Key Market Indicators
Indonesian exports of tractors are predicted to surge to $110 million by 2026, up 3.9% annually from $87 million in 2021. The country saw a 7.3% yearly increase since 1994. In 2021, Indonesia was the 28th largest exporter, with Hungary taking the lead at $87 million. Mexico, the Netherlands, and the United States placed second, third, and fourth, respectively. Meanwhile, Indonesian imports of tractors are anticipated to reach $215 million by 2026, up 2.9% year on year from $181 million in 2021. Since 1994, the country had a 13.2% yearly growth. In 2021, Thailand was the 46th largest importer, surpassing Indonesia at $181 million. Canada, France, and Germany took the second, third, and fourth spots, respectively.