Top Tractors Exports by Country 2020

Tractor with grain mixer (courtesy of Pixabay.com)
Tractor with grain mixer

Tractors exported from all countries totaled US$45.6 billion in 2020. That dollar amount reflects a flatlining 1.2% gain over the five-year period starting in 2016.

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

The 5 biggest exporters of tractors are Germany, Mexico, Netherlands, United States and France. Combined, those 5 suppliers sold 57% of exported tractors in 2020. Such a high percentage indicates a concentrated group of tractor sellers.

From a continental perspective, suppliers in European countries sold the highest dollar worth of exported tractors during 2020 with shipments valued at $32.4 billion or 57.4% of the global total. In second place were North American exporters at 28.9% while 11.8% of worldwide tractors shipments originated from Asia. Smaller percentages came from shippers in Latin America (1.4%) 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 kind used in factories, warehouses, dock areas, railway stations or airports for the short distance transport of goods.

Top 15

Below are the 15 countries that exported the highest dollar value worth of tractors during 2020.

  1. Germany: US$7.7 billion (16.8% of total 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 value, the listed 15 countries shipped 87.3% of globally exported tractors in 2020.

Among the top exporters, there were only 2 that grew their international sales of tractor since 2019, namely Spain (up 21%) and Italy (up 6.2%).

Those countries that posted declines in their international sales of tractors were led by: Mexico (down -35.9%), United States (down -34%), Sweden (down -25.4%), Turkey (down -23.7%) and the Netherlands (down -23.5%).

Advantages

The following countries posted the highest positive net exports for tractors during 2020. Investopedia defines net exports as the value of a country’s total exports minus the value of its total imports. consequently, 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$6.2 billion (net 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 highest surplus in the international trade of tractors. In turn, this positive cashflow proves Mexico’s strong competitive advantage for this specific product category.

Opportunities

The following countries posted the highest negative net exports for tractors during 2020. Investopedia defines net exports as the value of a country’s total exports minus the value of its total imports. consequently, 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-$5.9 billion (net 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 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 need.

Companies

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)

 

The 100 major providers of tractors in the following automated database represent 99.99% of revenues from globally exported tractors during 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. Ireland $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 can change the presentation order by clicking the triangle icon at the top of the columns. An entry of 0% in the right-most column method that 2019 data was unavailable.

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

Research supplies:
Central Intelligence Agency, The World Factbook Field Listing: Exports – Commodities. Accessed on September 17, 2021

International Trade Centre, Trade Map. Accessed on September 17, 2021

Investopedia, Net Forbes Global 2000 rankings, The World’s Biggest Public Companies. Accessed on September 17, 2021

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

Wikipedia, List of tractor manufacturers. Accessed on September 17, 2021

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