Key Market Indicators
Belarusian exports of tractors are projected to reach $418 million by 2026, down from $513 million in 2021. This marks an average annual decrease of 3.4%. Since 2003, supply has risen by an average of 1.5% each year. In 2021, Belarus placed 19th in the ranking of countries for exports, with South Korea taking the lead at $513 million. Mexico, the Netherlands and the United States held the second, third and fourth positions respectively. Belarusian imports of tractors are forecast to reach $237 million in 2026, up from $206 million in 2021. This is an average annual growth rate of 2.2%. Since 2003, demand has increased by 21% year on year. In 2021, the country ranked 41st in the ranking of countries for imports, with Egypt taking the lead at $206 million. Canada, France and Germany held the second, third and fourth positions respectively.
