In 2023, Mexico led in global imports with a 15.78% share, followed by the United States (12.96%) and Germany (10.77%). Notable year-on-year variations include significant growth in Bolivia (26.21%), Senegal (53.8%), and Cyprus (61.21%), while Finland (-4.51%), Latvia (-23.59%), and Estonia (-22.12%) experienced declines. Future trends to watch include increased imports from emerging markets and the impact of technological advancements in manufacturing, which could potentially shift the balance of global import shares.
Top countries in Import of Railway and Tramway Axles, Wheels and Parts Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Mexico | 15.78 | 2023 | +2.94% | +3.06% | View data |
| 2 | 2 United States | 12.96 | 2023 | +0.094% | -0.43% | View data |
| 3 | 3 Germany | 10.77 | 2023 | +2.49% | +0.86% | View data |
| 4 | 4 Canada | 10.12 | 2023 | +2.67% | +2.42% | View data |
| 5 | 5 China | 7.52 | 2023 | +1.23% | -0.087% | View data |
| 6 | 6 Russia | 3.75 | 2023 | -3.38% | -5.13% | View data |
| 7 | 7 France | 3.56 | 2023 | +2.15% | +2.99% | View data |
| 8 | 8 Austria | 3.54 | 2023 | +0.086% | +2.15% | View data |
| 9 | 9 Poland | 2.87 | 2023 | +3.75% | +4.73% | View data |
| 10 | 10 Italy | 2.19 | 2023 | +3.58% | +3.97% | View data |
