{
  "pageType": "HS2 sector trade overview",
  "source": "api",
  "title": "Railway equipment (HS2 86) Sector Trade Overview | Yugalinks",
  "description": "Review reported global trade for the railway equipment sector at HS2 86, including scale, trend, market structure, corridors, exporters, importers, and HS6 products.",
  "canonical": "https://www.yugalinks.com/trade/sector/hs2/86",
  "publisher": {
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    "sameAs": [
      "https://in.linkedin.com/company/yugalinks"
    ]
  },
  "sourceAttribution": {
    "publisher": "OECD",
    "dataset": "Balanced international merchandise trade statistics (BIMTS) - HS2017-6D",
    "year": 2025,
    "citation": "OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-27)",
    "sourceUrl": "https://data-explorer.oecd.org/",
    "dataflowUrl": "https://sdmx.oecd.org/sti-public/rest/dataflow/OECD.SDD.TPS/DSD_BIMTS_6D@DF_BIMTS_HS2017_6D/1.0",
    "termsUrl": "https://www.oecd.org/termsandconditions/",
    "terms": "OECD Terms & Conditions",
    "accessed": "2026-08-27",
    "supportingSources": [
      {
        "publisher": "CEPII",
        "dataset": "BACI bilateral trade flows",
        "release": "202601",
        "citation": "Gaulier, G. and Zignago, S. (2010), BACI: International Trade Database at the Product-Level. The 1994-2007 Version, CEPII Working Paper No. 2010-23.",
        "sourceUrl": "https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html",
        "datasetUrl": "https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37",
        "licenseUrl": "https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf",
        "license": "Etalab 2.0 Open Licence",
        "accessed": "2026-08-27"
      }
    ]
  },
  "links": {
    "html": "https://www.yugalinks.com/trade/sector/hs2/86/index.html",
    "markdown": "https://www.yugalinks.com/trade/sector/hs2/86/index.md",
    "json": "https://www.yugalinks.com/trade/sector/hs2/86/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/sector/hs2/86/index.ld.json",
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  },
  "internalLinks": {
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    "platform": "https://www.yugalinks.com/platform",
    "methodology": "https://www.yugalinks.com/methodology",
    "dataSources": "https://www.yugalinks.com/data-sources",
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  "sector": {
    "hs2": "86",
    "name": "Railway equipment"
  },
  "coverage": {
    "firstDataYear": 1995,
    "latestDataYear": 2024,
    "yearsWithData": 30,
    "refreshedAt": "2026-07-20 09:34:08"
  },
  "answer": "The railway equipment sector recorded $49.0B in reported global trade in 2024, with +17.6% annual change.",
  "keyFigures": {
    "latestTradeUsd": 48991414072.06094,
    "latestAnnualChangePct": 17.593653300323293,
    "activeExporters": 189,
    "activeImporters": 199,
    "activeHs6Products": 23
  },
  "growthAndStructure": {
    "trendLabel": "Stable",
    "tradeCagr3yPct": 1.167800323130419,
    "tradeCagr5yPct": 6.317635602757199,
    "historicalPeakUsd": 48991414072.06094,
    "historicalPeakYear": 2024,
    "positiveGrowthYearSharePct": 82.75862068965517,
    "exporterConcentrationHhi": 2015.0698736450738,
    "importerConcentrationHhi": 1385.9161598740027,
    "tradeVolatilityCv": 0.4648518305053419
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      "year": 1995,
      "hs2": 86,
      "global_trade_usd": 8868512458.326504,
      "corridor_count": 3112,
      "active_hs6_count": 23
    },
    {
      "year": 1996,
      "hs2": 86,
      "global_trade_usd": 8499280021.370732,
      "corridor_count": 3291,
      "active_hs6_count": 23
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    {
      "year": 1997,
      "hs2": 86,
      "global_trade_usd": 8796695354.563662,
      "corridor_count": 3445,
      "active_hs6_count": 23
    },
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      "year": 1998,
      "hs2": 86,
      "global_trade_usd": 10981653086.562523,
      "corridor_count": 3532,
      "active_hs6_count": 23
    },
    {
      "year": 1999,
      "hs2": 86,
      "global_trade_usd": 10951650425.597643,
      "corridor_count": 3878,
      "active_hs6_count": 23
    },
    {
      "year": 2000,
      "hs2": 86,
      "global_trade_usd": 10866258772.486113,
      "corridor_count": 4200,
      "active_hs6_count": 23
    },
    {
      "year": 2001,
      "hs2": 86,
      "global_trade_usd": 11191255203.324041,
      "corridor_count": 4180,
      "active_hs6_count": 23
    },
    {
      "year": 2002,
      "hs2": 86,
      "global_trade_usd": 11187217630.265982,
      "corridor_count": 4479,
      "active_hs6_count": 23
    },
    {
      "year": 2003,
      "hs2": 86,
      "global_trade_usd": 15866842997.953564,
      "corridor_count": 4544,
      "active_hs6_count": 23
    },
    {
      "year": 2004,
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      "global_trade_usd": 20275285982.338165,
      "corridor_count": 4756,
      "active_hs6_count": 23
    },
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      "year": 2005,
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      "corridor_count": 4845,
      "active_hs6_count": 23
    },
    {
      "year": 2006,
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      "global_trade_usd": 23541941401.007053,
      "corridor_count": 5233,
      "active_hs6_count": 23
    },
    {
      "year": 2007,
      "hs2": 86,
      "global_trade_usd": 28949518828.35855,
      "corridor_count": 5213,
      "active_hs6_count": 23
    },
    {
      "year": 2008,
      "hs2": 86,
      "global_trade_usd": 34566991647.694,
      "corridor_count": 5369,
      "active_hs6_count": 23
    },
    {
      "year": 2009,
      "hs2": 86,
      "global_trade_usd": 25725499849.018497,
      "corridor_count": 5645,
      "active_hs6_count": 23
    },
    {
      "year": 2010,
      "hs2": 86,
      "global_trade_usd": 30963581470.141438,
      "corridor_count": 5562,
      "active_hs6_count": 23
    },
    {
      "year": 2011,
      "hs2": 86,
      "global_trade_usd": 39608009598.146126,
      "corridor_count": 5837,
      "active_hs6_count": 23
    },
    {
      "year": 2012,
      "hs2": 86,
      "global_trade_usd": 41563080873.40631,
      "corridor_count": 6131,
      "active_hs6_count": 23
    },
    {
      "year": 2013,
      "hs2": 86,
      "global_trade_usd": 37141798523.26316,
      "corridor_count": 6159,
      "active_hs6_count": 23
    },
    {
      "year": 2014,
      "hs2": 86,
      "global_trade_usd": 38638123585.179344,
      "corridor_count": 6354,
      "active_hs6_count": 23
    },
    {
      "year": 2015,
      "hs2": 86,
      "global_trade_usd": 34558975162.87702,
      "corridor_count": 6682,
      "active_hs6_count": 23
    },
    {
      "year": 2016,
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      "global_trade_usd": 30848088205.687798,
      "corridor_count": 6571,
      "active_hs6_count": 23
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    {
      "year": 2017,
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      "global_trade_usd": 34436004275.68761,
      "corridor_count": 6731,
      "active_hs6_count": 23
    },
    {
      "year": 2018,
      "hs2": 86,
      "global_trade_usd": 36932403376.66737,
      "corridor_count": 6720,
      "active_hs6_count": 23
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    {
      "year": 2019,
      "hs2": 86,
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      "corridor_count": 6910,
      "active_hs6_count": 23
    },
    {
      "year": 2020,
      "hs2": 86,
      "global_trade_usd": 31435217694.960846,
      "corridor_count": 6527,
      "active_hs6_count": 23
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    {
      "year": 2021,
      "hs2": 86,
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      "year": 2022,
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      "year": 2023,
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      "distance_km": 1226,
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      "refreshed_at": "2026-07-20 09:35:25",
      "exporter_name": "China",
      "importer_name": "China, Hong Kong Special Administrative Region"
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      "access_data_year": 2024,
      "distance_km": 524,
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      "mfn_tariff_pct": 0.036700996253086426,
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      "tariff_advantage_pp": 0.036700996253086426,
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      "importer_name": "Germany"
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      "active_hs6_count": 23,
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      "country_name": "Poland"
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      "export_partner_count": 90,
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      "country_name": "Czechia"
    },
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      "import_partner_count": 87,
      "active_hs6_count": 23,
      "country_name": "Italy"
    },
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      "year": 2024,
      "country_iso3": "FRA",
      "hs2": 86,
      "exports_usd": 1114493312.9829555,
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      "export_partner_count": 162,
      "import_partner_count": 101,
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      "country_name": "France"
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      "export_partner_count": 169,
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      "active_hs6_count": 23,
      "country_name": "USA, Puerto Rico and US Virgin Islands"
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      "year": 2024,
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      "country_name": "China, Hong Kong Special Administrative Region"
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      "country_name": "Germany"
    },
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      "trade_balance_usd": 2039415984.5633705,
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      "country_name": "Switzerland, Liechtenstein"
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      "export_partner_count": 162,
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      "country_name": "France"
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      "imports_usd": 1258298289.5529556,
      "trade_balance_usd": -784435942.2268982,
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      "active_hs6_count": 23,
      "country_name": "United Kingdom"
    },
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      "country_name": "Singapore"
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  ],
  "products": [
    {
      "hs_code": "860110",
      "product_name": "Rail locomotives: powered from an external source of electricity"
    },
    {
      "hs_code": "860120",
      "product_name": "Rail locomotives: powered by electric accumulators"
    },
    {
      "hs_code": "860210",
      "product_name": "Rail locomotives: diesel-electric powered"
    },
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      "hs_code": "860290",
      "product_name": "Rail locomotives and locomotive tenders: other than diesel-electric powered"
    },
    {
      "hs_code": "860310",
      "product_name": "Railway or tramway coaches, vans and trucks: self-propelled, powered from an external source of electricity (excluding those of heading no. 8604)"
    },
    {
      "hs_code": "860390",
      "product_name": "Railway or tramway coaches, vans and trucks: self-propelled, powered other than from an external source of electricity (excluding those of heading no. 8604)"
    },
    {
      "hs_code": "860400",
      "product_name": "Railway or tramway maintenance or service vehicles: whether or not self-propelled (eg workshops, cranes, ballast tampers, trackliners, testing coaches and track inspection vehicles)"
    },
    {
      "hs_code": "860500",
      "product_name": "Railway or tramway coaches: passenger coaches, luggage vans, post office coaches and other special purpose railway or tramway coaches, not self-propelled (excluding those of heading no. 8604)"
    },
    {
      "hs_code": "860610",
      "product_name": "Railway or tramway goods vans and wagons: tank wagons and the like, not self-propelled"
    },
    {
      "hs_code": "860620",
      "product_name": "Railway or tramway goods vans and wagons: insulated or refrigerated, not self-propelled, excluding those of item no. 8606.10"
    },
    {
      "hs_code": "860630",
      "product_name": "Railway or tramway goods vans and wagons: self-discharging, not self-propelled, excluding those of item no. 8606.10"
    },
    {
      "hs_code": "860691",
      "product_name": "Railway or tramway goods vans and wagons: covered and closed, not self-propelled"
    },
    {
      "hs_code": "860692",
      "product_name": "Railway or tramway goods vans and wagons: open, with non-removable sides of a height exceeding 60cm, not self-propelled"
    },
    {
      "hs_code": "860699",
      "product_name": "Railway or tramway goods vans and wagons: n.e.s. in heading no. 8606, not self-propelled"
    },
    {
      "hs_code": "860711",
      "product_name": "Railway or tramway locomotives or rolling stock: parts, driving bogies and bissel-bogies"
    },
    {
      "hs_code": "860712",
      "product_name": "Railway or tramway locomotives or rolling stock: parts, bogies and bissel-bogies (excluding driving bogies and bissel-bogies)"
    },
    {
      "hs_code": "860719",
      "product_name": "Railway or tramway locomotives or rolling stock: parts, axles and wheels, and parts thereof"
    },
    {
      "hs_code": "860721",
      "product_name": "Railway or tramway locomotives or rolling stock: parts, air brakes and parts thereof"
    },
    {
      "hs_code": "860729",
      "product_name": "Railway or tramway locomotives or rolling stock: parts, brakes (other than air brakes) and parts thereof"
    },
    {
      "hs_code": "860730",
      "product_name": "Railway or tramway locomotives or rolling stock: parts, hooks and other coupling devices, buffers and parts thereof"
    },
    {
      "hs_code": "860791",
      "product_name": "Railway or tramway locomotives: parts n.e.c. in heading no. 8607"
    },
    {
      "hs_code": "860799",
      "product_name": "Railway or tramway rolling stock: parts n.e.c. in heading no. 8607"
    },
    {
      "hs_code": "860800",
      "product_name": "Railway or tramway track fixtures and fittings: mechanical (including electro-mechanical) signalling, safety or traffic control equipment for railways, tramways, roads, inland waterways, parking facilities, port installations or airfields: parts thereof"
    },
    {
      "hs_code": "860900",
      "product_name": "Containers: (including containers for transport of fluids) specially designed and equipped for carriage by one or more modes of transport"
    }
  ],
  "methodology": {
    "reportedValues": "Merchandise trade observations aggregated to HS2.",
    "calculatedIndicators": "Growth, concentration, volatility, and peak comparisons calculated from reported observations.",
    "missingData": "Missing values remain unavailable and are not imputed."
  }
}