Key Market Indicators
By 2026, Azerbaijani Tractor Import is predicted to reach $94 million, up from $79 million in 2021. This is a 2.9% year-on-year average rate of growth since 2001. Last year, Azerbaijan was the 62nd largest importer of tractors, with Cambodia ranking ahead at $79 million. Canada, France and Germany placed second, third, and fourth, respectively. Azerbaijani Tractor Export is expected to decline to $276 thousand in 2026 from $324 thousand in 2021, representing a 2.3% year-on-year CAGR. Since 2001, Azerbaijani supply has dropped by 2.6% year-on-year. In 2021, Azerbaijan was the 90th largest exporter of tractors, with Malawi overtaking with $324 thousand. Mexico, the Netherlands, and the United States followed in the rankings at second, third, and fourth, respectively.
