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Railway or tramway track fixtures and fittings; mechanical (including electro-mechanical) signalling, safety or traffic control equipment for railways, tramways, roads, inland waterways, parking facilities, port installations or airfields; parts thereof

8608 (Harmonized System 1992 for 4-digit)

2022
World Trade $995MRnk 938 / 1218
2022
Top Exporter | Top Importer $165M | $78.3MChina | Germany
2022
Product Complexity 0.57Rnk 338 / 1033
2021 - 2022
Export Growth (CAGR) -1.3%Rnk 921 / 1218
2022
Share of World Trade 0.0042%Rnk 938 / 1218

About

Overview This page contains the latest trade data of Railway Track Fixtures. In 2022, Railway Track Fixtures were the world's 938th most traded product, with a total trade of $995M. Between 2021 and 2022 the exports of Railway Track Fixtures decreased by -1.3%, from $1.01B to $995M. Trade in Railway Track Fixtures represent 0.0042% of total world trade.

Railway Track Fixtures are a part of Railway and trams. They include Signals etc for rail, tram, water-way, port, airfield.

Exports In 2022 the top exporters of Railway Track Fixtures  were China ($165M), Germany ($89.4M), United States ($83.2M), Spain ($69.3M), and Austria ($60.3M).

Imports In 2022 the top importers of Railway Track Fixtures were Germany ($78.3M), United States ($48.8M), Canada ($48M), Indonesia ($38M), and Chinese Taipei ($37.4M).

Ranking Railway Track Fixtures ranks 338th in the Product Complexity Index (PCI).

Description -

Latest Trends

Latest Data

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The following visualization shows the latest trends on Railway Track Fixtures. 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$165M
Top Destination (2022)Germany$78.3M

In 2022 Railway Track Fixtures were the world's 938th most traded product (out of 1,218).

In 2022, the top exporters of Railway Track Fixtures were China ($165M), Germany ($89.4M), United States ($83.2M), Spain ($69.3M), and Austria ($60.3M).

In 2022, the top importers of Railway Track Fixtures were Germany ($78.3M), United States ($48.8M), Canada ($48M), Indonesia ($38M), and Chinese Taipei ($37.4M).

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Exporters of Railway Track Fixtures (2022)
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Importers of Railway Track Fixtures (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$46.1M
Top Destination Growth (2021 -  2022)Indonesia$26.3M

Between 2021 and 2022, the exports of Railway Track Fixtures grew the fastest in China ($46.1M), Spain ($15.3M), Hong Kong ($12.8M), Japan ($10.1M), and Bulgaria ($9.3M).

Between 2021 and 2022, the fastest growing importers of Railway Track Fixtures were Indonesia ($26.3M), Germany ($16M), Chinese Taipei ($14.9M), United States ($11.9M), and Singapore ($11.4M).

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Exporters of Railway Track Fixtures (2021 - 2022)

Importers of Railway Track Fixtures (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Railway Track Fixtures.

In 2022, market concentration measured using Shannon Entropy, was 4.57. This means that most of the exports of Railway Track Fixtures are explained by 23 countries.

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Value of Exports in Railway Track Fixtures

Net Trade

TOP NET EXPORTER (2022)China$144M
TOP NET IMPORTER (2022)Canada$42.4M

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

In 2022, the countries that had a largest trade value in exports than in imports of Railway Track Fixtures were China ($144M), Spain ($54.5M), Austria ($38.9M), United States ($34.4M), and Croatia ($27.6M).

In 2022, the countries that had a largest trade value in imports than in exports of Railway Track Fixtures were Canada ($42.4M), Indonesia ($37.9M), Chinese Taipei ($29.9M), Singapore ($29.6M), and Kazakhstan ($21.4M).

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

Top 10 Exporters Countries of Railway Track Fixtures by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALGermany+ $1.1M
TOP IMPORT POTENTIALChina+ $1.95M

Railway Track Fixtures’s highest export potential is Germany. With an export gap of $1.1M.  Railway Track Fixtures’s highest import potential is China with an import gap of $1.95M.

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)

Country by Relatedness

The following visualization shows the relatedness of Railway Track Fixtures 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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