In 2023, Germany, France, and China were the top exporters of ploughs with Germany leading the exports at over 11 million kilograms. Notably, Germany and China both saw a year-on-year increase of around 3.7%, aligning with a general upward trend observed in European countries like Italy and Spain. Conversely, economies like Norway and Poland have experienced a slight decline. Emerging markets such as Zimbabwe and Asian nations like Malaysia and Singapore show mixed trajectories, with Singapore seeing significant growth at 13.67%. This market displays volatility, underscored by sharp declines in countries like Lithuania and Israel.
Future trends to monitor include the potential impact of advancements in farming technology and equipment export policies. Sustainability demands and geopolitical factors may also influence export dynamics, particularly in regions experiencing socio-political shifts or climate impacts. Attention should be paid to the Asian and African markets for emerging opportunities and challenges.
Top countries in Export of Ploughs by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 11,026,000 | 2023 | +3.14% | +3.69% | View data |
| 2 | 2 France | 9,296,900 | 2023 | +0.95% | +0.65% | View data |
| 3 | 3 China | 8,177,500 | 2023 | +3.72% | +3.7% | View data |
| 4 | 4 Norway | 6,096,200 | 2023 | -1.17% | -1.78% | View data |
| 5 | 5 Italy | 4,630,800 | 2023 | +2.8% | +2.91% | View data |
| 6 | 6 Czech Republic | 4,331,900 | 2023 | +4.97% | +2.65% | View data |
| 7 | 7 Poland | 2,541,800 | 2023 | +2.74% | -0.61% | View data |
| 8 | 8 Sweden | 1,722,100 | 2023 | -2.76% | -3.05% | View data |
| 9 | 9 India | 1,656,200 | 2023 | +2.87% | +1.85% | View data |
| 10 | 10 Russia | 1,571,200 | 2023 | +5.1% | +5.13% | View data |
