Key Market Indicators
The import and export of tractors in India is expected to reach $74 million by 2026, up from $59 million in 2021. This marks a 3.5% average year-on-year growth rate since 1993, when demand increased by 18%. India was ranked 74th in 2021, with Tunisia ahead at $59 million. Canada, France, and Germany were ranked second, third, and fourth, respectively. India's export of tractors is predicted to reach $1.2 billion by 2026, up from $1.0 billion in 2021. This reflects a 2.2% average year-on-year growth rate since 1993. India was ranked 15th in 2021, with Spain in the lead at $1.0 billion. Mexico, the Netherlands, and the United States were ranked second, third, and fourth, respectively.