2023
Exports
$6.44BWorld Rnk 5 / 168
Flag Rnk 49 / 1217
2023
PRODUCT COMPLEXITY IN Tractors
0.83Rnk 239 / 1025
2023
Imports
$19BWorld Rnk 1 / 214
Flag Rnk 23 / 1215
2023
ECONOMIC COMPLEXITY of United States
1.5Rnk 10 / 132

About

Exports In 2023, United States exported $6.44B in Tractors, making it the 5th largest exporter of Tractors in the world. At the same year, Tractors was the 49th most exported product in United States. The main destination of Tractors exports from United States are: Canada ($3.53B), Australia ($640M), Mexico ($463M), Belgium ($225M), and Brazil ($219M).

The fastest growing export markets for Tractors of United States between 2022 and 2023 were Canada ($618M), Mexico ($322M), and Australia ($167M).

Imports In 2023, United States imported $19B in Tractors, becoming the 1st largest importer of Tractors in the world. At the same year, Tractors was the 23rd most imported product in United States. United States imports Tractors primarily from: Mexico ($12.3B), Germany ($2.49B), South Korea ($883M), Japan ($859M), and Canada ($435M).

The fastest growing import markets in Tractors for United States between 2022 and 2023 were Mexico ($1.7B), Germany ($648M), and France ($171M).

COMPANIES In 2024, leading companies such as Kubota (1.1k), CNH Industrial (658), and AGCO (288) were at the forefront of shipping Tractors to the United States.

Latest Trends

January 2025

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (January 2024 - January 2025)$-172M(-30.5%)
IMPORT GROWTH (January 2024 - January 2025)$-399M(-32%)
MAIN EXPORTER (January 2025)Iowa$87.1M
MAIN DESTINATION (January 2025)Canada$279M

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 (2023)$6.44B
IMPORTS (2023)$19B
NET TRADE (2023)-$12.5B

In 2023, United States exported $6.44B in Tractors. The main destinations of United States exports on Tractors were Canada ($3.53B), Australia ($640M), Mexico ($463M), Belgium ($225M), and Brazil ($219M).

In 2023, United States imported $19B in Tractors, mainly from Mexico ($12.3B), Germany ($2.49B), South Korea ($883M), Japan ($859M), and Canada ($435M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Tractors EXPORT MARKETS FOR United States WERE (2022 - 2023):
Canada$618M (21.2%)
Mexico$322M (228%)
Australia$167M (35.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tractors BY United States WERE (2022 - 2023):
Chile-$66M (-77.8%)
Netherlands-$52.4M (-44.9%)
Russia-$37.6M (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United States's main exporting competitors in Tractors were:
In 2023, United States's main importing competitors in Tractors were:
Canada $5.94B
France $5.51B

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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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