In 2023, Germany leads the global export of ploughs, valued at $126.48 million, witnessing a modest growth of 3.13%. Key players such as France, Norway, and the United States showed varied performances with France having a minor rise of 0.73%, Norway a decline of 1.12%, and the U.S. witnessing a decrease of 0.75%. Notably, Russia, Bulgaria, and Belgium experienced positive growth trends at 5.31%, 3.9%, and 6.62%, respectively. Countries like Chile and Singapore posted remarkable growth rates of 106.15% and 11.46%, contrasting with significant declines in Israel and Canada.
Future trends to watch include the impact of technological innovations and sustainability efforts on export strategies, advancements in agricultural practices, geopolitical developments affecting trade policies, and the influence of economic recovery on global demand for agricultural machinery.
Top countries in Export of Ploughs by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 126,480,000 | 2023 | +3.24% | +3.13% | View data |
| 2 | 2 France | 69,542,000 | 2023 | +1.36% | +0.73% | View data |
| 3 | 3 Norway | 56,859,000 | 2023 | -0.13% | -1.12% | View data |
| 4 | 4 Czech Republic | 29,656,000 | 2023 | +5.17% | +1.93% | View data |
| 5 | 5 United States | 20,793,000 | 2023 | -1.2% | -0.75% | View data |
| 6 | 6 Italy | 20,413,000 | 2023 | +2.56% | +1.73% | View data |
| 7 | 7 China | 19,193,000 | 2023 | +2.06% | +2.48% | View data |
| 8 | 8 Sweden | 16,323,000 | 2023 | -1.26% | -1.71% | View data |
| 9 | 9 Hungary | 14,616,000 | 2023 | +1.26% | -1.01% | View data |
| 10 | 10 India | 12,612,000 | 2023 | +3.42% | +2.3% | View data |