That dollar amount results from a 58.5% acceleration from $46.3 billion 5 years earlier during 2020.
Year over year, the value of exported tractors fell by 19.4% compared to $91.1 billion starting from 2023.
The top 5 most valuable exporters of tractors are Mexico, Germany, mainland China, United States of America and the Netherlands. Combined, those 5 major suppliers sold well over half (56.6%) of exported tractors sold in 2024. Such a high percentage indicates a relatively concentrated group of international tractor sellers.
From a continental perspective, suppliers in European countries sold the highest dollar worth of exported tractors during 2024 with shipments valued at $41.3 billion or 56.2% of the global total. In second place were exporters located in North America at 24.1% while another 17.4% of worldwide tractor shipments originated from sellers in Asia.
Smaller percentages came from shippers in Latin America (1.8%) excluding Mexico but including the Caribbean, Africa (0.4%) and Oceania (0.1%) mostly Australia and New Zealand.
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
Below are the 15 countries that exported the highest dollar value worth of tractors during 2024.
- Mexico: US$10.59 billion (14.4% of total exported tractors)
- Germany: $10.57 billion (14.4%)
- mainland China: $7.4 billion (10%)
- United States: $6.6 billion (9%)
- Netherlands: $6.4 billion (8.7%)
- France: $5.8 billion (8%)
- Belgium: $4.2 billion (5.7%)
- Sweden: $2.19 billion (3%)
- Poland: $2.18 billion (3%)
- Italy: $2.16 billion (2.9%)
- United Kingdom: $1.58 billion (2.2%)
- Spain: $1.56 billion (2.1%)
- Japan: $1.55 billion (2.1%)
- Austria: $1.39 billion (1.9%)
- Brazil: $1.33 billion (1.8%)
By value, the listed 15 countries shipped 89.2% of globally exported tractors in 2024.
Among the top exporters, the most modest declining exporters of tractors since 2023 were: mainland China (down -2.4%), Japan (down -10.5%), Sweden (down -11.2%) and Belgium (down -13.3%).
Those countries that posted the severest declines in their international sales of tractors were led by: Spain (down -35.3% from 2023), Poland (down -31.1%), United Kingdom (down -28.3%), Germany (down -25.9%) and Netherlands (down -24.8%).
Searchable List of Tractors Exporting Countries in 2024
The 100 major providers of tractors in the following automated database represent 99.99% of revenues from globally exported tractors during 2024.
| Rank | Exporter | Tractor Exports | 2023-4 |
|---|---|---|---|
| 1. | Mexico | $10,590,687,000 | -21.2% |
| 2. | Germany | $10,565,857,000 | -25.9% |
| 3. | mainland China | $7,368,690,000 | -2.4% |
| 4. | United States | $6,591,854,000 | -16.7% |
| 5. | Netherlands | $6,402,225,000 | -24.8% |
| 6. | France | $5,837,980,000 | -13.5% |
| 7. | Belgium | $4,185,581,000 | -13.3% |
| 8. | Sweden | $2,194,061,000 | -11.2% |
| 9. | Poland | $2,180,557,000 | -31.1% |
| 10. | Italy | $2,156,284,000 | -19.3% |
| 11. | United Kingdom | $1,584,578,000 | -28.3% |
| 12. | Spain | $1,560,247,000 | -35.3% |
| 13. | Japan | $1,545,950,000 | -10.5% |
| 14. | Austria | $1,393,029,000 | -22.5% |
| 15. | Brazil | $1,332,437,000 | -17% |
| 16. | Türkiye | $1,199,273,000 | -43.7% |
| 17. | India | $1,130,656,000 | +2% |
| 18. | South Korea | $834,079,000 | -19.2% |
| 19. | Finland | $744,683,000 | -26.1% |
| 20. | Canada | $505,147,000 | -11.3% |
| 21. | Thailand | $345,525,000 | +10.5% |
| 22. | Lithuania | $333,739,000 | -27.5% |
| 23. | Czech Republic | $306,177,000 | -0.5% |
| 24. | Hungary | $273,668,000 | +34.5% |
| 25. | Belarus | $247,265,000 | +16.1% |
| 26. | South Africa | $215,266,000 | -2.9% |
| 27. | Bulgaria | $189,151,000 | -23% |
| 28. | Slovenia | $148,093,000 | -5.7% |
| 29. | Denmark | $140,486,000 | +2.1% |
| 30. | Slovakia | $132,493,000 | -20.3% |
| 31. | Romania | $116,302,000 | +7.8% |
| 32. | Ireland | $83,714,000 | +8% |
| 33. | Switzerland | $70,565,000 | -4.3% |
| 34. | Norway | $69,657,000 | +5.6% |
| 35. | Australia | $63,353,000 | -37% |
| 36. | Estonia | $60,038,000 | +7.7% |
| 37. | Indonesia | $58,897,000 | +19.7% |
| 38. | Kazakhstan | $56,220,000 | -35.9% |
| 39. | Malaysia | $48,857,000 | -29.9% |
| 40. | Croatia | $46,851,000 | -0.4% |
| 41. | Serbia | $44,930,000 | -23.1% |
| 42. | Luxembourg | $43,693,000 | -10.7% |
| 43. | Russia | $42,390,000 | +8.4% |
| 44. | Pakistan | $37,237,000 | +13.4% |
| 45. | Portugal | $36,662,000 | -24.5% |
| 46. | Uzbekistan | $29,768,000 | +61.3% |
| 47. | Singapore | $26,963,000 | -15.3% |
| 48. | Latvia | $26,282,000 | -59.3% |
| 49. | Saudi Arabia | $19,148,000 | +2.6% |
| 50. | Armenia | $16,440,000 | +34.1% |
| 51. | Kenya | $15,624,000 | -50% |
| 52. | Tanzania | $15,135,000 | -0.4% |
| 53. | Greece | $13,901,000 | -2.9% |
| 54. | Namibia | $9,641,000 | -39.9% |
| 55. | Kuwait | $9,275,000 | +548.6% |
| 56. | Vietnam | $9,004,000 | -27.3% |
| 57. | Kyrgyzstan | $8,762,000 | +20% |
| 58. | Zambia | $6,965,000 | +27.8% |
| 59. | Bosnia/Herzegovina | $6,885,000 | -31.9% |
| 60. | New Zealand | $6,846,000 | +676.2% |
| 61. | United Arab Emirates | $6,630,000 | -91.8% |
| 62. | Togo | $6,354,000 | +1045% |
| 63. | North Macedonia | $5,541,000 | -31% |
| 64. | Ukraine | $5,439,000 | -5.3% |
| 65. | Colombia | $5,317,000 | +105.8% |
| 66. | Azerbaijan | $4,980,000 | -40.4% |
| 67. | Uganda | $4,874,000 | +94.6% |
| 68. | Guatemala | $4,562,000 | +14.8% |
| 69. | Moldova | $3,868,000 | -36% |
| 70. | Chile | $3,343,000 | -30.4% |
| 71. | Ivory Coast | $2,924,000 | +570.6% |
| 72. | Hong Kong | $1,475,000 | -5.6% |
| 73. | Georgia | $1,340,000 | +33.1% |
| 74. | Burkina Faso | $1,209,000 | +125.6% |
| 75. | Botswana | $1,133,000 | +10.9% |
| 76. | Montenegro | $988,000 | +109.3% |
| 77. | Peru | $863,000 | -47.3% |
| 78. | El Salvador | $838,000 | -35.3% |
| 79. | Mozambique | $797,000 | -61% |
| 80. | Egypt | $696,000 | -40.4% |
| 81. | Central African Republic | $684,000 | 0% |
| 82. | Iran | $654,000 | -98.3% |
| 83. | Honduras | $631,000 | -3.8% |
| 84. | Guyana | $608,000 | +496.1% |
| 85. | Costa Rica | $576,000 | -47.1% |
| 86. | Senegal | $555,000 | -25.5% |
| 87. | Lebanon | $544,000 | +147.3% |
| 88. | Taiwan | $516,000 | -14.6% |
| 89. | Bolivia | $516,000 | +932% |
| 90. | Morocco | $515,000 | -66.5% |
| 91. | Zimbabwe | $515,000 | +299.2% |
| 92. | Niger | $474,000 | +11750% |
| 93. | Benin | $473,000 | +86.2% |
| 94. | Cyprus | $419,000 | -72.1% |
| 95. | Turkmenistan | $390,000 | +926.3% |
| 96. | Uruguay | $387,000 | -71.1% |
| 97. | Tokelau | $359,000 | +35800% |
| 98. | Ecuador | $353,000 | +1.4% |
| 99. | British Virgin Islands | $351,000 | +1.2% |
| 100. | Panama | $319,000 | +343.1% |
Focusing on the top 100 suppliers, the fastest growing exporters of tractors are Tokelau (up 35,800% from 2023), Niger (up 11,750%), Togo (up 1,045%), Bolivia (up 932%), Turkmenistan (up 926.3%) and New Zealand (up 676.2%).
You can change the presentation order by clicking the triangle icon at the top of the above table’s columns. An entry of 0% in the right-most column means that 2023 data was unavailable.
Countries with Best Trade Surpluses from Tractors
The following countries posted the highest positive net exports for tractors during 2024. 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.
- Mexico: US$9.4 billion (net export surplus down -23.9% since 2023)
- mainland China: $7.12 billion (down -3.2%)
- Germany: $7.11 billion (down -22.3%)
- Netherlands: $5 billion (down -26.8%)
- Belgium: $2.6 billion (down -2.2%)
- Sweden: $1.9 billion (down -9.5%)
- France: $1.7 billion (up 53.1%)
- Japan: $1.3 billion (down -13.9%)
- India: $1.1 billion (up 4.2%)
- Brazil: $966.3 million (down -11.6%)
- Finland: $556.9 million (down -24.7%)
- South Korea: $530.5 million (down -12%)
- Austria: $422.5 million (down -13.4%)
- Belarus: $207.5 million (up 35.5%)
- Thailand: $52.9 million (up 264.1%)
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.
Countries Facing Largest Trade Deficits from Tractors
The following countries posted the highest negative net exports for tractors during 2024. 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.
- United States: -US$9.1 billion (net export deficit down -22.5% since 2023)
- Canada: -$4.8 billion (down -12%)
- Russia: -$2.8 billion (down -28.3%)
- Australia: -$1.4 billion (down -22%)
- United Kingdom: -$1.2 billion (down -11.4%)
- Ukraine: -$772.3 million (down -6.4%)
- Romania: -$759.2 million (down -12.1%)
- United Arab Emirates: -$646.8 million (up 122.7%)
- Czech Republic: -$606 million (down -29.1%)
- Portugal: -$570.7 million (up 3.8%)
- Vietnam: -$526.4 million (up 105.4%)
- Argentina: -$523.9 million (up 62.4%)
- Türkiye: -$451 million (up 325.4%)
- Egypt: -$448.4 million (up 164.1%)
- Chile: -$443.4 million (up 17.4%)
The United States of America posted 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 from US businesses and individuals.
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)
See also Car Exports by Country, Truck Exports by Country and Motorcycle Exports by Country and Top Sand Exporters by Country
Research Sources:
Central Intelligence Agency, The World Factbook Field Listing: Exports – Commodities. Accessed on September 11, 2025
International Trade Centre, Trade Map. Accessed on September 11, 2025
Investopedia, Net Forbes Global 2000 rankings, The World’s Biggest Public Companies. Accessed on September 11, 2025
Investopedia, Net Exports Definition. Accessed on September 11, 2025
Wikipedia, List of tractor manufacturers. Accessed on September 11, 2025