Top Tractors Exports by Country

Tractor with grain mixer (courtesy of Pixabay.com)

Tractor with grain mixer

Tractors exported from all countries totaled US$58.8 billion in 2018. That dollar amount reflects a 4.7% gain over the five-year period starting in 2014. Year over year, the value of exported tractors increased 17.9% from 2017 to 2018.

From a continental perspective, European countries sold the highest dollar worth of exported tractors during 2018 with shipments valued at $34.2 billion or 58.1% of the global total. In second place were North American exporters at 27.4% while 11.5% of worldwide tractors shipments originated from Asia. Smaller percentages came from shippers in Latin America (2.5%) excluding Mexico but including the Caribbean, Africa (0.3%) and Oceania (0.1%) led by Australia.

For research purposes, the 4-digit Harmonized Tariff System code prefix for tractors is 8701. That sub-code excludes self-propelled work trucks not fitted with lifting or handling equipment of the type used in factories, warehouses, dock areas, railway stations or airports for the short distance transport of goods.

Top Tractors Exports by Country

Top 15

Below are the 15 countries that exported the highest dollar value worth of tractors during 2018.

  1. Mexico: US$9.9 billion (16.8% of total exported tractors)
  2. Germany: $9.5 billion (16.1%)
  3. Netherlands: $6.4 billion (10.9%)
  4. United States: $5.8 billion (9.9%)
  5. France: $4 billion (6.9%)
  6. Belgium: $2.7 billion (4.6%)
  7. Sweden: $2 billion (3.4%)
  8. Japan: $1.8 billion (3.1%)
  9. United Kingdom: $1.8 billion (3%)
  10. Italy: $1.6 billion (2.8%)
  11. Brazil: $1.5 billion (2.5%)
  12. China: $1.5 billion (2.5%)
  13. Turkey: $1.3 billion (2.3%)
  14. Austria: $1.2 billion (2%)
  15. Poland: $1 billion (1.7%)

The listed 15 countries shipped 88.5% of global tractors exports in 2018 by value.

Among the top exporters, the fastest-growing tractors exporters since 2014 were: Turkey (up 179.4%), Poland (up 50.3%), Brazil (up 43.5%) and Mexico (up 26.9%).

Those countries that posted declines in their exported tractors sales were led by: Italy (down -28.1%), Japan (down -12.1%), China (down -11.5%), United Kingdom (down -9.3%) and Belgium (down -8.5%).

Advantages

The following countries posted the highest positive net exports for tractors during 2018. Investopedia defines net exports as the value of a country’s total exports minus the value of its total imports. Thus, the statistics below present the surplus between the value of each country’s exported tractors and its import purchases for that same commodity.

  1. Mexico: US$9.4 billion (net export surplus up 27.4% since 2014)
  2. Germany: $6.3 billion (down -11.9%)
  3. Netherlands: $5 billion (up 23.6%)
  4. Japan: $1.6 billion (down -10.7%)
  5. Sweden: $1.6 billion (up 4.6%)
  6. Brazil: $1.4 billion (up 59.3%)
  7. Belgium: $1.3 billion (down -10.2%)
  8. China: $1 billion (down -26%)
  9. India: $917.2 million (up 1.4%)
  10. Turkey: $876.5 million (reversing a -$396 million deficit)
  11. Finland: $544.6 million (up 117.1%)
  12. France: $435.6 million (down -36.3%)
  13. South Korea: $379.9 million (up 14.4%)
  14. Belarus: $370.7 million (down -52%)
  15. Austria: $274.6 million (down -32%)

Overtaking Germany in 2018, Mexico earned the highest surplus in the international trade of tractors. In turn, this positive cashflow confirms Mexico’s strong competitive advantage for this specific product category.

Opportunities

The following countries posted the highest negative net exports for tractors during 2018. Investopedia defines net exports as the value of a country’s total exports minus the value of its total imports. Thus, the statistics below present the deficit between the value of each country’s imported tractors purchases and its exports for that same commodity.

  1. United States: US-$6.7 billion (net export deficit up 39.1% since 2014)
  2. Canada: -$4.1 billion (up 13.8%)
  3. Russia: -$1.6 billion (up 20%)
  4. Poland: -$1.4 billion (up 6.7%)
  5. Australia: -$919.3 million (up 80.9%)
  6. Romania: -$755.9 million (up 47.5%)
  7. Ukraine: -$630.4 million (up 188.3%)
  8. Czech Republic: -$612.7 million (up 2.3%)
  9. Lithuania: -$554.7 million (up 256.1%)
  10. Argentina: -$553.6 million (up 49.6%)
  11. Spain: -$537.4 million (reversing a $33 million surplus)
  12. Portugal: -$499.8 million (up 31.2%)
  13. Chile: -$497.2 million (up 38.1%)
  14. Hungary: -$412.6 million (down -21.2%)
  15. Norway: -$355.5 million (up 40.4%)

The United States of America incurred the highest deficit in the international trade of tractors. In turn, this negative cashflow highlights America’s competitive disadvantage for this specific product category but also signals opportunities for tractors-supplying countries that help satisfy the powerful demand.

Companies

Companies that Export Tractors

Below are global tractors-processing businesses that represent established players engaged in the international trade of tractors. The home country for each business is shown within parenthesis.

  • AGCO Corporation (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)


 

Searchable List of Tractors Exporting Countries in 2018

You can change the presentation order by clicking the triangle icon at the top of the columns.

RankExporterTractors Exports (US$)%World Total
1.Mexico$9.9 billion16.8%
2.Germany$9.5 billion16.1%
3.Netherlands$6.4 billion10.9%
4.United States$5.8 billion9.9%
5.France$4 billion6.9%
6.Belgium$2.7 billion4.6%
7.Sweden$2 billion3.4%
8.Japan$1.8 billion3.1%
9.United Kingdom$1.8 billion3%
10.Italy$1.6 billion2.8%
11.Brazil$1.5 billion2.5%
12.China$1.5 billion2.5%
13.Turkey$1.3 billion2.3%
14.Austria$1.2 billion2%
15.Poland$1 billion1.7%
16.India$970.8 million1.7%
17.Spain$949.5 million1.6%
18.Finland$718.2 million1.2%
19.South Korea$660.3 million1.1%
20.Belarus$583.3 million1%
21.Canada$400.8 million0.7%
22.Thailand$335.6 million0.6%
23.Lithuania$279.2 million0.5%
24.Czech Republic$236.1 million0.4%
25.Hungary$198.5 million0.3%
26.Bulgaria$162.4 million0.3%
27.South Africa$154.6 million0.3%
28.Slovakia$148.2 million0.3%
29.Slovenia$107.9 million0.2%
30.Romania$85.9 million0.1%
31.Russia$77 million0.1%
32.Australia$74.8 million0.1%
33.Indonesia$69.1 million0.1%
34.Denmark$66 million0.1%
35.Luxembourg$57.9 million0.1%
36.Switzerland$53.6 million0.1%
37.Latvia$48.6 million0.1%
38.Estonia$30.3 million0.1%
39.Malaysia$28.7 million0.05%
40.Singapore$28.7 million0.05%
41.Croatia$28 million0.05%
42.Portugal$26.1 million0.04%
43.Norway$23.3 million0.04%
44.Kenya$21.5 million0.04%
45.Serbia$15.8 million0.03%
46.Pakistan$14.5 million0.02%
47.Ireland$13.2 million0.02%
48.Vietnam$10.7 million0.02%
49.Ukraine$9.3 million0.02%
50.Bosnia/Herzegovina$8.4 million0.01%
51.Morocco$8 million0.01%
52.Greece$6.3 million0.01%
53.United Arab Emirates$5.4 million0.01%
54.Peru$3.8 million0.01%
55.Georgia$3.7 million0.01%
56.North Macedonia$3.6 million0.01%
57.Zambia$3.4 million0.01%
58.New Zealand$3 million0.01%
59.Taiwan$2.7 million0.005%
60.Tanzania$2.6 million0.004%
61.Uganda$1.9 million0.003%
62.Chile$1.8 million0.003%
63.Jordan$1.7 million0.003%
64.Uruguay$1.3 million0.002%
65.Hong Kong$1.3 million0.002%
66.Moldova$1.1 million0.002%
67.El Salvador$1.1 million0.002%
68.Costa Rica$1.1 million0.002%
69.Botswana$1.1 million0.002%
70.Kazakhstan$971,0000.002%
71.Mozambique$831,0000.001%
72.Namibia$831,0000.001%
73.Uzbekistan$777,0000.001%
74.Iran$734,0000.001%
75.Turkmenistan$501,0000.001%
76.Azerbaijan$484,0000.001%
77.Eswatini$479,0000.001%
78.Andorra$438,0000.001%
79.Nicaragua$434,0000.001%
80.Tajikistan$413,0000.001%
81.Colombia$412,0000.001%
82.Gabon$392,0000.001%
83.Malawi$387,0000.001%
84.Ivory Coast$381,0000.001%
85.Venezuela$358,0000.001%
86.Kyrgyzstan$357,0000.001%
87.Burkina Faso$343,0000.001%
88.Israel$318,0000.001%
89.Tunisia$298,0000.001%
90.Bhutan$282,0000.0005%
91.Cyprus$268,0000.0005%
92.Panama$241,0000.0004%
93.Oman$236,0000.0004%
94.Guatemala$215,0000.0004%
95.Jamaica$199,0000.0003%
96.Lebanon$177,0000.0003%
97.Fiji$160,0000.0003%
98.Madagascar$143,0000.0002%
99.Argentina$135,0000.0002%
100.Senegal$134,0000.0002%
101.Belize$129,0000.0002%
102.Zimbabwe$121,0000.0002%
103.Trinidad/Tobago$114,0000.0002%
104.Myanmar (Burma)$113,0000.0002%
105.Guyana$101,0000.0002%
106.Afghanistan$99,0000.0002%
107.Armenia$97,0000.0002%
108.Cameroon$95,0000.0002%
109.Angola$93,0000.0002%
110.Equatorial Guinea$91,0000.0002%
111.Egypt$89,0000.0002%
112.Algeria$76,0000.0001%
113.Qatar$68,0000.0001%
114.Togo$66,0000.0001%
115.Albania$65,0000.0001%
116.Iraq$64,0000.0001%
117.Sierra Leone$64,0000.0001%
118.Barbados$63,0000.0001%
119.French S./Antarctic Terr$53,0000.0001%
120.Ecuador$50,0000.0001%
121.Saudi Arabia$46,0000.0001%
122.Syrian Arab Republic$43,0000.0001%
123.Cambodia$41,0000.0001%
124.Sudan$36,0000.0001%
125.Bangladesh$33,0000.0001%
126.Guinea$32,0000.0001%
127.Rwanda$30,0000.0001%
128.Philippines$25,0000.00004%
129.Northern Mariana Is$25,0000.00004%
130.Iceland$23,0000.00004%
131.Dominica$20,0000.00003%
132.Cayman Islands$18,0000.00003%
133.Aruba$18,0000.00003%
134.Laos$17,0000.00003%
135.Kuwait$17,0000.00003%
136.Mauritius$12,0000.00002%
137.Democr. Rep. Congo$12,0000.00002%
138.Faroe Islands$10,0000.00002%
139.Malta$10,0000.00002%
140.Yemen$10,0000.00002%
141.Burundi$9,0000.00002%
142.Honduras$7,0000.00001%
143.Congo$6,0000.00001%
144.Mali$4,0000.00001%
145.Suriname$4,0000.00001%
146.US Minor Outlying Is$3,0000.00001%
147.North Korea$2,0000.000003%
148.Nepal$2,0000.000003%
149.Brunei Darussalam$2,0000.000003%
150.British Virgin Islands$1,0000.000002%
151.Ghana$1,0000.000002%


See also Car Exports by Country, Truck Exports by Country and Motorcycle Exports by Country

Research Sources:
Investopedia, Net Forbes Global 2000 rankings, The World’s Biggest Public Companies. Accessed on May 27, 2019

Investopedia, Net Exports Definition. Accessed on May 27, 2019

The World Factbook, Field Listing: Exports – Commodities, Central Intelligence Agency. Accessed on May 27, 2019

Trade Map, International Trade Centre. Accessed on May 27, 2019

Wikipedia, List of tractor manufacturers. Accessed on October 16, 2018