2022
Exports
$1.78BWorld Rnk 14 / 167
Flag Rnk 39 / 1212
2022
PRODUCT COMPLEXITY IN Tractors
0.95Rnk 194 / 1025
2022
Imports
$65.1MWorld Rnk 88 / 215
Flag Rnk 559 / 1206
2022
ECONOMIC COMPLEXITY of India
0.64Rnk 40 / 133

About

Exports In 2022, India exported $1.78B in Tractors, making it the 14th largest exporter of Tractors in the world. At the same year, Tractors was the 39th most exported product in India. The main destination of Tractors exports from India are: United States ($627M), Netherlands ($106M), South Africa ($81.8M), Brazil ($81.7M), and Bangladesh ($73.5M).

The fastest growing export markets for Tractors of India between 2021 and 2022 were United States ($280M), Netherlands ($46.9M), and South Africa ($32.6M).

Imports In 2022, India imported $65.1M in Tractors, becoming the 88th largest importer of Tractors in the world. At the same year, Tractors was the 559th most imported product in India. India imports Tractors primarily from: Thailand ($40M), Sweden ($9.41M), China ($7.68M), Poland ($2.63M), and Japan ($1.45M).

The fastest growing import markets in Tractors for India between 2021 and 2022 were China ($6.1M), Poland ($2.39M), and United Kingdom ($1M).

COMPANIES In 2023, leading companies such as CNH Industrial (653) and Kubota (1) were at the forefront of shipping Tractors from India to the United States.

Latest Trends

Aug 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)$1.78B
IMPORTS (2022)$65.1M
NET TRADE (2022)$1.72B

In 2022, India exported $1.78B in Tractors. The main destinations of India exports on Tractors were United States ($627M), Netherlands ($106M), South Africa ($81.8M), Brazil ($81.7M), and Bangladesh ($73.5M).

In 2022, India imported $65.1M in Tractors, mainly from Thailand ($40M), Sweden ($9.41M), China ($7.68M), Poland ($2.63M), and Japan ($1.45M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tractors EXPORT MARKETS FOR India WERE (2021 - 2022):
United States$280M (80.6%)
Netherlands$46.9M (79.3%)
South Africa$32.6M (66.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tractors BY India WERE (2021 - 2022):
Nepal-$74.6M (-79.8%)
Sri Lanka-$61.4M (-81.4%)
Bangladesh-$14.2M (-16.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, India's main exporting competitors in Tractors were:
In 2022, India'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+ $195M
TOP IMPORT POTENTIALChina+ $14M

Tractors’s highest export potential is United States. With an export gap of $195M.   Tractors’s highest import potential is China with an import gap of $14M.

See methodology.

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