2022
Exports
$89.1MWorld Rnk 25 / 144
Flag Rnk 451 / 1212
2022
PRODUCT COMPLEXITY IN Locomotive Parts
0.82Rnk 237 / 1025
2022
Imports
$360MWorld Rnk 12 / 200
Flag Rnk 220 / 1206
2022
ECONOMIC COMPLEXITY of India
0.64Rnk 40 / 133

About

Exports In 2022, India exported $89.1M in Locomotive Parts, making it the 25th largest exporter of Locomotive Parts in the world. At the same year, Locomotive Parts was the 451st most exported product in India. The main destination of Locomotive Parts exports from India are: United States ($24M), Germany ($10.3M), Australia ($7.38M), France ($5M), and United Kingdom ($4.83M).

The fastest growing export markets for Locomotive Parts of India between 2021 and 2022 were United States ($6.32M), Mexico ($2.01M), and Germany ($1.94M).

Imports In 2022, India imported $360M in Locomotive Parts, becoming the 12th largest importer of Locomotive Parts in the world. At the same year, Locomotive Parts was the 220th most imported product in India. India imports Locomotive Parts primarily from: China ($125M), Austria ($55.5M), Germany ($47.4M), Czechia ($39.5M), and United States ($17.9M).

The fastest growing import markets in Locomotive Parts for India between 2021 and 2022 were China ($29.8M), Czechia ($13.4M), and United States ($7.32M).

COMPANIES In 2023, leading companies such as Team Hardinger (41) and ZF Friedrichshafen (5) were at the forefront of shipping Locomotive Parts from India to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Locomotive Parts. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$89.1M
IMPORTS (2022)$360M
NET TRADE (2022)-$271M

In 2022, India exported $89.1M in Locomotive Parts. The main destinations of India exports on Locomotive Parts were United States ($24M), Germany ($10.3M), Australia ($7.38M), France ($5M), and United Kingdom ($4.83M).

In 2022, India imported $360M in Locomotive Parts, mainly from China ($125M), Austria ($55.5M), Germany ($47.4M), Czechia ($39.5M), and United States ($17.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Locomotive Parts EXPORT MARKETS FOR India WERE (2021 - 2022):
United States$6.32M (35.8%)
Mexico$2.01M (124%)
Germany$1.94M (23.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Locomotive Parts BY India WERE (2021 - 2022):
Burma-$13.6M (-98.4%)
Mozambique-$4.62M (-75.7%)
Belgium-$3.43M (-78.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, India's main exporting competitors in Locomotive Parts were:
In 2022, India's main importing competitors in Locomotive Parts were:

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Trade Value of Locomotive Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $11.8M
TOP IMPORT POTENTIALChina+ $58.5M

Locomotive Parts’s highest export potential is United States. With an export gap of $11.8M.   Locomotive Parts’s highest import potential is China with an import gap of $58.5M.

See methodology.

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