Key Market Indicators
Togo's tractor import is projected to reach $10.1 million by 2026, up from $9.1 million in 2021. This growth rate averages 1.7% annually. Since 1999, Togo's demand for tractors has decreased by 0.8% each year. In 2021, Benin overtook Togo as the 107th largest importer of tractors, with $9.1 million. Canada, France and Germany ranked second, third and fourth in this ranking. Meanwhile, Togo's tractor export is expected to reach $5.6 million by 2026, up from $4.4 million in 2021. This growth rate averages 3.8% annually. Since 1999, Togo's tractor supply has increased 6% each year. In 2021, Peru overtook Togo as the 56th largest exporter of tractors, with $4.4 million. Mexico, the Netherlands and the United States ranked second, third and fourth in this ranking.