Germany leads the global export market in agricultural, horticultural, and forestry machinery, accounting for 19.68% of exports. Notable exporters include Italy, China, and the United States, with shares of 10.27%, 9.98%, and 7.69%, respectively. Germany and China showed strong year-on-year growth of 2.61% and 3.4%, indicating competitive dynamics within the sector. Emerging economies such as India experienced notable growth at 3.32%, while countries like Argentina and Egypt faced significant declines. The CAGR for countries varied, reflecting diverse market conditions globally.
Future trends to watch include the potential for increased automation and advanced technology integration, which could drive exports for technology-leading countries. Additionally, sustainability practices are likely to shape future demand in the agricultural machinery sector, impacting global export dynamics.
Top countries in Export of Agricultural, Horticultural or Forestry Machinery Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 19.68 | 2023 | +2.86% | +2.61% | View data |
| 2 | 2 Italy | 10.27 | 2023 | +1.57% | +1.21% | View data |
| 3 | 3 China | 9.98 | 2023 | +3.49% | +3.4% | View data |
| 4 | 4 United States | 7.69 | 2023 | +0.12% | +0.29% | View data |
| 5 | 5 France | 6.29 | 2023 | +1.69% | +1.16% | View data |
| 6 | 6 Netherlands | 5.19 | 2023 | +3.36% | +2.28% | View data |
| 7 | 7 Canada | 4.78 | 2023 | +0.8% | +0.0079% | View data |
| 8 | 8 Sweden | 3.25 | 2023 | +1.98% | +0.77% | View data |
| 9 | 9 Czech Republic | 3.07 | 2023 | +3.4% | +2.56% | View data |
| 10 | 10 Poland | 2.64 | 2023 | +2.9% | -1.59% | View data |
