Germany leads the tractor export market with $8.37 billion, followed by Mexico at $5.49 billion and the Netherlands at $5.26 billion. The United States and France show significant market positions with $3.97 billion and $3.3 billion respectively. Over the past two years, Germany and Mexico have shown impressive year-on-year growth. The 5-year CAGR reveals steady growth for all top exporters, reflecting the continuous global demand for tractors.
Future trends to watch include:
- Increasing demand in emerging markets, potentially shifting export dynamics.
- Technological advancements in tractor manufacturing enhancing export value.
- Environmental regulations leading to innovations for cleaner machinery.
- Geopolitical shifts influencing trade agreements and tariffs.
Top countries in Top Exporters of Tractors
| # | 10 Countries | Million US Dollars | Last Year | |
|---|---|---|---|---|
| 1 | 1 Germany | 8,370 | 2016 | |
| 2 | 2 Mexico | 5,490 | 2016 | |
| 3 | 3 Netherlands | 5,260 | 2016 | |
| 4 | 4 United States | 3,970 | 2016 | |
| 5 | 5 France | 3,300 | 2016 | |
| 6 | 6 Belgium | 2,180 | 2016 | |
| 7 | 7 Japan | 1,690 | 2016 | |
| 8 | 8 Italy | 1,680 | 2016 | |
| 9 | 9 Sweden | 1,490 | 2016 | |
| 10 | 10 United Kingdom | 1,460 | 2016 |
