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730210 (Harmonized System 1992 for 6-digit)

2023
World Trade $3.11BRnk 1091 / 4644
2023
Top Exporter | Top Importer $615M | $431MAustria | Germany
2023
Product Complexity 0.48Rnk 1711 / 4656
2022 - 2023
Export Growth (CAGR) 25.6%Rnk 191 / 4644
2023
Share of World Trade 0.014%Rnk 1091 / 4644

About

Overview This page contains the latest trade data of Railway/tramway rails, iron or steel. In 2023, Railway/tramway rails, iron or steel were the world's 1091st most traded product, with a total trade of $3.11B. Between 2022 and 2023 the exports of Railway/tramway rails, iron or steel grew by 25.6%, from $2.47B to $3.11B. Trade in Railway/tramway rails, iron or steel represent 0.014% of total world trade.

Railway/tramway rails, iron or steel are a part of Iron Railway Products.

Exports In 2023 the top exporters of Railway/tramway rails, iron or steel  were Austria ($615M), China ($474M), Japan ($452M), Poland ($279M), and Czechia ($223M).

Imports In 2023 the top importers of Railway/tramway rails, iron or steel were Germany ($431M), Canada ($209M), Italy ($206M), Mexico ($204M), and Brazil ($173M).

Ranking Railway/tramway rails, iron or steel ranks 1711th in the Product Complexity Index (PCI).

Description Railway/tramway rails are long metal bars that are used to connect the railway/tramway to the train carriages. Iron or steel is a strong metal that is used to make structures and rails.

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Railway/tramway rails, iron or steel. 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)Austria$615M
Top Destination (2023)Germany$431M

In 2023 Railway/tramway rails, iron or steel were the world's 1091st most traded product (out of 4,644).

In 2023, the top exporters of Railway/tramway rails, iron or steel were Austria ($615M), China ($474M), Japan ($452M), Poland ($279M), and Czechia ($223M).

In 2023, the top importers of Railway/tramway rails, iron or steel were Germany ($431M), Canada ($209M), Italy ($206M), Mexico ($204M), and Brazil ($173M).

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Exporters of Railway/tramway rails, iron or steel (2023)
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Importers of Railway/tramway rails, iron or steel (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Japan$129M
Top Destination Growth (2022 -  2023)Italy$89.5M

Between 2022 and 2023, the exports of Railway/tramway rails, iron or steel grew the fastest in Japan ($129M), China ($125M), Austria ($113M), Poland ($96.1M), and Italy ($82.2M).

Between 2022 and 2023, the fastest growing importers of Railway/tramway rails, iron or steel were Italy ($89.5M), Germany ($81.2M), Mexico ($69.7M), Romania ($51M), and India ($48.2M).

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Exporters of Railway/tramway rails, iron or steel (2022 - 2023)

Importers of Railway/tramway rails, iron or steel (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Railway/tramway rails, iron or steel.

In 2023, market concentration measured using Shannon Entropy, was 3.59. This means that most of the exports of Railway/tramway rails, iron or steel are explained by 12 countries.

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Value of Exports in Railway/tramway rails, iron or steel

Net Trade

TOP NET EXPORTER (2023)Austria$605M
TOP NET IMPORTER (2023)Germany$392M

This map shows which countries export or import more of Railway/tramway rails, iron or steel. Each country is colored based on the difference in exports and imports of Railway/tramway rails, iron or steel during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Railway/tramway rails, iron or steel were Austria ($605M), China ($457M), Japan ($450M), Czechia ($210M), and Poland ($201M).

In 2023, the countries that had a largest trade value in imports than in exports of Railway/tramway rails, iron or steel were Germany ($392M), Canada ($205M), Mexico ($204M), Brazil ($172M), and Romania ($82.4M).

Net Trade (2023)

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Railway/tramway rails, iron or steel 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 (2023)

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