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Railway & tramway driving bogies & bissel-bogies

860711 (Harmonized System 1992 for 6-digit)

2023
World Trade $742MRnk 2442 / 4644
2023
Top Exporter | Top Importer $267M | $248MAustria | Germany
2023
Product Complexity 1.29Rnk 341 / 4656
2022 - 2023
Export Growth (CAGR) -0.65%Rnk 1614 / 4644
2023
Share of World Trade 0.0033%Rnk 2442 / 4644

About

Overview This page contains the latest trade data of Driving bogies & Bissel-bogies. In 2023, Driving bogies & Bissel-bogies were the world's 2442nd most traded product, with a total trade of $742M. Between 2022 and 2023 the exports of Driving bogies & Bissel-bogies decreased by -0.65%, from $747M to $742M. Trade in Driving bogies & Bissel-bogies represent 0.0033% of total world trade.

Driving bogies & Bissel-bogies are a part of Locomotive Parts.

Exports In 2023 the top exporters of Driving bogies & Bissel-bogies  were Austria ($267M), Germany ($163M), China ($89.8M), Switzerland ($74.1M), and Italy ($31.5M).

Imports In 2023 the top importers of Driving bogies & Bissel-bogies were Germany ($248M), United Kingdom ($188M), United States ($41.4M), Poland ($35.6M), and Italy ($33.4M).

Ranking Driving bogies & Bissel-bogies ranks 341st in the Product Complexity Index (PCI).

Description Railway bogies are used to support the weight of the locomotive and to distribute loads. Tramway bogies are used to support the weight of the tram and to distribute loads.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Driving bogies & Bissel-bogies. 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)Austria$267M
Top Destination (2023)Germany$248M

In 2023 Driving bogies & Bissel-bogies were the world's 2442nd most traded product (out of 4,644).

In 2023, the top exporters of Driving bogies & Bissel-bogies were Austria ($267M), Germany ($163M), China ($89.8M), Switzerland ($74.1M), and Italy ($31.5M).

In 2023, the top importers of Driving bogies & Bissel-bogies were Germany ($248M), United Kingdom ($188M), United States ($41.4M), Poland ($35.6M), and Italy ($33.4M).

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Exporters of Driving bogies & Bissel-bogies (2023)
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Importers of Driving bogies & Bissel-bogies (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$38.6M
Top Destination Growth (2022 -  2023)United Kingdom$35.2M

Between 2022 and 2023, the exports of Driving bogies & Bissel-bogies grew the fastest in China ($38.6M), Germany ($25.6M), France ($10.4M), India ($9.04M), and United States ($7.42M).

Between 2022 and 2023, the fastest growing importers of Driving bogies & Bissel-bogies were United Kingdom ($35.2M), Italy ($28M), Mexico ($13.9M), Romania ($8.52M), and Kazakhstan ($5.36M).

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Exporters of Driving bogies & Bissel-bogies (2022 - 2023)

Importers of Driving bogies & Bissel-bogies (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Driving bogies & Bissel-bogies.

In 2023, market concentration measured using Shannon Entropy, was 2.92. This means that most of the exports of Driving bogies & Bissel-bogies are explained by 7 countries.

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Value of Exports in Driving bogies & Bissel-bogies

Net Trade

TOP NET EXPORTER (2023)Austria$244M
TOP NET IMPORTER (2023)United Kingdom$185M

This map shows which countries export or import more of Driving bogies & Bissel-bogies. Each country is colored based on the difference in exports and imports of Driving bogies & Bissel-bogies during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Driving bogies & Bissel-bogies were Austria ($244M), China ($83.8M), Switzerland ($60.1M), France ($18.5M), and Japan ($8.66M).

In 2023, the countries that had a largest trade value in imports than in exports of Driving bogies & Bissel-bogies were United Kingdom ($185M), Germany ($84.3M), Poland ($30.5M), United States ($27.6M), and Serbia ($20.2M).

Net Trade (2023)

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Driving bogies & Bissel-bogies 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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