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860120 (Harmonized System 1992 for 6-digit)

2022
World Trade $55.4MRnk 4328 / 4648
2022
Top Exporter | Top Importer $18.6M | $12.7MChina | Singapore
2022
Product Complexity 0.2Rnk 2196 / 4653
2021 - 2022
Export Growth (CAGR) -63.8%Rnk 4565 / 4648
2022
Share of World Trade 0.00023%Rnk 4328 / 4648

About

Overview This page contains the latest trade data of Rail locomotives powered by electric accumulators. In 2022, Rail locomotives powered by electric accumulators were the world's 4328th most traded product, with a total trade of $55.4M. Between 2021 and 2022 the exports of Rail locomotives powered by electric accumulators decreased by -63.8%, from $153M to $55.4M. Trade in Rail locomotives powered by electric accumulators represent 0.00023% of total world trade.

Rail locomotives powered by electric accumulators are a part of Electric Locomotives.

Exports In 2022 the top exporters of Rail locomotives powered by electric accumulators  were China ($18.6M), Spain ($16.9M), Germany ($4.75M), United Kingdom ($3.51M), and Brazil ($2.89M).

Imports In 2022 the top importers of Rail locomotives powered by electric accumulators were Singapore ($12.7M), United States ($8.25M), Belgium ($6.52M), India ($4M), and Thailand ($3.93M).

Ranking Rail locomotives powered by electric accumulators ranks 2196th in the Product Complexity Index (PCI).

Description An electric accumulator-powered rail locomotive is a railway locomotive that uses the electric energy stored in accumulators to provide traction power. An accumulator-powered locomotive is a cleaner alternative to a diesel locomotive because it does not directly burn fossil fuels, such as diesel fuel or coal, to produce tractive power. It also tends to be quieter than a diesel locomotive. An electric accumulator-powered rail locomotive is a railway locomotive that uses the electric energy stored in accumulators to provide traction power. An accumulator-powered locomotive is a cleaner

Latest Trends

Latest Data

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The following visualization shows the latest trends on Rail locomotives powered by electric accumulators. 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)China$18.6M
Top Destination (2022)Singapore$12.7M

In 2022 Rail locomotives powered by electric accumulators were the world's 4328th most traded product (out of 4,648).

In 2022, the top exporters of Rail locomotives powered by electric accumulators were China ($18.6M), Spain ($16.9M), Germany ($4.75M), United Kingdom ($3.51M), and Brazil ($2.89M).

In 2022, the top importers of Rail locomotives powered by electric accumulators were Singapore ($12.7M), United States ($8.25M), Belgium ($6.52M), India ($4M), and Thailand ($3.93M).

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Exporters of Rail locomotives powered by electric accumulators (2022)
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Importers of Rail locomotives powered by electric accumulators (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$10.3M
Top Destination Growth (2021 -  2022)Belgium$6.47M

Between 2021 and 2022, the exports of Rail locomotives powered by electric accumulators grew the fastest in China ($10.3M), Brazil ($2.89M), Belgium ($1.53M), Italy ($852k), and Australia ($361k).

Between 2021 and 2022, the fastest growing importers of Rail locomotives powered by electric accumulators were Belgium ($6.47M), United States ($6.02M), Brazil ($3.82M), Thailand ($3.7M), and India ($3.35M).

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Exporters of Rail locomotives powered by electric accumulators (2021 - 2022)

Importers of Rail locomotives powered by electric accumulators (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Rail locomotives powered by electric accumulators.

In 2022, market concentration measured using Shannon Entropy, was 2.79. This means that most of the exports of Rail locomotives powered by electric accumulators are explained by 6 countries.

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Value of Exports in Rail locomotives powered by electric accumulators

Net Trade

TOP NET EXPORTER (2022)China$18.2M
TOP NET IMPORTER (2022)Singapore$12.6M

This map shows which countries export or import more of Rail locomotives powered by electric accumulators. Each country is colored based on the difference in exports and imports of Rail locomotives powered by electric accumulators during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Rail locomotives powered by electric accumulators were China ($18.2M), Spain ($16.7M), Germany ($4.55M), United Kingdom ($2.95M), and Italy ($2M).

In 2022, the countries that had a largest trade value in imports than in exports of Rail locomotives powered by electric accumulators were Singapore ($12.6M), United States ($7.98M), Belgium ($4.98M), Poland ($1.53M), and France ($1.39M).

Net Trade (2022)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Rail locomotives powered by electric accumulators 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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