2022
Exports
$416MWorld Rnk 3 / 84
Flag Rnk 610 / 1216
2022
PRODUCT COMPLEXITY IN Railway Freight Cars
-0.057Rnk 565 / 1025
2022
Imports
$817kWorld Rnk 63 / 140
Flag Rnk 1166 / 1212
2022
ECONOMIC COMPLEXITY of China
1.12Rnk 22 / 133

About

Exports In 2022, China exported $416M in Railway Freight Cars, making it the 3rd largest exporter of Railway Freight Cars in the world. At the same year, Railway Freight Cars was the 610th most exported product in China. The main destination of Railway Freight Cars exports from China are: Australia ($204M), Gabon ($46.8M), United Arab Emirates ($37.5M), Mozambique ($29.2M), and Chile ($22.3M).

The fastest growing export markets for Railway Freight Cars of China between 2021 and 2022 were Gabon ($41.7M), United Arab Emirates ($37.1M), and Australia ($32.5M).

Imports In 2022, China imported $817k in Railway Freight Cars, becoming the 63rd largest importer of Railway Freight Cars in the world. At the same year, Railway Freight Cars was the 1166th most imported product in China. China imports Railway Freight Cars primarily from: South Korea ($577k), Cambodia ($90k), China ($67.8k), South Africa ($56.4k), and United Arab Emirates ($12.1k).

The fastest growing import markets in Railway Freight Cars for China between 2021 and 2022 were China ($67.8k), South Africa ($56.4k), and United Arab Emirates ($12.1k).

COMPANIES In 2023, leading companies such as Hongkong Xin Jie Technology (27), Walong Marketing (24), and Goldensee Limited (23) were at the forefront of shipping Railway Freight Cars from China to the United States.

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$145k(0.31%)
IMPORT GROWTH (July 2021 - May 2024)$-1.6M(-92.7%)
MAIN EXPORTER (July 2024)Hainan Province$40.3M
MAIN DESTINATION (July 2024)Australia$19.5M

This section shows Railway Freight Cars's exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Railway Freight Cars over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$416M
IMPORTS (2022)$817k
NET TRADE (2022)$415M

In 2022, China exported $416M in Railway Freight Cars. The main destinations of China exports on Railway Freight Cars were Australia ($204M), Gabon ($46.8M), United Arab Emirates ($37.5M), Mozambique ($29.2M), and Chile ($22.3M).

In 2022, China imported $817k in Railway Freight Cars, mainly from South Korea ($577k), Cambodia ($90k), China ($67.8k), South Africa ($56.4k), and United Arab Emirates ($12.1k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Railway Freight Cars EXPORT MARKETS FOR China WERE (2021 - 2022):
Gabon$41.7M (816%)
United Arab Emirates$37.1M (9.1k%)
Australia$32.5M (19%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Railway Freight Cars BY China WERE (2021 - 2022):
Guinea-$50.1M (-97.2%)
New Zealand-$17.1M (-56.1%)
Nigeria-$10.4M (-99.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Railway Freight Cars were:
In 2022, China's main importing competitors in Railway Freight Cars were:

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Trade Value of Railway Freight Cars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $1.6M
TOP IMPORT POTENTIALSouth Africa+ $31k

Railway Freight Cars’s highest export potential is India. With an export gap of $1.6M.   Railway Freight Cars’s highest import potential is South Africa with an import gap of $31k.

See methodology.

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