Trade in Coupling devices represent 0.0037% of total world trade.

Coupling devices are a part of Locomotive Parts.

Exports In 2022 the top exporters of Coupling devices  were United States ($203M), China ($179M), Germany ($127M), Poland ($98.7M), and Czechia ($43.2M).

Imports In 2022 the top importers of Coupling devices were Mexico ($153M), United States ($98.7M), Canada ($65.5M), Australia ($50.4M), and United Kingdom ($44.8M).

Ranking Coupling devices ranks 1140th in the Product Complexity Index (PCI).

Description Coupling devices are used to connect rail cars together. They are typically hooks that fit into links on the cars. Parts for railway rolling stock include couplings, bearings, and wheels.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Coupling devices. 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 (2022)United States$203M
Top Destination (2022)Mexico$153M

In 2022 Coupling devices were the world's 2352nd most traded product (out of 4,648).

In 2022, the top exporters of Coupling devices were United States ($203M), China ($179M), Germany ($127M), Poland ($98.7M), and Czechia ($43.2M).

In 2022, the top importers of Coupling devices were Mexico ($153M), United States ($98.7M), Canada ($65.5M), Australia ($50.4M), and United Kingdom ($44.8M).

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Exporters of Coupling devices (2022)
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Importers of Coupling devices (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)United States$96.2M
Top Destination Growth (2021 -  2022)Mexico$86.5M

Between 2021 and 2022, the exports of Coupling devices grew the fastest in United States ($96.2M), China ($18.7M), Mexico ($15.9M), Spain ($7.14M), and Vietnam ($4.58M).

Between 2021 and 2022, the fastest growing importers of Coupling devices were Mexico ($86.5M), United Kingdom ($16.9M), Canada ($16.3M), United States ($13M), and Australia ($10.3M).

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Exporters of Coupling devices (2021 - 2022)

Importers of Coupling devices (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Coupling devices.

In 2022, market concentration measured using Shannon Entropy, was 3.48. This means that most of the exports of Coupling devices are explained by 11 countries.

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Value of Exports in Coupling devices

Net Trade

TOP NET EXPORTER (2022)China$146M
TOP NET IMPORTER (2022)Mexico$110M

This map shows which countries export or import more of Coupling devices. Each country is colored based on the difference in exports and imports of Coupling devices during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Coupling devices were China ($146M), United States ($105M), Germany ($89.7M), Poland ($60M), and Sweden ($21.2M).

In 2022, the countries that had a largest trade value in imports than in exports of Coupling devices were Mexico ($110M), Canada ($61.3M), Australia ($48.9M), United Kingdom ($24M), and France ($17.9M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Coupling devices.
It is possible to select the main countries that export or import Coupling devices in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Coupling devices 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 (2022)

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