Key Market Indicators
Latvian exports of tractors are expected to reach $59.4 million by 2026, up 2.5% year-on-year on average. This is a 6.3% increase compared to 1999. In 2021, the United Arab Emirates was the leader, with $50.7 million, with Latvia in 34th place. Mexico, the Netherlands, and the United States followed closely behind, in 2nd, 3rd, and 4th places, respectively. Latvian imports of tractors are also expected to reach $231 million by 2026, growing at an average of 2.5% year-on-year. This is an 8.5% increase compared to 1999. Morocco was the leader in 2021, with $197.5 million, with Latvia in 43rd place. Canada, France, and Germany followed closely behind, in 2nd, 3rd, and 4th places, respectively.
