Key Market Indicators
Lebanese exports of tractors plummeted by 46.3% in 2021, reaching $36,010 compared to the $67,070 registered in 2020. This marks a 22% decrease from the 2002 figure. Lebanon ranked 115th in the world, with Armenia ahead at $36,010. Mexico, the Netherlands and the United States ranked second, third and fourth respectively. Lebanese tractor imports are forecast to drop by 3.7% year on year CAGR, reaching $4,253,400 by 2026. This is a 9.4% decrease from the 2002 figure. Lebanon was ranked 113th in the world in 2021, with Suriname ahead at $5,308,100. Canada, France and Germany ranked second, third and fourth respectively.
