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Electric locomotives: top exporters and importers (2024)

In 2024, world trade in electric locomotives totaled $1.5 billion (51 thousand tonnes). Germany accounted for 56% of exports, followed by Spain (12%) and France (8%); the top importers were Sweden (25%), Germany (9%) and Switzerland (8%). Compared with 2019, the value rose 29%.

Summary

World trade
$1.5billion
Tonnes
51thousand tonnes
Price per tonne
$29,299
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. Germany$845 million · 56.3%
  2. Spain$178 million · 11.9%
  3. France$115 million · 7.7%
  4. China$73 million · 4.9%
  5. Japan$63 million · 4.2%
  6. Mexico$38 million · 2.5%
  7. Romania$31 million · 2.1%
  8. Poland$29 million · 1.9%
  9. South Korea$27 million · 1.8%
  10. Austria$12 million · 0.82%
  11. Norway$11 million · 0.76%
  12. Czechia$11 million · 0.71%
  13. Switzerland$10 million · 0.63%
  14. United Kingdom$9 million · 0.59%
  15. Italy$7 million · 0.45%
  16. Slovakia$6 million · 0.37%
  17. Netherlands$5 million · 0.36%
    re-exports
  18. Hong Kong$4 million · 0.26%
    re-exports
  19. Bulgaria$4 million · 0.25%
  20. United States$3 million · 0.23%

Top importers

  1. Sweden$373 million · 24.8%
  2. Germany$135 million · 9%
  3. Switzerland$125 million · 8.3%
  4. Czechia$77 million · 5.1%
  5. Israel$76 million · 5.1%
  6. Portugal$73 million · 4.8%
  7. Taiwan$63 million · 4.2%
  8. Belgium$60 million · 4%
    re-exports
  9. Singapore$49 million · 3.2%
    re-exports
  10. Poland$47 million · 3.1%
  11. Slovakia$43 million · 2.9%
  12. Luxembourg$42 million · 2.8%
  13. Austria$39 million · 2.6%
  14. New Zealand$38 million · 2.5%
  15. Bulgaria$34 million · 2.3%
  16. Hong Kong$33 million · 2.2%
    re-exports
  17. Finland$32 million · 2.1%
  18. Tanzania$27 million · 1.8%
  19. Romania$22 million · 1.5%
  20. Indonesia$20 million · 1.3%

Trend

Who sells it

Germany has been the top exporter since 2016

Value in USD millions. The five largest exporters in 2024.

  • Germany 845
  • Spain 178
  • France 115
  • China 73.2
  • Japan 63

Source: CEPII BACI

Show the numbers
Country19952024
Germany7.9845
Spain1.3178
France45.8115
China073.2
Japan0.1963

Price

Implied price

The price per tonne rose 109% since 1995

Current US dollars per tonne: value over the weight reported by BACI.

  • 2024: $29,299

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$14,007
1996$5,426
1997$10,772
1998$12,123
1999$9,228
2000$16,922
2001$14,017
2002$1,240
2003$6,624
2004$20,744
2005$19,603
2006$15,513
2007$17,296
2008$24,735
2009$25,007
2010$28,030
2011$38,331
2012$17,400
2013$12,796
2014$15,487
2015$11,346
2016$15,151
2017$19,224
2018$30,860
2019$28,176
2020$25,241
2021$20,746
2022$27,657
2023$21,745
2024$29,299

What it includes

  • 8601 · Electric locomotives

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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