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730230 (Harmonized System 1992 for 6-digit)

2022
World Trade $597MRnk 2748 / 4648
2022
Top Exporter | Top Importer $73M | $37.9MChina | United States
2022
Product Complexity 0.93Rnk 889 / 4653
2021 - 2022
Export Growth (CAGR) -13.3%Rnk 4108 / 4648
2022
Share of World Trade 0.0025%Rnk 2748 / 4648

About

Overview This page contains the latest trade data of Railway/tramway switch/crossing material, iron/steel. In 2022, Railway/tramway switch/crossing material, iron/steel were the world's 2748th most traded product, with a total trade of $597M. Between 2021 and 2022 the exports of Railway/tramway switch/crossing material, iron/steel decreased by -13.3%, from $689M to $597M. Trade in Railway/tramway switch/crossing material, iron/steel represent 0.0025% of total world trade.

Railway/tramway switch/crossing material, iron/steel are a part of Iron Railway Products.

Exports In 2022 the top exporters of Railway/tramway switch/crossing material, iron/steel  were China ($73M), Austria ($68.7M), Germany ($67.5M), France ($58.5M), and Spain ($46.9M).

Imports In 2022 the top importers of Railway/tramway switch/crossing material, iron/steel were United States ($37.9M), Switzerland ($36.4M), Germany ($35.6M), Canada ($31.2M), and France ($28M).

Ranking Railway/tramway switch/crossing material, iron/steel ranks 889th in the Product Complexity Index (PCI).

Description Railway/tramway switch/crossing material, iron/steel is used to connect railway/tramway tracks for trains to change routes.

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Railway/tramway switch/crossing material, iron/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 (2022)China$73M
Top Destination (2022)United States$37.9M

In 2022 Railway/tramway switch/crossing material, iron/steel were the world's 2748th most traded product (out of 4,648).

In 2022, the top exporters of Railway/tramway switch/crossing material, iron/steel were China ($73M), Austria ($68.7M), Germany ($67.5M), France ($58.5M), and Spain ($46.9M).

In 2022, the top importers of Railway/tramway switch/crossing material, iron/steel were United States ($37.9M), Switzerland ($36.4M), Germany ($35.6M), Canada ($31.2M), and France ($28M).

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Exporters of Railway/tramway switch/crossing material, iron/steel (2022)
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Importers of Railway/tramway switch/crossing material, iron/steel (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$5.77M
Top Destination Growth (2021 -  2022)Netherlands$8.44M

Between 2021 and 2022, the exports of Railway/tramway switch/crossing material, iron/steel grew the fastest in China ($5.77M), Latvia ($3.42M), Luxembourg ($2.99M), Portugal ($2.26M), and Germany ($1.91M).

Between 2021 and 2022, the fastest growing importers of Railway/tramway switch/crossing material, iron/steel were Netherlands ($8.44M), France ($7.03M), Turkey ($6.97M), United States ($6.17M), and Indonesia ($4.54M).

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Exporters of Railway/tramway switch/crossing material, iron/steel (2021 - 2022)

Importers of Railway/tramway switch/crossing material, iron/steel (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Railway/tramway switch/crossing material, iron/steel.

In 2022, market concentration measured using Shannon Entropy, was 4.18. This means that most of the exports of Railway/tramway switch/crossing material, iron/steel are explained by 18 countries.

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Value of Exports in Railway/tramway switch/crossing material, iron/steel

Net Trade

TOP NET EXPORTER (2022)China$64M
TOP NET IMPORTER (2022)Switzerland$31.9M

This map shows which countries export or import more of Railway/tramway switch/crossing material, iron/steel. Each country is colored based on the difference in exports and imports of Railway/tramway switch/crossing material, iron/steel during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Railway/tramway switch/crossing material, iron/steel were China ($64M), Austria ($48.7M), Spain ($37.5M), Germany ($32M), and France ($30.5M).

In 2022, the countries that had a largest trade value in imports than in exports of Railway/tramway switch/crossing material, iron/steel were Switzerland ($31.9M), Canada ($29.1M), Netherlands ($21.9M), Norway ($16.5M), and Italy ($16.1M).

Net Trade (2022)

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 switch/crossing material, iron/steel.
It is possible to select the main countries that export or import Railway/tramway switch/crossing material, iron/steel in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Railway/tramway switch/crossing material, iron/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 (2022)

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