Key Market Indicators
British tractor exports are forecast to hit $1.8 billion by 2026, according to figures from 2021. This is a 0.4% annual average growth rate since 1998, when exports rose by 3.6% year on year. In 2021, the UK was the ninth biggest exporter, behind Japan who led the way with $1.7 billion. Mexico, the Netherlands and the US were the next three biggest exporters. On the other hand, British imports of tractors are set to reach $1.7 billion by 2026. This is a 0.9% annual average growth rate since 1998, when demand rose by 0.8% year on year. In 2021, the UK was the eighth biggest importer, behind Russia which imported $1.6 billion. Canada, France and Germany were the next three biggest importers.
