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Self-propelled railway cars, external electric power

860310 (Harmonized System 1992 for 6-digit)

2022
World Trade $5.23BRnk 732 / 4648
2022
Top Exporter | Top Importer $1B | $563MChina | Germany
2022
Product Complexity 1.33Rnk 330 / 4653
2021 - 2022
Export Growth (CAGR) -8.23%Rnk 3837 / 4648
2022
Share of World Trade 0.022%Rnk 732 / 4648

About

Overview This page contains the latest trade data of Railways cars, external electric power. In 2022, Railways cars, external electric power were the world's 732nd most traded product, with a total trade of $5.23B. Between 2021 and 2022 the exports of Railways cars, external electric power decreased by -8.23%, from $5.7B to $5.23B. Trade in Railways cars, external electric power represent 0.022% of total world trade.

Railways cars, external electric power are a part of Self-Propelled Rail Transport.

Exports In 2022 the top exporters of Railways cars, external electric power  were China ($1B), South Korea ($701M), Spain ($674M), Austria ($538M), and Poland ($497M).

Imports In 2022 the top importers of Railways cars, external electric power were Germany ($563M), Chinese Taipei ($503M), Australia ($324M), United Kingdom ($252M), and Hungary ($234M).

Ranking Railways cars, external electric power ranks 330th in the Product Complexity Index (PCI).

Description Self-propelled railway cars are used in transportation. An external electric power supply is used for the train to power the locomotive and carriages.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Railways cars, external electric power. 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$1B
Top Destination (2022)Germany$563M

In 2022 Railways cars, external electric power were the world's 732nd most traded product (out of 4,648).

In 2022, the top exporters of Railways cars, external electric power were China ($1B), South Korea ($701M), Spain ($674M), Austria ($538M), and Poland ($497M).

In 2022, the top importers of Railways cars, external electric power were Germany ($563M), Chinese Taipei ($503M), Australia ($324M), United Kingdom ($252M), and Hungary ($234M).

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Exporters of Railways cars, external electric power (2022)
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Importers of Railways cars, external electric power (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$244M
Top Destination Growth (2021 -  2022)Spain$214M

Between 2021 and 2022, the exports of Railways cars, external electric power grew the fastest in China ($244M), Italy ($184M), Spain ($168M), United Kingdom ($123M), and Serbia ($67.8M).

Between 2021 and 2022, the fastest growing importers of Railways cars, external electric power were Spain ($214M), Chinese Taipei ($206M), Indonesia ($197M), United Kingdom ($174M), and Italy ($131M).

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Exporters of Railways cars, external electric power (2021 - 2022)

Importers of Railways cars, external electric power (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Railways cars, external electric power.

In 2022, market concentration measured using Shannon Entropy, was 3.6. This means that most of the exports of Railways cars, external electric power are explained by 12 countries.

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Value of Exports in Railways cars, external electric power

Net Trade

TOP NET EXPORTER (2022)China$999M
TOP NET IMPORTER (2022)Germany$394M

This map shows which countries export or import more of Railways cars, external electric power. Each country is colored based on the difference in exports and imports of Railways cars, external electric power during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Railways cars, external electric power were China ($999M), South Korea ($700M), Spain ($460M), Poland ($376M), and Austria ($352M).

In 2022, the countries that had a largest trade value in imports than in exports of Railways cars, external electric power were Germany ($394M), Hungary ($234M), Sweden ($219M), Singapore ($206M), and Indonesia ($197M).

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 Railways cars, external electric power.
It is possible to select the main countries that export or import Railways cars, external electric power in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Railways cars, external electric power 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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