Key Market Indicators
Brazil's tractor import is expected to drop 6.2% by 2026 to reach around $45 million. This follows an average annual growth of 6.9% since 1994. In 2021, Brazil was the 67th largest importer, behind Ivory Coast which imported $64 million. The top three importers in 2021 were Canada, France and Germany. Brazil's tractor export is projected to rise 1.9% by 2026 to around $1.7 billion. This follows an average annual growth of 10% since 1994. In 2021, Brazil was the 11th largest exporter, behind Italy which exported $1.5 billion. The top three exporters in 2021 were Mexico, the Netherlands and the United States.
