Key Market Indicators
Exports of tractors from Nicaragua are expected to reach $1.1 million by 2026, up 3.6% on average each year from 2021's figure of $847,040. Since 1998, the supply of tractors from Nicaragua has increased by almost 40%. In 2021, Nicaragua ranked 77th, with Ivory Coast overtaking with $847,040. Mexico, the Netherlands and the US were the top three countries in the ranking. Imports of tractors to Nicaragua are forecast to reach $18.3 million by 2026, down 0.3% on average each year from 2021's figure of $18,645,000. Since 1998, demand for tractors in Nicaragua has decreased by 3.3%. In 2021, Nicaragua ranked 99th, with Honduras overtaking with $18,645,000. Canada, France and Germany were the top three countries in the ranking.
