Railway, tramway locomotives, rolling-stock and parts thereof; railway or tramway track fixtures and fittings and parts thereof; mechanical (including electro-mechanical) traffic signalling equipment of all kinds

86 (Harmonized System 1992 for 2-digit)

About

Overview This page contains the latest trade data of Railway and trams. In 2023, Railway and trams were the world's 64th most traded product, with a total trade of $37.5B. Between 2022 and 2023 the exports of Railway and trams grew by 7.8%, from $34.8B to $37.5B. Trade in Railway and trams represent 0.17% of total world trade.

Railway and trams are a part of Transportation. They include Locomotive Parts, Self-Propelled Rail Transport, Railway Freight Cars, Railway Cargo Containers, Other Locomotives, Railway Passenger Cars, Electric Locomotives, Railway Maintenance Vehicles, and Railway Track Fixtures.

Exports In 2023 the top exporters of Railway and trams  were China ($7.21B), United States ($3.51B), Germany ($3.42B), Spain ($2.07B), and Poland ($1.98B).

Imports In 2023 the top importers of Railway and trams were Germany ($3.95B), United States ($3.22B), United Kingdom ($1.67B), Mexico ($1.63B), and Canada ($1.6B).

Ranking Railway and trams ranks 16th in the Product Complexity Index (PCI).

Latest Data

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The following visualization shows the latest trends on Railway and trams. 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$7.21B
Top Destination (2023)Germany$3.95B

In 2023 Railway and trams were the world's 64th most traded product (out of 96).

In 2023, the top exporters of Railway and trams were China ($7.21B), United States ($3.51B), Germany ($3.42B), Spain ($2.07B), and Poland ($1.98B).

In 2023, the top importers of Railway and trams were Germany ($3.95B), United States ($3.22B), United Kingdom ($1.67B), Mexico ($1.63B), and Canada ($1.6B).

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Exporters of Railway and trams (2023)
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Importers of Railway and trams (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Guyana$1.26B
Top Destination Growth (2022 -  2023)Trinidad and Tobago$1.19B

Between 2022 and 2023, the exports of Railway and trams grew the fastest in Guyana ($1.26B), Spain ($663M), Czechia ($599M), Slovakia ($486M), and United States ($242M).

Between 2022 and 2023, the fastest growing importers of Railway and trams were Trinidad and Tobago ($1.19B), Czechia ($514M), Germany ($448M), United Kingdom ($383M), and Kazakhstan ($379M).

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Exporters of Railway and trams (2022 - 2023)

Importers of Railway and trams (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Railway and trams.

In 2023, market concentration measured using Shannon Entropy, was 4.56. This means that most of the exports of Railway and trams are explained by 23 countries.

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Value of Exports in Railway and trams

Net Trade

TOP NET EXPORTER (2023)China$6.67B
TOP NET IMPORTER (2023)Australia$1.15B

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

In 2023, the countries that had a largest trade value in exports than in imports of Railway and trams were China ($6.67B), Guyana ($1.24B), Spain ($1.14B), Czechia ($735M), and Poland ($722M).

In 2023, the countries that had a largest trade value in imports than in exports of Railway and trams were Australia ($1.15B), Trinidad and Tobago ($1.15B), United Kingdom ($1.06B), Mexico ($966M), and Canada ($763M).

Net Trade (2023)

Disaggregation

Value
Disaggregation

In 2023, the world most traded Railway and trams, disaggragated by their HS6 level were Locomotive Parts ($14B), Railway Cargo Containers ($7.43B), Self-Propelled Rail Transport ($5.79B), Railway Freight Cars ($3.65B), and Other Locomotives ($1.61B)

HS6 Disaggregation for Railway and trams (2023)
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Country Comparison

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Ranking

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

Top 10 Exporters Countries of Railway and trams by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALIndia+ $128M
TOP IMPORT POTENTIALUnited States+ $24.2M

Railway and trams’s highest export potential is India. With an export gap of $128M.  Railway and trams’s highest import potential is United States with an import gap of $24.2M.

See methodology.

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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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