In 2024, global tractor exports are led by Mexico at $10.025 billion, followed by Germany at $9.873 billion and the Netherlands at $7.1563 billion. The United States, France, and Belgium round out the top six, contributing significantly to the overall export values. Mexico and Sweden saw notable increases of around 2.4% and 2.36%, respectively. Meanwhile, United States exports fell slightly by 0.33%, with Belgium experiencing a decline of 1.61%. Growth was observed in several other countries including China (2.06%) and India (2.28%), while significant declines were noted in Belarus (-4.01%) and Russia (-4.14%).
Key long-term trends to watch include:
- Continued growth in Asian markets like China, India, and South Korea.
- Potential for higher export growth from smaller countries with sharp 2023 increases, such as Chile (9.79%) and Colombia (32.2%).
- Decreasing export activity in countries facing economic or geopolitical challenges, notably Belarus and Russia.
- Monitoring the impacts of technological advancements and environmental regulations on the overall export landscape.
Top countries in Export of Tractors by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Mexico | 10,025,000,000 | 2023 | +3.66% | +2.44% | View data |
| 2 | 2 Germany | 9,873,000,000 | 2023 | +1.05% | +0.79% | View data |
| 3 | 3 Netherlands | 7,156,300,000 | 2023 | +2.66% | +2.23% | View data |
| 4 | 4 United States | 5,750,400,000 | 2023 | +1.01% | -0.33% | View data |
| 5 | 5 France | 4,235,400,000 | 2023 | +1.88% | +0.99% | View data |
| 6 | 6 Belgium | 2,481,700,000 | 2023 | +0.56% | -1.61% | View data |
| 7 | 7 Sweden | 2,265,800,000 | 2023 | +2.01% | +2.36% | View data |
| 8 | 8 Japan | 1,868,800,000 | 2023 | +0.22% | +0.22% | View data |
| 9 | 9 United Kingdom | 1,761,300,000 | 2023 | +0.51% | -0.16% | View data |
| 10 | 10 China | 1,614,200,000 | 2023 | +2.44% | +2.06% | View data |
