That dollar amount reflects a 22.7% gain from $58.9 billion five years earlier during 2018.
Year over year, the value of exported tractors increased by 15.5% compared to $62.6 billion for 2021.
The top 5 most valuable exporters of tractors are Mexico, Germany, Netherlands, United States of America, and France. Combined, those 5 major suppliers sold over half (57.2%) of exported tractors sold in 2022. Such a high percentage indicates a concentrated group of international tractor sellers.
From a continental perspective, suppliers in European countries sold the highest dollar worth of exported tractors during 2022 with shipments valued at $39.9 billion or 55.2% of the global total. In second place were North American exporters at 26.2% while another 15.9% of worldwide tractor shipments originated from sellers in Asia.
Smaller percentages came from shippers in Latin America (2.2%) excluding Mexico but including the Caribbean, Africa (0.5%), and Oceania (0.1%) mostly 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
Below are the 15 countries that exported the highest dollar value worth of tractors during 2022.
- Mexico: US$12.1 billion (16.7% of total tractors exports)
- Germany: $11.1 billion (15.4%)
- Netherlands: $6.9 billion (9.5%)
- United States: $6.3 billion (8.7%)
- France: $4.9 billion (6.8%)
- Belgium: $3.7 billion (5.1%)
- China: $3.6 billion (5%)
- Japan: $2.4 billion (3.3%)
- Italy: $2.2 billion (3.1%)
- Sweden: $2.1 billion (2.9%)
- Spain: $1.94 billion (2.7%)
- Türkiye: $1.88 billion (2.6%)
- United Kingdom: $1.82 billion (2.5%)
- India: $1.6 billion (2.2%)
- Brazil: $1.5 billion (2.1%)
By value, the listed 15 countries shipped 88.7% of globally exported tractors in 2022.
Among the top exporters, the fastest-growing exporters of tractors since 2021 were: mainland China (up 51.1%), Mexico (up 41.5%), Brazil (up 33.9%) and Türkiye (up 20.9%).
Suppliers in Italy (up 1.8% from 2021) and Japan (down 2.2%) posted the most modest gains year over year.
Searchable List of Tractors Exporting Countries in 2022
The 100 major providers of tractors in the following automated database represent 99.99% of revenues from globally exported tractors during 2022.
Rank | Exporter | Tractor Exports | 2021-2 |
---|---|---|---|
1. | Mexico | $12,095,842,000 | +41.5% |
2. | Germany | $11,122,232,000 | +9.1% |
3. | Netherlands | $6,900,594,000 | +10.7% |
4. | United States | $6,300,204,000 | +19.3% |
5. | France | $4,903,974,000 | +9.4% |
6. | Belgium | $3,703,428,000 | +10.5% |
7. | China | $3,612,710,000 | +51.1% |
8. | Japan | $2,392,860,000 | +2.2% |
9. | Italy | $2,222,431,000 | +1.8% |
10. | Sweden | $2,081,134,000 | +2.8% |
11. | Spain | $1,943,576,000 | +4.7% |
12. | Türkiye | $1,882,468,000 | +20.9% |
13. | United Kingdom | $1,818,204,000 | +19% |
14. | India | $1,560,615,000 | +20.2% |
15. | Brazil | $1,549,048,000 | +33.9% |
16. | Austria | $1,510,040,000 | +11.5% |
17. | South Korea | $1,280,043,000 | +17.5% |
18. | Finland | $833,277,000 | +8.5% |
19. | Canada | $543,011,000 | +19.9% |
20. | Lithuania | $496,870,000 | +19.8% |
21. | Thailand | $359,818,000 | -17.7% |
22. | Czech Republic | $311,733,000 | +15.9% |
23. | Belarus | $270,393,000 | 0% |
24. | South Africa | $244,293,000 | +14.5% |
25. | Bulgaria | $231,586,000 | +8.9% |
26. | Poland | $214,431,000 | -83% |
27. | Hungary | $196,745,000 | +6.9% |
28. | Slovakia | $173,437,000 | +35.2% |
29. | Slovenia | $145,833,000 | +21.5% |
30. | Indonesia | $141,709,000 | +18.4% |
31. | Romania | $128,680,000 | +44.8% |
32. | Denmark | $111,944,000 | +30.6% |
33. | Russia | $82,240,000 | -47.3% |
34. | Switzerland | $69,986,000 | +6.7% |
35. | Latvia | $67,084,000 | +66.1% |
36. | Ireland | $65,168,000 | +33.8% |
37. | Australia | $63,488,000 | +40.9% |
38. | Kazakhstan | $52,395,000 | +2415% |
39. | Estonia | $50,902,000 | +21.8% |
40. | Singapore | $44,807,000 | +120.9% |
41. | Luxembourg | $39,811,000 | +13% |
42. | Croatia | $39,379,000 | +13.1% |
43. | Malaysia | $38,509,000 | +76.5% |
44. | Pakistan | $35,644,000 | -25.4% |
45. | Portugal | $35,348,000 | -21.3% |
46. | Serbia | $32,967,000 | +48.1% |
47. | Norway | $29,132,000 | -14.6% |
48. | Saudi Arabia | $28,991,000 | +8067% |
49. | Equatorial Guinea | $28,658,000 | +55012% |
50. | Kenya | $18,926,000 | +90.9% |
51. | Uzbekistan | $14,923,000 | +435.3% |
52. | Vietnam | $12,135,000 | -14.5% |
53. | Bosnia/Herzegovina | $10,156,000 | +70.5% |
54. | Tanzania | $9,201,000 | -13.2% |
55. | Greece | $8,313,000 | +37.2% |
56. | Ukraine | $7,214,000 | +3.2% |
57. | Namibia | $6,832,000 | -44.4% |
58. | North Macedonia | $6,672,000 | +93.2% |
59. | Zambia | $4,987,000 | +41.2% |
60. | Paraguay | $4,568,000 | 0% |
61. | Qatar | $4,145,000 | +64.9% |
62. | Moldova | $4,029,000 | +71.7% |
63. | Armenia | $3,941,000 | +315.3% |
64. | Bahrain | $3,677,000 | -27.8% |
65. | Morocco | $3,516,000 | +431.9% |
66. | Peru | $3,412,000 | +986.6% |
67. | United Arab Emirates | $3,257,000 | -96.2% |
68. | Chile | $3,114,000 | +193.5% |
69. | Pitcairn | $3,105,000 | 0% |
70. | Iran | $2,578,000 | -85.8% |
71. | Guatemala | $2,567,000 | +26.6% |
72. | Jordan | $2,387,000 | -1.3% |
73. | Azerbaijan | $2,333,000 | +2521% |
74. | Uruguay | $1,792,000 | +255.6% |
75. | Costa Rica | $1,691,000 | +35.9% |
76. | Nicaragua | $1,519,000 | +510% |
77. | Montenegro | $1,470,000 | +232.6% |
78. | Georgia | $1,439,000 | +1099% |
79. | Philippines | $1,402,000 | +17425% |
80. | Cameroon | $1,262,000 | +47.8% |
81. | Botswana | $1,211,000 | +9.9% |
82. | Senegal | $1,020,000 | -60.5% |
83. | Malawi | $1,017,000 | -3.1% |
84. | New Zealand | $858,000 | +106.3% |
85. | Taiwan | $717,000 | -46.4% |
86. | Trinidad/Tobago | $706,000 | +19.5% |
87. | Panama | $649,000 | +72.6% |
88. | Ecuador | $593,000 | +87.7% |
89. | Mozambique | $577,000 | -43.9% |
90. | Burkina Faso | $519,000 | -39% |
91. | Niger | $511,000 | +474.2% |
92. | Kyrgyzstan | $499,000 | -63.7% |
93. | Tajikistan | $485,000 | -49.9% |
94. | Sudan | $464,000 | +1685% |
95. | Togo | $446,000 | -72% |
96. | Hong Kong | $425,000 | +167.3% |
97. | Cyprus | $376,000 | -64.8% |
98. | North Korea | $319,000 | +170.3% |
99. | El Salvador | $297,000 | -18.2% |
100. | Myanmar | $274,000 | +98.6% |
Focusing on the top 100 suppliers, the fastest growing exporters of tractors are Equatorial Guinea (up 55,012% from 2021), Philippines (up 17,425%), Saudi Arabia (up 8,067%), Azerbaijan (up 2,521%), Kazakhstan (up 2,415%), Sudan (up 1,685%) and Georgia (up 1,099%).
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 2021 data was unavailable.
Countries with Best Trade Surpluses from Tractors
The following countries posted the highest positive net exports for tractors during 2022. 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$11.7 billion (net export surplus up 41.5% since 2021)
- Germany: $7.9 billion (up 8.4%)
- Netherlands: $5.5 billion (up 7.8%)
- mainland China: $3.5 billion (up 79.2%)
- Japan: $2.1 billion (up 1.2%)
- Belgium: $2 billion (up 5.1%)
- Sweden: $1.7 billion (up 0.7%)
- India: $1.5 billion (up 22.5%)
- Brazil: $1.2 billion (up 26.5%)
- South Korea: $916.9 million (up 26.6%)
- Türkiye: $771.8 million (up 38.9%)
- Finland: $630.6 million (up 12.9%)
- Austria: $484.8 million (up 55.5%)
- Spain: $434.6 million (up 3.6%)
- France: $398.7 million (up 21.4%)
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 2022. 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$12.5 billion (net export deficit up 60% since 2021)
- Canada: -$4.2 billion (up 32.9%)
- Australia: -$1.4 billion (up 11.5%)
- United Kingdom: -$1 billion (up 129.7%)
- Chile: -$848.8 million (up 31.3%)
- Ukraine: -$785.4 million (down -0.2%)
- Poland: -$742.2 million (down -55.3%)
- Russia: -$739.4 million (down -48.2%)
- Czech Republic: -$687.5 million (up 12%)
- Saudi Arabia: -$670.2 million (up 185.9%)
- Romania: -$656.2 million (up 0.4%)
- Colombia: -$655.4 million (up 108.7%)
- Lithuania: -$508.2 million (down -6.1%)
- Hungary: -$499.6 million (up 41.6%)
- Italy: -$486.3 million (up 33.5%)
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 10, 2023
International Trade Centre, Trade Map. Accessed on September 10, 2023
Investopedia, Net Forbes Global 2000 rankings, The World’s Biggest Public Companies. Accessed on September 10, 2023
Investopedia, Net Exports Definition. Accessed on September 10, 2023
Wikipedia, List of tractor manufacturers. Accessed on September 10, 2023