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Pricing

730210 (Harmonized System 1992 for 6-digit)

2022
World Trade $2.55BRnk 1278 / 4648
2022
Top Exporter | Top Importer $550M | $367MAustria | Germany
2022
Product Complexity 0.42Rnk 1782 / 4653
2021 - 2022
Export Growth (CAGR) 14.5%Rnk 1152 / 4648
2022
Share of World Trade 0.011%Rnk 1278 / 4648

About

Overview This page contains the latest trade data of Railway/tramway rails, iron or steel. In 2022, Railway/tramway rails, iron or steel were the world's 1278th most traded product, with a total trade of $2.55B. Between 2021 and 2022 the exports of Railway/tramway rails, iron or steel grew by 14.5%, from $2.23B to $2.55B. Trade in Railway/tramway rails, iron or steel represent 0.011% of total world trade.

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

Exports In 2022 the top exporters of Railway/tramway rails, iron or steel  were Austria ($550M), China ($390M), Japan ($308M), Spain ($218M), and United States ($198M).

Imports In 2022 the top importers of Railway/tramway rails, iron or steel were Germany ($367M), Canada ($184M), Brazil ($147M), United States ($135M), and Mexico ($130M).

Ranking Railway/tramway rails, iron or steel ranks 1782nd 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.

Explore Latest Trends

* 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)Austria$550M
Top Destination (2022)Germany$367M

In 2022 Railway/tramway rails, iron or steel were the world's 1278th most traded product (out of 4,648).

In 2022, the top exporters of Railway/tramway rails, iron or steel were Austria ($550M), China ($390M), Japan ($308M), Spain ($218M), and United States ($198M).

In 2022, the top importers of Railway/tramway rails, iron or steel were Germany ($367M), Canada ($184M), Brazil ($147M), United States ($135M), and Mexico ($130M).

Explore Visualizations

Exporters of Railway/tramway rails, iron or steel (2022)
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Importers of Railway/tramway rails, iron or steel (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$109M
Top Destination Growth (2021 -  2022)United States$74.7M

Between 2021 and 2022, the exports of Railway/tramway rails, iron or steel grew the fastest in China ($109M), Austria ($53.4M), Czechia ($44.1M), United States ($43.4M), and Japan ($42.7M).

Between 2021 and 2022, the fastest growing importers of Railway/tramway rails, iron or steel were United States ($74.7M), Germany ($54.5M), Canada ($46.1M), Tanzania ($30M), and Azerbaijan ($28.4M).

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Exporters of Railway/tramway rails, iron or steel (2021 - 2022)

Importers of Railway/tramway rails, iron or steel (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 3.64. 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 (2022)Austria$539M
TOP NET IMPORTER (2022)Germany$325M

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 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Railway/tramway rails, iron or steel were Austria ($539M), China ($362M), Japan ($305M), Spain ($202M), and Czechia ($141M).

In 2022, the countries that had a largest trade value in imports than in exports of Railway/tramway rails, iron or steel were Germany ($325M), Canada ($171M), Brazil ($145M), Mexico ($129M), and Switzerland ($66.6M).

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 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 (2022)

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