Key Market Indicators
Austria's tractor imports and exports are both on the rise. Imports are forecast to hit $990 million by 2026, growing at an annual rate of 1.4% since 2021. This marks a 6.4% yearly increase since 1999. In 2021, Austria was ranked 14th in the world for imports, overtaken by Lithuania at $906 million. Canada, France and Germany ranked 2nd, 3rd and 4th respectively. Meanwhile, Austrian tractor exports are predicted to reach $1.3 billion by 2026, with a 1.5% annual growth rate since 2021. That's a 7.7% yearly rise since 1999. Austria was 13th in 2021, surpassed by China at $1.17 billion. Mexico, the Netherlands and the United States ranked 2nd, 3rd and 4th respectively.