Key Market Indicators
Belgian tractor exports are estimated to reach around $2.5 billion by 2026, up 0.4% annually since 2021. This is a 2.5% increase since 2004. In 2021, Belgium was ranked 6th in terms of exports, with France taking the lead with $2.4 billion. Mexico, the Netherlands, and the United States held the 2nd, 3rd, and 4th spots respectively. Belgian tractor imports are expected to hit around $1.5 billion by 2026, a 0.8% annual increase since 2021. Since 2004, imports have increased by 3.4%. By 2021, Belgium was ranked 10th with Spain leading the way with $1.4 billion. Canada, France, and Germany held the 2nd, 3rd, and 4th spots, respectively.
