Key Market Indicators
Mongol Tractor Export is projected to reach $43 million by 2026, down 18% year-on-year from 2021’s $130 million. Since 2002, the country’s supply has dropped by almost 38%. In 2021, Mongolia ranked 103rd in tractor exports, overtaken by Fiji’s $130 million. Mexico, the Netherlands and the US were the top three countries. Mongol Tractor Import is expected to total $553 million by 2026, a 24% decrease year-on-year from 2021’s $2.5 billion. Since 2001, the country’s demand has decreased by 16%. In 2021, Mongolia ranked 122nd in tractor imports, overtaken by Rwanda’s $2.5 billion. Canada, France and Germany made up the top three countries.
