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Wheeled tractors nes

870190 (Harmonized System 1992 for 6-digit)

2022
World Trade $28.1BRnk 116 / 4648
2022
Top Exporter | Top Importer $6.74B | $6.28BGermany | United States
2022
Product Complexity 1.09Rnk 655 / 4653
2021 - 2022
Export Growth (CAGR) 11.4%Rnk 1468 / 4648
2022
Share of World Trade 0.12%Rnk 116 / 4648

About

Overview This page contains the latest trade data of Wheeled tractors. In 2022, Wheeled tractors were the world's 116th most traded product, with a total trade of $28.1B. Between 2021 and 2022 the exports of Wheeled tractors grew by 11.4%, from $25.2B to $28.1B. Trade in Wheeled tractors represent 0.12% of total world trade.

Wheeled tractors are a part of Tractors.

Exports In 2022 the top exporters of Wheeled tractors  were Germany ($6.74B), United States ($2.59B), Japan ($2.28B), France ($2.27B), and Italy ($1.9B).

Imports In 2022 the top importers of Wheeled tractors were United States ($6.28B), France ($2.39B), Canada ($1.47B), Germany ($1.34B), and United Kingdom ($1.14B).

Ranking Wheeled tractors ranks 655th in the Product Complexity Index (PCI).

Description -

Latest Trends

Latest Data

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

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

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)Germany$6.74B
Top Destination (2022)United States$6.28B

In 2022 Wheeled tractors were the world's 116th most traded product (out of 4,648).

In 2022, the top exporters of Wheeled tractors were Germany ($6.74B), United States ($2.59B), Japan ($2.28B), France ($2.27B), and Italy ($1.9B).

In 2022, the top importers of Wheeled tractors were United States ($6.28B), France ($2.39B), Canada ($1.47B), Germany ($1.34B), and United Kingdom ($1.14B).

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Exporters of Wheeled tractors (2022)
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Importers of Wheeled tractors (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Germany$438M
Top Destination Growth (2021 -  2022)United States$1.52B

Between 2021 and 2022, the exports of Wheeled tractors grew the fastest in Germany ($438M), India ($403M), United States ($403M), United Kingdom ($330M), and South Korea ($241M).

Between 2021 and 2022, the fastest growing importers of Wheeled tractors were United States ($1.52B), Canada ($299M), Australia ($224M), Bulgaria ($153M), and Belgium ($148M).

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Exporters of Wheeled tractors (2021 - 2022)

Importers of Wheeled tractors (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Wheeled tractors.

In 2022, market concentration measured using Shannon Entropy, was 4.04. This means that most of the exports of Wheeled tractors are explained by 16 countries.

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Value of Exports in Wheeled tractors

Net Trade

TOP NET EXPORTER (2022)Germany$5.39B
TOP NET IMPORTER (2022)United States$3.69B

This map shows which countries export or import more of Wheeled tractors. Each country is colored based on the difference in exports and imports of Wheeled tractors during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Wheeled tractors were Germany ($5.39B), Japan ($2.1B), India ($1.64B), South Korea ($1.11B), and Italy ($990M).

In 2022, the countries that had a largest trade value in imports than in exports of Wheeled tractors were United States ($3.69B), Canada ($1.13B), Australia ($1.07B), Poland ($851M), and Spain ($596M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Wheeled tractors.
It is possible to select the main countries that export or import Wheeled tractors in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Wheeled tractors by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2022)

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