Key Market Indicators
Bolivia is set to experience an increase in tractor exports over the next five years, reaching $4.5 million by 2026. This represents a 4% year-on-year growth since 1997. In 2021, Bolivian tractor exports ranked 59th, overtaken by Zambia at $3.5 million. Mexico, the Netherlands and the United States respectively ranked second, third and fourth. Meanwhile, Bolivian tractor imports are expected to decline by 1.2% year-on-year CAGR, reaching $81.9 million by 2026. This is a 5.1% drop since 1997. In 2021, Bolivia ranked 60th, overtaken by Ethiopia at $88 million. Canada, France and Germany respectively ranked second, third and fourth.
