Key Market Indicators
Exports of tractors from Montenegro are projected to reach nearly $286 million by 2026, a 0.5% decrease from the 2021 figure of $295 million. Since 2011, Montenegro's supply of tractors has grown 0.5% each year. In 2021, Montenegro's ranking was 93rd, with Burkina Faso in the 92nd spot at $295 million. Mexico, the Netherlands and the United States were the number 2, 3 and 4 exporters respectively. Imports of tractors to Montenegro are projected to reach nearly $12 million by 2026, a 2.4% increase from the 2021 figure of $10.2 million. Since 2011, Montenegro's demand for tractors has grown 6.8% annually. In 2021, Montenegro's ranking was 105th, with Bahrain in the 104th spot at $10.2 million. Canada, France and Germany respectively were the number 2, 3 and 4 importers.
