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Railway locomotive parts nes

860791 (Harmonized System 1992 for 6-digit)

2023
World Trade $1.07BRnk 2034 / 4644
2023
Top Exporter | Top Importer $264M | $132MChina | United States
2023
Product Complexity 0.59Rnk 1509 / 4656
2022 - 2023
Export Growth (CAGR) 13.3%Rnk 500 / 4644
2023
Share of World Trade 0.0047%Rnk 2034 / 4644

About

Overview This page contains the latest trade data of Other Railway locomotive parts. In 2023, Other Railway locomotive parts were the world's 2034th most traded product, with a total trade of $1.07B. Between 2022 and 2023 the exports of Other Railway locomotive parts grew by 13.3%, from $946M to $1.07B. Trade in Other Railway locomotive parts represent 0.0047% of total world trade.

Other Railway locomotive parts are a part of Locomotive Parts.

Exports In 2023 the top exporters of Other Railway locomotive parts  were China ($264M), Germany ($143M), United States ($140M), Poland ($59.2M), and France ($51M).

Imports In 2023 the top importers of Other Railway locomotive parts were United States ($132M), United Kingdom ($100M), Kazakhstan ($82.6M), France ($76.1M), and Germany ($68.2M).

Ranking Other Railway locomotive parts ranks 1509th in the Product Complexity Index (PCI).

Description Railway locomotive parts are used to make the train move. They can be used to help the train turn or move in a straight line.

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Other Railway locomotive parts. 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)China$264M
Top Destination (2023)United States$132M

In 2023 Other Railway locomotive parts were the world's 2034th most traded product (out of 4,644).

In 2023, the top exporters of Other Railway locomotive parts were China ($264M), Germany ($143M), United States ($140M), Poland ($59.2M), and France ($51M).

In 2023, the top importers of Other Railway locomotive parts were United States ($132M), United Kingdom ($100M), Kazakhstan ($82.6M), France ($76.1M), and Germany ($68.2M).

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Exporters of Other Railway locomotive parts (2023)
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Importers of Other Railway locomotive parts (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)India$24M
Top Destination Growth (2022 -  2023)Spain$34.1M

Between 2022 and 2023, the exports of Other Railway locomotive parts grew the fastest in India ($24M), United States ($23.8M), Poland ($23.3M), Germany ($23.2M), and China ($17.3M).

Between 2022 and 2023, the fastest growing importers of Other Railway locomotive parts were Spain ($34.1M), Sweden ($20.7M), Germany ($18.8M), Poland ($15.9M), and South Korea ($13M).

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Exporters of Other Railway locomotive parts (2022 - 2023)

Importers of Other Railway locomotive parts (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Other Railway locomotive parts.

In 2023, market concentration measured using Shannon Entropy, was 4.01. This means that most of the exports of Other Railway locomotive parts are explained by 16 countries.

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Value of Exports in Other Railway locomotive parts

Net Trade

TOP NET EXPORTER (2023)China$234M
TOP NET IMPORTER (2023)United Kingdom$88.7M

This map shows which countries export or import more of Other Railway locomotive parts. Each country is colored based on the difference in exports and imports of Other Railway locomotive parts during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Other Railway locomotive parts were China ($234M), Germany ($74.9M), Mexico ($25M), Poland ($24.4M), and Czechia ($20.9M).

In 2023, the countries that had a largest trade value in imports than in exports of Other Railway locomotive parts were United Kingdom ($88.7M), Kazakhstan ($82.4M), Spain ($37.3M), Saudi Arabia ($35.9M), and Denmark ($32.2M).

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 Other Railway locomotive parts.
It is possible to select the main countries that export or import Other Railway locomotive parts in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Other Railway locomotive parts 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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