Germany leads the global export market for parts of railway and tramway locomotives, with a slight increase in market share over the past year. The United States and China follow, with China showing significant growth, unlike the slight decline in the US. Emerging exporters like Poland and the Czech Republic are gaining momentum, with Poland exhibiting the most substantial year-on-year growth.
Japan and Russia experienced notable declines, whereas European countries like France, Italy, and Austria maintained stable shares. Smaller economies such as Bosnia and Herzegovina, Macedonia, and Montenegro showed remarkable growth. Conversely, Latvia, Brazil, and Ukraine faced downturns.
Future trends to watch include increased competition from emerging markets in Eastern Europe and Asia, coupled with potential shifts in trade policies and technological advancements in green transport solutions, likely influencing export dynamics in the railway sector.
Top countries in Export of Parts of Railway, Tramway Locomotives, Rolling-Stock Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 18.29 | 2023 | +1.67% | +1.26% | View data |
| 2 | 2 United States | 11.8 | 2023 | +0.016% | -0.22% | View data |
| 3 | 3 China | 10.38 | 2023 | +3.12% | +2.11% | View data |
| 4 | 4 Poland | 8.14 | 2023 | +5.12% | +12.99% | View data |
| 5 | 5 Czech Republic | 6.17 | 2023 | +2.07% | +4.16% | View data |
| 6 | 6 Austria | 5.37 | 2023 | -0.35% | -0.5% | View data |
| 7 | 7 Italy | 5.12 | 2023 | +2.11% | +1.78% | View data |
| 8 | 8 France | 4.53 | 2023 | +1.48% | +0.21% | View data |
| 9 | 9 Spain | 3.69 | 2023 | +1.43% | +1.32% | View data |
| 10 | 10 Hungary | 3.31 | 2023 | +2.16% | +1.81% | View data |
