Key Market Indicators
Japan is set to be one of the leading countries in the global tractor market. Imports are expected to reach around $337 million by 2026, a 2.2% increase from 2021. Since 1993, imports have grown 6.8% year on year. In 2021, Japan was ranked 35th, with South Africa overtaking them at $296 million. Canada, France, and Germany followed in second, third, and fourth place respectively. Exports are expected to reach $1.88 billion by 2026, a 0.2% year on year growth from 2021. Since 1993, exports have grown 1.9% year on year. In 2021, Japan was ranked 8th, with Sweden overtaking them at $1.86 billion. Mexico, the Netherlands, and the United States followed in second, third, and fourth place respectively.
