2022
Exports
$2.59BWorld Rnk 7 / 167
Flag Rnk 38 / 1193
2022
PRODUCT COMPLEXITY IN Tractors
0.95Rnk 194 / 1025
2022
Imports
$546MWorld Rnk 25 / 215
Flag Rnk 175 / 1208
2022
ECONOMIC COMPLEXITY of Mexico
1.08Rnk 25 / 133

About

Exports In 2022, Mexico exported $2.59B in Tractors, making it the 7th largest exporter of Tractors in the world. At the same year, Tractors was the 38th most exported product in Mexico. The main destination of Tractors exports from Mexico are: United States ($1.12B), Canada ($816M), Colombia ($229M), Peru ($114M), and Chile ($78.2M).

The fastest growing export markets for Tractors of Mexico between 2021 and 2022 were Canada ($290M), Colombia ($64.8M), and Peru ($42.9M).

Imports In 2022, Mexico imported $546M in Tractors, becoming the 25th largest importer of Tractors in the world. At the same year, Tractors was the 175th most imported product in Mexico. Mexico imports Tractors primarily from: United States ($196M), China ($93.6M), India ($67.6M), Netherlands ($65.4M), and France ($34M).

The fastest growing import markets in Tractors for Mexico between 2021 and 2022 were China ($65.6M), United States ($42.8M), and Netherlands ($35M).

COMPANIES In 2023, leading companies such as John Deere (3) and CNH Industrial (2) were at the forefront of shipping Tractors from Mexico to the United States.

Latest Trends

Sep 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Tractors. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.59B
IMPORTS (2022)$546M
NET TRADE (2022)$2.04B

In 2022, Mexico exported $2.59B in Tractors. The main destinations of Mexico exports on Tractors were United States ($1.12B), Canada ($816M), Colombia ($229M), Peru ($114M), and Chile ($78.2M).

In 2022, Mexico imported $546M in Tractors, mainly from United States ($196M), China ($93.6M), India ($67.6M), Netherlands ($65.4M), and France ($34M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tractors EXPORT MARKETS FOR Mexico WERE (2021 - 2022):
Canada$290M (55.2%)
Colombia$64.8M (39.3%)
Peru$42.9M (60.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tractors BY Mexico WERE (2021 - 2022):
United States-$6.61B (-85.6%)
Honduras-$8.74M (-100%)
Finland-$7.02M (-11.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mexico's main exporting competitors in Tractors were:
In 2022, Mexico's main importing competitors in Tractors were:

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Trade Value of Tractors by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $226M
TOP IMPORT POTENTIALUnited States+ $60.8M

Tractors’s highest export potential is United States. With an export gap of $226M.   Tractors’s highest import potential is United States with an import gap of $60.8M.

See methodology.

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