2022
Exports
$5.65BWorld Rnk 3 / 167
Flag Rnk 61 / 1217
2022
PRODUCT COMPLEXITY IN Tractors
0.95Rnk 194 / 1025
2022
Imports
$8.01BWorld Rnk 1 / 215
Flag Rnk 78 / 1216
2022
ECONOMIC COMPLEXITY of United States
1.47Rnk 10 / 133

About

Exports In 2022, United States exported $5.65B in Tractors, making it the 3rd largest exporter of Tractors in the world. At the same year, Tractors was the 61st most exported product in United States. The main destination of Tractors exports from United States are: Canada ($3.31B), Australia ($504M), Mexico ($196M), South Africa ($124M), and Germany ($121M).

The fastest growing export markets for Tractors of United States between 2021 and 2022 were Canada ($665M), Australia ($57.5M), and Saudi Arabia ($44.4M).

Imports In 2022, United States imported $8.01B in Tractors, becoming the 1st largest importer of Tractors in the world. At the same year, Tractors was the 78th most imported product in United States. United States imports Tractors primarily from: Germany ($1.58B), Japan ($1.41B), Mexico ($1.12B), South Korea ($1.01B), and India ($627M).

The fastest growing import markets in Tractors for United States between 2021 and 2022 were Germany ($346M), India ($280M), and Japan ($245M).

COMPANIES In 2023, leading companies such as Kubota (1.29k), CNH Industrial (1.04k), and Barry Callebaut (342) were at the forefront of shipping Tractors to the United States.

Latest Trends

April 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (April 2023 - April 2024)$71.3M(12%)
IMPORT GROWTH (April 2023 - April 2024)$-422M(-24.1%)
MAIN EXPORTER (April 2024)Iowa$174M
MAIN DESTINATION (April 2024)Canada$453M

This section shows Tractors's exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Tractors over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$5.65B
IMPORTS (2022)$8.01B
NET TRADE (2022)-$2.37B

In 2022, United States exported $5.65B in Tractors. The main destinations of United States exports on Tractors were Canada ($3.31B), Australia ($504M), Mexico ($196M), South Africa ($124M), and Germany ($121M).

In 2022, United States imported $8.01B in Tractors, mainly from Germany ($1.58B), Japan ($1.41B), Mexico ($1.12B), South Korea ($1.01B), and India ($627M).

Explore Visualizations

Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Tractors EXPORT MARKETS FOR United States WERE (2021 - 2022):
Canada$665M (25.1%)
Australia$57.5M (12.9%)
Saudi Arabia$44.4M (211%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tractors BY United States WERE (2021 - 2022):
Russia-$98.4M (-72.3%)
Belgium-$56.1M (-37.7%)
Kuwait-$24.7M (-96.7%)

Change in Exports by Market (undefined - undefined)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Tractors were:
In 2022, United States's main importing competitors in Tractors were:
Canada $4.59B
France $4.06B

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Trade Value of Tractors by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $76.9M
TOP IMPORT POTENTIALMexico+ $226M

Tractors’s highest export potential is Germany. With an export gap of $76.9M.   Tractors’s highest import potential is Mexico with an import gap of $226M.

See methodology.

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