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Railway or tramway coaches; passenger coaches, luggage vans, post office coaches and other special purpose railway or tramway coaches, not self-propelled (excluding those of heading no. 8604)

8605 (Harmonized System 1992 for 4-digit)

2023
World Trade $1.59BRnk 820 / 1217
2023
Top Exporter | Top Importer $261M | $260MJapan | Chinese Taipei
2023
Product Complexity 0.32Rnk 445 / 1044
2022 - 2023
Export Growth (CAGR) 44.3%Rnk 17 / 1217
2023
Share of World Trade 0.007%Rnk 820 / 1217

About

Overview This page contains the latest trade data of Railway Passenger Cars. In 2023, Railway Passenger Cars were the world's 820th most traded product, with a total trade of $1.59B. Between 2022 and 2023 the exports of Railway Passenger Cars grew by 44.3%, from $1.1B to $1.59B. Trade in Railway Passenger Cars represent 0.007% of total world trade.

Railway Passenger Cars are a part of Railway and trams. They include Railway passenger and special purpose coaches.

Exports In 2023 the top exporters of Railway Passenger Cars  were Japan ($261M), Hungary ($206M), China ($175M), Spain ($172M), and United States ($138M).

Imports In 2023 the top importers of Railway Passenger Cars were Chinese Taipei ($260M), United States ($242M), Canada ($167M), Egypt ($161M), and Germany ($152M).

Ranking Railway Passenger Cars ranks 445th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Railway Passenger Cars. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

Explore Latest Trends

* 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)Japan$261M
Top Destination (2023)Chinese Taipei$260M

In 2023 Railway Passenger Cars were the world's 820th most traded product (out of 1,217).

In 2023, the top exporters of Railway Passenger Cars were Japan ($261M), Hungary ($206M), China ($175M), Spain ($172M), and United States ($138M).

In 2023, the top importers of Railway Passenger Cars were Chinese Taipei ($260M), United States ($242M), Canada ($167M), Egypt ($161M), and Germany ($152M).

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Exporters of Railway Passenger Cars (2023)
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Importers of Railway Passenger Cars (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United States$120M
Top Destination Growth (2022 -  2023)United States$179M

Between 2022 and 2023, the exports of Railway Passenger Cars grew the fastest in United States ($120M), Spain ($110M), Hungary ($109M), South Korea ($98.2M), and Canada ($68.6M).

Between 2022 and 2023, the fastest growing importers of Railway Passenger Cars were United States ($179M), Canada ($141M), Kazakhstan ($81.3M), Germany ($78.5M), and Egypt ($53.1M).

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Exporters of Railway Passenger Cars (2022 - 2023)

Importers of Railway Passenger Cars (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Railway Passenger Cars.

In 2023, market concentration measured using Shannon Entropy, was 3.67. This means that most of the exports of Railway Passenger Cars are explained by 12 countries.

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Value of Exports in Railway Passenger Cars

Net Trade

TOP NET EXPORTER (2023)Japan$261M
TOP NET IMPORTER (2023)United States$105M

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

In 2023, the countries that had a largest trade value in exports than in imports of Railway Passenger Cars were Japan ($261M), Hungary ($180M), China ($175M), Spain ($133M), and South Korea ($125M).

In 2023, the countries that had a largest trade value in imports than in exports of Railway Passenger Cars were United States ($105M), Kazakhstan ($92M), Germany ($49M), Canada ($48.7M), and United Kingdom ($47.8M).

Net Trade (2023)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Railway Passenger Cars by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALFrance+ $744k
TOP IMPORT POTENTIALHungary+ $400k

Railway Passenger Cars’s highest export potential is France. With an export gap of $744k.  Railway Passenger Cars’s highest import potential is Hungary with an import gap of $400k.

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)

Related Products

This visualization shows products that are likely to be exported by countries that export Railway Passenger Cars.

Country by Relatedness

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

Relative Relatedness by Country (2023)

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