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Coupling devices, parts for railway rolling stock

860730 (Harmonized System 1992 for 6-digit)

2023
World Trade $879MRnk 2257 / 4644
2023
Top Exporter | Top Importer $222M | $184MUnited States | Mexico
2023
Product Complexity 0.82Rnk 1085 / 4656
2022 - 2023
Export Growth (CAGR) -0.055%Rnk 1559 / 4644
2023
Share of World Trade 0.0039%Rnk 2257 / 4644

About

Overview This page contains the latest trade data of Coupling devices. In 2023, Coupling devices were the world's 2257th most traded product, with a total trade of $879M. Between 2022 and 2023 the exports of Coupling devices decreased by -0.055%, from $880M to $879M. Trade in Coupling devices represent 0.0039% of total world trade.

Coupling devices are a part of Locomotive Parts.

Exports In 2023 the top exporters of Coupling devices  were United States ($222M), China ($151M), Germany ($127M), Poland ($91.3M), and Czechia ($57M).

Imports In 2023 the top importers of Coupling devices were Mexico ($184M), United States ($90.2M), Poland ($55M), Canada ($50.5M), and Australia ($46.3M).

Ranking Coupling devices ranks 1085th 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 (2023)United States$222M
Top Destination (2023)Mexico$184M

In 2023 Coupling devices were the world's 2257th most traded product (out of 4,644).

In 2023, the top exporters of Coupling devices were United States ($222M), China ($151M), Germany ($127M), Poland ($91.3M), and Czechia ($57M).

In 2023, the top importers of Coupling devices were Mexico ($184M), United States ($90.2M), Poland ($55M), Canada ($50.5M), and Australia ($46.3M).

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Exporters of Coupling devices (2023)
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Importers of Coupling devices (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United States$26.9M
Top Destination Growth (2022 -  2023)Mexico$19.9M

Between 2022 and 2023, the exports of Coupling devices grew the fastest in United States ($26.9M), Czechia ($15.6M), Poland ($10.9M), United Kingdom ($5.27M), and Romania ($4.95M).

Between 2022 and 2023, the fastest growing importers of Coupling devices were Mexico ($19.9M), Poland ($11.5M), Italy ($6.88M), Sweden ($6.34M), and Austria ($5.99M).

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Exporters of Coupling devices (2022 - 2023)

Importers of Coupling devices (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 3.56. 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 (2023)United States$132M
TOP NET IMPORTER (2023)Mexico$143M

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 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Coupling devices were United States ($132M), China ($123M), Germany ($88.6M), Czechia ($37.3M), and Poland ($36.3M).

In 2023, the countries that had a largest trade value in imports than in exports of Coupling devices were Mexico ($143M), Canada ($46.5M), Australia ($44.1M), Slovakia ($26.8M), and France ($18.2M).

Net Trade (2023)

Country Comparison

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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 (2023)

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