The global export of agricultural, horticultural, or forestry machinery is led by Germany, with significant contributions from Italy and China. The highest growth rates over the past year were noted in Cyprus and Macedonia, indicating burgeoning markets. Meanwhile, countries such as Argentina, Ukraine, and Egypt experienced notable declines. Despite these fluctuations, Germany maintains its dominance with the largest export value, reflecting its strong manufacturing base and well-established market channels. The average compound annual growth rate over the past five years suggests steady expansion for leading countries despite economic and geopolitical challenges.
Future trends to watch include advancements in automation and technological innovation, which are likely to drive demand globally. Additionally, growing environmental concerns and the emphasis on sustainable agriculture may shape the development and export dynamics of this machinery. Keeping an eye on emerging markets, particularly in Asia and Africa, could reveal significant growth potential in this sector.
Top countries in Export of Agricultural, Horticultural or Forestry Machinery by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,780,400,000 | 2023 | +2.86% | +2.61% | View data |
| 2 | 2 Italy | 928,520,000 | 2023 | +1.57% | +1.21% | View data |
| 3 | 3 China | 902,910,000 | 2023 | +3.49% | +3.4% | View data |
| 4 | 4 United States | 695,280,000 | 2023 | +0.12% | +0.29% | View data |
| 5 | 5 France | 569,380,000 | 2023 | +1.69% | +1.16% | View data |
| 6 | 6 Netherlands | 469,170,000 | 2023 | +3.36% | +2.28% | View data |
| 7 | 7 Canada | 432,020,000 | 2023 | +0.8% | +0.0079% | View data |
| 8 | 8 Sweden | 293,580,000 | 2023 | +1.98% | +0.77% | View data |
| 9 | 9 Czech Republic | 277,930,000 | 2023 | +3.4% | +2.56% | View data |
| 10 | 10 Poland | 239,150,000 | 2023 | +2.9% | -1.59% | View data |
