Key Market Indicators
Sri Lankan tractor imports are projected to reach around $32 million by 2026, down from $36 million in 2021. This is a decrease of 2.1% year-on-year on average. Since 1999, demand for tractor imports in Sri Lanka has dropped by nearly 15%. In 2021, the country was ranked 86th, overtaken by Macedonia at $36 million. Canada, France, and Germany were ranked 2nd, 3rd, and 4th respectively. Sri Lankan tractor exports are expected to reach $274,110 by 2026, up from $251,100 in 2021. This is an increase of 1.4% year-on-year on average. Since 1999, supply of tractor exports in Sri Lanka has decreased by 10.2%. In 2021, the country was ranked 96th, overtaken by Kazakhstan at $251,100. Mexico, the Netherlands, and the United States were ranked 2nd, 3rd, and 4th respectively.