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730230 (Harmonized System 1992 for 6-digit)

2023
World Trade $672MRnk 2539 / 4644
2023
Top Exporter | Top Importer $117M | $61.1MFrance | Italy
2023
Product Complexity 0.9Rnk 962 / 4656
2022 - 2023
Export Growth (CAGR) 13.2%Rnk 504 / 4644
2023
Share of World Trade 0.003%Rnk 2539 / 4644

About

Overview This page contains the latest trade data of Railway/tramway switch/crossing material, iron/steel. In 2023, Railway/tramway switch/crossing material, iron/steel were the world's 2539th most traded product, with a total trade of $672M. Between 2022 and 2023 the exports of Railway/tramway switch/crossing material, iron/steel grew by 13.2%, from $594M to $672M. Trade in Railway/tramway switch/crossing material, iron/steel represent 0.003% of total world trade.

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

Exports In 2023 the top exporters of Railway/tramway switch/crossing material, iron/steel  were France ($117M), China ($88.1M), Austria ($72.7M), Germany ($50.4M), and Luxembourg ($47.7M).

Imports In 2023 the top importers of Railway/tramway switch/crossing material, iron/steel were Italy ($61.1M), Germany ($49M), Canada ($48M), Switzerland ($41.6M), and United States ($39.7M).

Ranking Railway/tramway switch/crossing material, iron/steel ranks 962nd 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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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 (2023)France$117M
Top Destination (2023)Italy$61.1M

In 2023 Railway/tramway switch/crossing material, iron/steel were the world's 2539th most traded product (out of 4,644).

In 2023, the top exporters of Railway/tramway switch/crossing material, iron/steel were France ($117M), China ($88.1M), Austria ($72.7M), Germany ($50.4M), and Luxembourg ($47.7M).

In 2023, the top importers of Railway/tramway switch/crossing material, iron/steel were Italy ($61.1M), Germany ($49M), Canada ($48M), Switzerland ($41.6M), and United States ($39.7M).

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Exporters of Railway/tramway switch/crossing material, iron/steel (2023)
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Importers of Railway/tramway switch/crossing material, iron/steel (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)France$47M
Top Destination Growth (2022 -  2023)Italy$39.3M

Between 2022 and 2023, the exports of Railway/tramway switch/crossing material, iron/steel grew the fastest in France ($47M), Luxembourg ($12.2M), United States ($10.7M), China ($10.6M), and Poland ($8.73M).

Between 2022 and 2023, the fastest growing importers of Railway/tramway switch/crossing material, iron/steel were Italy ($39.3M), Canada ($16.6M), Mexico ($15.4M), Germany ($15M), and Portugal ($6.99M).

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Exporters of Railway/tramway switch/crossing material, iron/steel (2022 - 2023)

Importers of Railway/tramway switch/crossing material, iron/steel (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 3.99. This means that most of the exports of Railway/tramway switch/crossing material, iron/steel are explained by 15 countries.

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

Net Trade

TOP NET EXPORTER (2023)France$90.1M
TOP NET IMPORTER (2023)Italy$54.4M

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 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Railway/tramway switch/crossing material, iron/steel were France ($90.1M), China ($82.3M), Austria ($65.9M), Luxembourg ($45.5M), and Spain ($31.1M).

In 2023, the countries that had a largest trade value in imports than in exports of Railway/tramway switch/crossing material, iron/steel were Italy ($54.4M), Canada ($46.3M), Switzerland ($36M), Israel ($27.9M), and Norway ($23M).

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/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 (2023)

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