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Railway maintenance-of-way service vehicles

860400 (Harmonized System 1992 for 6-digit)

2023
World Trade $1.24BRnk 1877 / 4644
2023
Top Exporter | Top Importer $277M | $89.2MAustria | Canada
2023
Product Complexity 0.32Rnk 1989 / 4656
2022 - 2023
Export Growth (CAGR) 20.3%Rnk 286 / 4644
2023
Share of World Trade 0.0055%Rnk 1877 / 4644

About

Overview This page contains the latest trade data of Maintenance-of-way service vehicles. In 2023, Maintenance-of-way service vehicles were the world's 1877th most traded product, with a total trade of $1.24B. Between 2022 and 2023 the exports of Maintenance-of-way service vehicles grew by 20.3%, from $1.03B to $1.24B. Trade in Maintenance-of-way service vehicles represent 0.0055% of total world trade.

Maintenance-of-way service vehicles are a part of Railway Maintenance Vehicles.

Exports In 2023 the top exporters of Maintenance-of-way service vehicles  were Austria ($277M), United States ($246M), Italy ($97.8M), Germany ($95.3M), and Switzerland ($89.8M).

Imports In 2023 the top importers of Maintenance-of-way service vehicles were Canada ($89.2M), Bulgaria ($86.5M), South Korea ($68.2M), Brazil ($62M), and Australia ($55.2M).

Ranking Maintenance-of-way service vehicles ranks 1989th in the Product Complexity Index (PCI).

Description Common railway maintenance-of-way service vehicles include track inspection vehicles, track maintenance vehicles, track welding vehicles, track work service vehicles, etc. These vehicles help to inspect, maintain, and repair the railway tracks.

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Maintenance-of-way service vehicles. 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$277M
Top Destination (2023)Canada$89.2M

In 2023 Maintenance-of-way service vehicles were the world's 1877th most traded product (out of 4,644).

In 2023, the top exporters of Maintenance-of-way service vehicles were Austria ($277M), United States ($246M), Italy ($97.8M), Germany ($95.3M), and Switzerland ($89.8M).

In 2023, the top importers of Maintenance-of-way service vehicles were Canada ($89.2M), Bulgaria ($86.5M), South Korea ($68.2M), Brazil ($62M), and Australia ($55.2M).

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Exporters of Maintenance-of-way service vehicles (2023)
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Importers of Maintenance-of-way service vehicles (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Czechia$80.4M
Top Destination Growth (2022 -  2023)Bulgaria$85.9M

Between 2022 and 2023, the exports of Maintenance-of-way service vehicles grew the fastest in Czechia ($80.4M), United States ($78.8M), Switzerland ($57.1M), Sweden ($18.8M), and South Korea ($14.5M).

Between 2022 and 2023, the fastest growing importers of Maintenance-of-way service vehicles were Bulgaria ($85.9M), Australia ($45M), Norway ($39.4M), Czechia ($39.3M), and Poland ($36.1M).

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Exporters of Maintenance-of-way service vehicles (2022 - 2023)

Importers of Maintenance-of-way service vehicles (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Maintenance-of-way service vehicles.

In 2023, market concentration measured using Shannon Entropy, was 3.73. This means that most of the exports of Maintenance-of-way service vehicles are explained by 13 countries.

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Value of Exports in Maintenance-of-way service vehicles

Net Trade

TOP NET EXPORTER (2023)Austria$231M
TOP NET IMPORTER (2023)Bulgaria$86.4M

This map shows which countries export or import more of Maintenance-of-way service vehicles. Each country is colored based on the difference in exports and imports of Maintenance-of-way service vehicles during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Maintenance-of-way service vehicles were Austria ($231M), United States ($210M), China ($76.3M), Switzerland ($73.3M), and Germany ($68.2M).

In 2023, the countries that had a largest trade value in imports than in exports of Maintenance-of-way service vehicles were Bulgaria ($86.4M), Brazil ($61.8M), Canada ($59.2M), South Korea ($47.5M), and Australia ($44.7M).

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 Maintenance-of-way service vehicles.
It is possible to select the main countries that export or import Maintenance-of-way service vehicles in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Maintenance-of-way service vehicles 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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