Top 10 Tractor Export Companies in the United States
Introduction
The United States is a major player in the global tractor industry, with several companies leading the way in exporting high-quality tractors to countries all over the world. In this report, we will take a closer look at the top 10 tractor export companies in the United States, highlighting their financial data, industry insights, and market trends.
1. John Deere & Company
John Deere & Company is one of the largest tractor manufacturers in the world, with a strong presence in the export market. The company’s tractors are known for their reliability, durability, and innovative technology. In 2020, John Deere reported total revenue of $35.5 billion, with a significant portion coming from tractor exports.
2. Kubota Corporation
Kubota Corporation is another major player in the tractor export market, specializing in compact tractors for agriculture and landscaping. The company reported total revenue of $19.3 billion in 2020, with a substantial portion coming from tractor exports to countries in Europe, Asia, and North America.
3. AGCO Corporation
AGCO Corporation is a leading manufacturer of agricultural equipment, including tractors, combines, and sprayers. The company reported total revenue of $9.1 billion in 2020, with a significant portion coming from tractor exports to markets in South America, Africa, and Australia.
4. CNH Industrial N.V.
CNH Industrial N.V. is a multinational manufacturer of agricultural and construction equipment, including tractors under the Case IH and New Holland brands. The company reported total revenue of $27.4 billion in 2020, with a substantial portion coming from tractor exports to markets in Europe, Asia, and the Middle East.
5. Mahindra & Mahindra
Mahindra & Mahindra is a major player in the tractor export market, with a strong presence in countries in Asia, Africa, and the Americas. The company reported total revenue of $12.1 billion in 2020, with a significant portion coming from tractor exports.
6. LS Mtron
LS Mtron is a South Korean manufacturer of agricultural equipment, including tractors and combines. The company reported total revenue of $2.5 billion in 2020, with a substantial portion coming from tractor exports to markets in Asia, Europe, and North America.
7. Escorts Group
Escorts Group is a leading manufacturer of tractors in India, with a growing presence in the export market. The company reported total revenue of $1.5 billion in 2020, with a significant portion coming from tractor exports to markets in Africa, the Middle East, and Southeast Asia.
8. Same Deutz-Fahr
Same Deutz-Fahr is an Italian manufacturer of agricultural equipment, including tractors and harvesters. The company reported total revenue of $3.2 billion in 2020, with a substantial portion coming from tractor exports to markets in Europe, Africa, and the Americas.
9. SDF Group
SDF Group is a leading manufacturer of tractors under the brands Same, Deutz-Fahr, and Lamborghini. The company reported total revenue of $4.8 billion in 2020, with a significant portion coming from tractor exports to markets in Europe, Asia, and the Americas.
10. TAFE
TAFE is a major player in the tractor export market, with a strong presence in countries in Asia, Africa, and the Americas. The company reported total revenue of $2.7 billion in 2020, with a substantial portion coming from tractor exports.
Conclusion
In conclusion, the top 10 tractor export companies in the United States play a significant role in the global tractor industry, with a strong presence in markets all over the world. These companies continue to innovate and expand their product offerings to meet the growing demand for high-quality tractors in the agricultural sector. As the industry evolves, these companies are well-positioned to maintain their leadership positions and drive growth in the tractor export market.