High Tractors Exports by Nation 2020

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Tractor with grain mixer

Tractors exported from all international locations totaled US$45.6 billion in 2020. That greenback quantity displays a flatlining 1.2% acquire over the five-year interval beginning in 2016.

From 2019 to 2020, the worth of exported tractors fell by -19.1%.

The 5 largest exporters of tractors are Germany, Mexico, Netherlands, United States and France. Mixed, these 5 suppliers offered 57% of exported tractors in 2020. Such a excessive share signifies a concentrated group of tractor sellers.

From a continental perspective, suppliers in European international locations offered the best greenback price of exported tractors throughout 2020 with shipments valued at $32.4 billion or 57.4% of the worldwide whole. In second place have been North American exporters at 28.9% whereas 11.8% of worldwide tractors shipments originated from Asia. Smaller percentages got here from shippers in Latin America (1.4%) excluding Mexico however together with the Caribbean, Africa (0.3%), and Oceania (0.1%) led by Australia.

For analysis functions, the 4-digit Harmonized Tariff System code prefix for tractors is 8701. That sub-code excludes self-propelled work vehicles not fitted with lifting or dealing with tools of the sort utilized in factories, warehouses, dock areas, railway stations or airports for the brief distance transport of products.

High 15

Beneath are the 15 international locations that exported the best greenback worth price of tractors throughout 2020.

  1. Germany: US$7.7 billion (16.8% of whole exported tractors)
  2. Mexico: $6.5 billion (14.2%)
  3. Netherlands: $4.8 billion (10.5%)
  4. United States: $4 billion (8.7%)
  5. France: $3.1 billion (6.8%)
  6. Belgium: $2.1 billion (4.7%)
  7. Japan: $1.74 billion (3.8%)
  8. Italy: $1.74 billion (3.8%)
  9. United Kingdom: $1.46 billion (3.2%)
  10. Spain: $1.4 billion (3.1%)
  11. China: $1.33 billion (2.9%)
  12. Sweden: $1.23 billion (2.7%)
  13. Turkey: $1 billion (2.3%)
  14. Austria: $991.3 million (2.2%)
  15. Brazil: $740 million (1.6%)

By worth, the listed 15 international locations shipped 87.3% of worldwide exported tractors in 2020.

Among the many high exporters, there have been solely 2 that grew their worldwide gross sales of tractor since 2019, specifically Spain (up 21%) and Italy (up 6.2%).

These international locations that posted declines of their worldwide gross sales of tractors have been led by: Mexico (down -35.9%), United States (down -34%), Sweden (down -25.4%), Turkey (down -23.7%) and the Netherlands (down -23.5%).

Benefits

The next international locations posted the best optimistic web exports for tractors throughout 2020. Investopedia defines web exports as the worth of a rustic’s whole exports minus the worth of its whole imports. Thus, the statistics beneath current the excess between the worth of every nation’s exported tractors and its import purchases for that very same commodity.

  1. Mexico: US$6.2 billion (web export surplus down -35.7% since 2019)
  2. Germany: $5.2 billion (down -9.3%)
  3. Netherlands: $3.9 billion (down -23.2%)
  4. Japan: $1.5 billion (down -3.5%)
  5. Belgium: $1.3 billion (down -4.2%)
  6. China: $983.2 million (down -8.7%)
  7. Sweden: $966.6 million (down -27.4%)
  8. India: $669.3 million (down -8.6%)
  9. Brazil: $629.2 million (down -0.4%)
  10. Turkey: $501.4 million (down -57.1%)
  11. Finland: $464.2 million (down -7.8%)
  12. Belarus: $438.8 million (down -7.3%)
  13. South Korea: $419 million (up 20.5%)
  14. Spain: $285.4 million (reversing a -$243.1 million deficit)
  15. France: $221.6 million (reversing a -$249.7 million deficit)

Overtaking Germany in 2018, Mexico earned the best surplus within the worldwide commerce of tractors. In flip, this optimistic cashflow confirms Mexico’s sturdy aggressive benefit for this particular product class.

Alternatives

The next international locations posted the best damaging web exports for tractors throughout 2020. Investopedia defines web exports as the worth of a rustic’s whole exports minus the worth of its whole imports. Thus, the statistics beneath current the deficit between the worth of every nation’s imported tractors purchases and its exports for that very same commodity.

  1. United States: US-$5.9 billion (web export deficit down -20.2% since 2019)
  2. Canada: -$2 billion (down -43.2%)
  3. Russia: -$981.9 million (down -19.9%)
  4. Poland: -$901.7 million (up 12.5%)
  5. Australia: -$835.5 million (up 5.7%)
  6. Ukraine: -$515.8 million (down -15%)
  7. Romania: -$483.2 million (down -25.5%)
  8. Czech Republic: -$434.9 million (down -19.3%)
  9. United Kingdom: -$369.8 million (up 372.6%)
  10. Switzerland: -$345 million (down -1.1%)
  11. Portugal: -$332 million (down -23.8%)
  12. Hungary: -$324.1 million (down -22.3%)
  13. Saudi Arabia: -$320.4 million (up 50%)
  14. Argentina: -$280.8 million (up 12.2%)
  15. Egypt: -$279.3 million (down -15.9%)

The US of America incurred the best deficit within the worldwide commerce of tractors. In flip, this damaging cashflow highlights America’s aggressive drawback for this particular product class but additionally alerts alternatives for tractors-supplying international locations that assist fulfill the highly effective demand.

Corporations

Beneath are world tractors-processing companies that signify established gamers engaged within the worldwide commerce of tractors. The house nation for every enterprise is proven inside parenthesis.

  • AGCO Company (United States)
  • Agrale (Brazil)
  • Agria Hispania (Spain)
  • Antonio Carraro (Italy)
  • Baodong (China)
  • Fendt (Germany)
  • Iseki & Co, Ltd (Japan)
  • Lundberg Hymas AB (Sweden)
  • Ontop Tractors Ltd (United Kingdom)
  • Terrateck (France)

The 100 main suppliers of tractors within the following automated database signify 99.99% of revenues from globally exported tractors throughout 2020.

Rank Exporter Tractor Exports (US$) 2019-20
1. Germany $7,654,746,000 -12.5%
2. Mexico $6,502,373,000 -35.9%
3. Netherlands $4,776,339,000 -23.5%
4. United States $3,976,145,000 -34%
5. France $3,094,219,000 -14.2%
6. Belgium $2,142,946,000 -17.4%
7. Japan $1,744,012,000 -7.1%
8. Italy $1,735,979,000 +6.2%
9. United Kingdom $1,461,472,000 -5.4%
10. Spain $1,412,359,000 +21%
11. China $1,328,962,000 -7.3%
12. Sweden $1,234,977,000 -25.4%
13. Turkey $1,034,037,000 -23.7%
14. Austria $991,287,000 -1.1%
15. Brazil $740,003,000 -3%
16. Poland $730,893,000 -18.5%
17. India $727,117,000 -9.4%
18. South Korea $712,531,000 +11.2%
19. Finland $634,053,000 -7.7%
20. Belarus $521,456,000 -16.6%
21. Canada $407,565,000 -17.9%
22. Thailand $347,788,000 -6.1%
23. Czech Republic $181,377,000 -8.3%
24. Lithuania $178,360,000 -23.5%
25. South Africa $150,267,000 -8.6%
26. Bulgaria $125,489,000 -24.3%
27. Slovakia $111,766,000 -19.2%
28. Hungary $101,638,000 +15.1%
29. Slovenia $92,128,000 -11%
30. Russia $82,916,000 -8.5%
31. Romania $80,598,000 -15.4%
32. Denmark $76,786,000 +20.9%
33. Indonesia $62,034,000 -26.5%
34. Switzerland $50,757,000 +5.4%
35. Luxembourg $49,474,000 +12.4%
36. Norway $38,218,000 +18.7%
37. Pakistan $33,984,000 +27%
38. Australia $33,480,000 -42.8%
39. Malaysia $27,882,000 -6.5%
40. Estonia $26,486,000 -34.3%
41. Latvia $22,961,000 -17%
42. Portugal $22,185,000 -31.9%
43. Croatia $20,233,000 -44.3%
44. Vietnam $15,626,000 +7.3%
45. Serbia $15,271,000 +28.5%
46. Eire $13,932,000 -8.6%
47. Singapore $12,272,000 -40%
48. Jordan $10,856,000 +913.6%
49. Namibia $9,398,000 +24%
50. United Arab Emirates $8,872,000 -90.2%
51. Qatar $5,219,000 +38.3%
52. Bosnia/Herzegovina $4,914,000 -27.7%
53. Ukraine $4,811,000 +2.5%
54. Kenya $4,639,000 -69.6%
55. Kazakhstan $4,260,000 +478.8%
56. Kyrgyzstan $3,082,000 -39.9%
57. Zambia $3,026,000 +27.6%
58. Greece $2,852,000 -27.8%
59. Uganda $2,692,000 -24.2%
60. Moldova $2,501,000 +85.1%
61. North Macedonia $2,180,000 +65.3%
62. Costa Rica $2,131,000 +158.9%
63. Peru $1,433,000 -75.3%
64. Taiwan $1,327,000 -68.1%
65. Colombia $1,297,000 -59.3%
66. French S./ Antarctic Terr $966,000 0%
67. Oman $954,000 +1808%
68. Senegal $913,000 -51.9%
69. Uzbekistan $866,000 -94.6%
70. El Salvador $805,000 +173.8%
71. Bolivia $716,000 -65.9%
72. Chile $693,000 -74.7%
73. Morocco $677,000 +101.5%
74. New Zealand $634,000 -39.6%
75. Armenia $622,000 +1052%
76. Andorra $597,000 -50%
77. Uruguay $582,000 +32.9%
78. Iran $564,000 -90.5%
79. Nicaragua $482,000 +92.8%
80. Guatemala $480,000 -3.2%
81. Botswana $475,000 -9.7%
82. Mauritania $460,000 0%
83. Zimbabwe $459,000 +240%
84. Malawi $442,000 -27.3%
85. Togo $370,000 -81.1%
86. Mauritius $358,000 +35700%
87. Montenegro $354,000 +94.5%
88. Mozambique $311,000 -89%
89. Honduras $276,000 -60.5%
90. Eswatini $264,000 -58.6%
91. Paraguay $262,000 +359.6%
92. Myanmar $249,000 +232%
93. Lebanon $244,000 -41.1%
94. Ecuador $233,000 +264.1%
95. Benin $212,000 +116.3%
96. Tajikistan $197,000 -50.8%
97. Cyprus $196,000 +69%
98. Israel $196,000 -71.1%
99. Tanzania $195,000 -82.3%
100. Belize $184,000 +48.4%

You’ll be able to change the presentation order by clicking the triangle icon on the high of the columns. An entry of 0% within the right-most column implies that 2019 information was unavailable.

See additionally Automotive Exports by Nation, Truck Exports by Nation and Bike Exports by Nation

Analysis Sources:
Central Intelligence Company, The World Factbook Area Itemizing: Exports – Commodities. Accessed on September 17, 2021

Worldwide Commerce Centre, Commerce Map. Accessed on September 17, 2021

Investopedia, Web Forbes World 2000 rankings, The World’s Greatest Public Corporations. Accessed on September 17, 2021

Investopedia, Web Exports Definition. Accessed on September 17, 2021

Wikipedia, Record of tractor producers. Accessed on September 17, 2021

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