In 2023, Germany and the United States led the global export market for parts of agricultural machinery, with Belgium, China, and Canada trailing. Notable yearly growth in exports was observed in China, Singapore, and Bulgaria. Brazil also showed strong gains. Conversely, Japan, Austria, and Denmark experienced declines. Noteworthy is Zambia's staggering growth of 135.01%, while Azerbaijan also saw significant increases. However, Colombia, Luxembourg, and the UAE saw substantial reductions in their export values.
Looking ahead, global exports of agricultural machinery parts may be influenced by technological advancements, increased automation, and sustainable agricultural practices. Watch for economic conditions, geopolitical factors, and regulatory changes impacting trade dynamics.
Top countries in Export of Parts of Agricultural Machinery by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 873,040,000 | 2023 | +1.27% | +0.88% | View data |
| 2 | 2 United States | 852,830,000 | 2023 | +1.32% | +1.57% | View data |
| 3 | 3 Belgium | 663,010,000 | 2023 | +3.81% | +2.22% | View data |
| 4 | 4 China | 581,560,000 | 2023 | +3.55% | +3.69% | View data |
| 5 | 5 Canada | 432,390,000 | 2023 | +2.1% | +0.87% | View data |
| 6 | 6 Netherlands | 341,080,000 | 2023 | +2.17% | +3.31% | View data |
| 7 | 7 Italy | 321,970,000 | 2023 | +1.97% | +1.89% | View data |
| 8 | 8 Hungary | 284,660,000 | 2023 | +1.74% | +0.84% | View data |
| 9 | 9 Czech Republic | 258,350,000 | 2023 | +3.51% | +0.55% | View data |
| 10 | 10 France | 252,240,000 | 2023 | +0.89% | +0.94% | View data |
