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Railway or tramway maintenance or service vehicles; whether or not self-propelled (e.g. workshops, cranes, ballast tampers, trackliners, testing coaches and track inspection vehicles)

8604 (Harmonized System 1992 for 4-digit)

2022
World Trade $1.02BRnk 935 / 1218
2022
Top Exporter | Top Importer $263M | $120MAustria | Indonesia
2022
Product Complexity 0.74Rnk 264 / 1033
2021 - 2022
Export Growth (CAGR) -19.6%Rnk 1174 / 1218
2022
Share of World Trade 0.0043%Rnk 935 / 1218

About

Overview This page contains the latest trade data of Railway Maintenance Vehicles. In 2022, Railway Maintenance Vehicles were the world's 935th most traded product, with a total trade of $1.02B. Between 2021 and 2022 the exports of Railway Maintenance Vehicles decreased by -19.6%, from $1.27B to $1.02B. Trade in Railway Maintenance Vehicles represent 0.0043% of total world trade.

Railway Maintenance Vehicles are a part of Railway and trams. They include Maintenance-of-way service vehicles.

Exports In 2022 the top exporters of Railway Maintenance Vehicles  were Austria ($263M), United States ($179M), China ($159M), Italy ($112M), and Germany ($80.6M).

Imports In 2022 the top importers of Railway Maintenance Vehicles were Indonesia ($120M), Japan ($96.7M), Canada ($84.3M), India ($66.2M), and Brazil ($59.5M).

Ranking Railway Maintenance Vehicles ranks 264th in the Product Complexity Index (PCI).

Description -

Latest Trends

Latest Data

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The following visualization shows the latest trends on Railway Maintenance 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 (2022)Austria$263M
Top Destination (2022)Indonesia$120M

In 2022 Railway Maintenance Vehicles were the world's 935th most traded product (out of 1,218).

In 2022, the top exporters of Railway Maintenance Vehicles were Austria ($263M), United States ($179M), China ($159M), Italy ($112M), and Germany ($80.6M).

In 2022, the top importers of Railway Maintenance Vehicles were Indonesia ($120M), Japan ($96.7M), Canada ($84.3M), India ($66.2M), and Brazil ($59.5M).

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Exporters of Railway Maintenance Vehicles (2022)
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Importers of Railway Maintenance Vehicles (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$72.6M
Top Destination Growth (2021 -  2022)Indonesia$82.6M

Between 2021 and 2022, the exports of Railway Maintenance Vehicles grew the fastest in China ($72.6M), Sweden ($9.23M), France ($8.73M), Turkey ($8.07M), and Croatia ($6.52M).

Between 2021 and 2022, the fastest growing importers of Railway Maintenance Vehicles were Indonesia ($82.6M), Brazil ($42.6M), Mexico ($21.5M), United States ($15.6M), and Azerbaijan ($14.1M).

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Exporters of Railway Maintenance Vehicles (2021 - 2022)

Importers of Railway Maintenance Vehicles (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Railway Maintenance Vehicles.

In 2022, market concentration measured using Shannon Entropy, was 3.45. This means that most of the exports of Railway Maintenance Vehicles are explained by 10 countries.

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Value of Exports in Railway Maintenance Vehicles

Net Trade

TOP NET EXPORTER (2022)Austria$243M
TOP NET IMPORTER (2022)Indonesia$120M

This map shows which countries export or import more of Railway Maintenance Vehicles. Each country is colored based on the difference in exports and imports of Railway Maintenance Vehicles during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Railway Maintenance Vehicles were Austria ($243M), China ($143M), United States ($140M), Italy ($74.8M), and Germany ($66.2M).

In 2022, the countries that had a largest trade value in imports than in exports of Railway Maintenance Vehicles were Indonesia ($120M), Japan ($91.7M), Canada ($64.6M), India ($61.1M), and Brazil ($58.8M).

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

Top 10 Exporters Countries of Railway Maintenance Vehicles by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALIndia+ $7.5M
TOP IMPORT POTENTIALItaly+ $758k

Railway Maintenance Vehicles’s highest export potential is India. With an export gap of $7.5M.  Railway Maintenance Vehicles’s highest import potential is Italy with an import gap of $758k.

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 (2022)

Related Products

This visualization shows products that are likely to be exported by countries that export Railway Maintenance Vehicles.

Country by Relatedness

The following visualization shows the relatedness of Railway Maintenance Vehicles to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2022)

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