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"Rising Demand and Advantageous Partnerships: Greece's Import of Indian Tractors"

Greek agriculture has advanced thanks to a large increase in the import of Indian tractors in recent years. India has established itself as a major provider of dependable and affordable agricultural equipment for Greece, with a market value that exceeds millions of dollars. The import statistics up to 2020 demonstrate the significant increase in this industry as Greece comes to appreciate the value that Indian tractors provide in terms of price, dependability, and variety. Greece's agriculture sector has profited significantly from the specialized alternatives and thorough maintenance assistance offered by Indian producers. Greece and India's successful partnership paves the way for continued agricultural output and prosperity in the area.

Demand for Importing tractor and its spare parts from India:

Due to their affordability, dependability, and versatility, Indian tractors are in high demand. Indian tractors are designed to meet a variety of agricultural purposes and come in a variety of types with different power capacities and features. They are attractively priced, attracting purchasers looking for economical agricultural equipment. Tractors can also be customized to meet particular needs thanks to the many modification choices offered by Indian manufacturers. Indian tractors are preferred for their accessibility and maintenance assistance due to their established network of spare parts suppliers and post-sale services. Overall, the ability of Indian tractors to efficiently and effectively meet agricultural demands is what drives global demand for them.

How much is the worth of a tractor India exported?

India exported $ 1.56 billion worth of "Tractors (other than tractors of heading 87.09)" as part of commodity group 8701 in 2022. India increased its sales of commodity group 8701 by 20% from 2021: Commodity group 8701 "Tractors (other than tractors of heading 87.09)" exports increased by $262 million (India contributed $1.29 billion to the total commodity group 8701 exports in 2021).

The exports of the commodity group 8701 "Tractors (other than tractors of heading 87.09)" accounted for 0.344% of all goods exported from India in total ($452 billion in overall exports from India in 2022). Commodity group 8701's share of India's overall exports increased by 0.015 percentage points in 2022 compared to 2021 (when India's cumulative exports were 0.328%).

India exports tractors (other than those with the heading 87.09) to where?

Top countries to which India will export "Tractors (other than tractors of heading 87.09)" in 2022:

United States, 32% (513 million US dollars),

Netherlands, 6.8% (106 million US dollars),

Brazil has a share of 5.18% ($80 million) of the market.

With a share of 4.77% (74 million US dollars), Bangladesh

With a share of 4.74% (74 million US dollars), South Africa

With a share of 4.08% (63 million US dollars), Mexico

Thailand's share was 3.82% (59 million US dollars).

Italy's portion was 2.33% (36 million US dollars).

With a stake of 2.28% (35 million US dollars), Australia

Kenya's share was 1.97% (30 million US dollars).

Why do people around the world prefer to purchase Indian tractors?

Performance that can be counted on: Indian tractors are known for their dependable and constant performance, which gives farmers the assurance and efficiency they need to complete their agricultural duties.

Flexibility in a range of conditions: Indian tractors are made to work in a variety of terrains and climates, making it possible for farmers from various climes and areas to use them successfully.

Low maintenance costs: Indian tractors frequently use less gasoline than their foreign counterparts, which helps farmers cut back on maintenance expenditures. The cost-effectiveness of their total operation is also enhanced by their low maintenance and repair expenses.

Spare parts availability: Indian tractor manufacturers have set up international networks for spare parts distribution, guaranteeing that farmers can quickly get the necessary parts when required and minimizing downtime.

Technological developments: Indian tractor producers have been introducing cutting-edge technologies and advances into their tractors, giving farmers better accuracy in their farming operations and access to cutting-edge features.

Strong agricultural heritage: India has a long history of farming, and its tractor manufacturers have amassed vast experience and understanding in addressing the various needs of farmers, making Indian tractors a reliable option.

a large number of choices The large range of models offered by Indian tractor manufacturers allow customers to select the tractor that best suits their demands while also meeting the unique needs of various farming operations.

Global presence and reputation: Indian tractor brands have a strong presence abroad and enjoy a good reputation with farmers all over the world, which helps explain why they are so well-liked and well-favored in the global market.

8701 - Tractors (other than tractors) export structure - from India in 2022, comprised primarily of the following commodity groups:

4.29% ($66,000,000): 870130 - Tractors for laying tracks

0.128% (2,000,000 USD): (Excl. of 87.09) 870110 - Pedestrian-controlled tractors

Imports of "Tractors (other than tractors of heading 87.09)" from commodity group 8701 to India were worth $ 44 million in 2022. In value terms, the sales of commodity group 8701 to India fell by 27% from 2021. The value of imports of commodity group 8701 to India was $60 million in 2021, whereas imports of "Tractors (other than tractors of heading 87.09)" declined by $ 16.3 million.

0.006% of all imports to India were in the commodity group 8701 "Tractors (other than tractors of heading 87.09)", India's total imports came to $732 billion). Comparatively to 2021 (when it was 0.01% and total imports to India were $ 570 billion), the proportion of commodity group 8701 in total imports to India fell by 0.004 percentage points.

In 2022, imports of commodity group 8701 to India totaled $6.94 billion, accounting for 0.637% of all imports of the group " overall. In comparison to 2021, when imports of commodity group 8701 to India were $6.41 billion, the proportion of purchases of commodity group 8701 decreased by 0.308 percentage points.

OEM (Original Equipment Manufacturer) and OES (Original Equipment Supplier) tractor spare parts are a specialty of Indian exporters. They provide a large selection of premium components that are obtained directly from trustworthy manufacturers or suppliers, guaranteeing compatibility and adhering to the necessary criteria. By offering both OEM and OES choices for tractor replacement parts, exporters are able to meet the different needs of their customers.

Brands from where indian exporters purchase tractor parts and spare parts:

Companies: Mahindra and Mahindra, Ford New Holland, Massey Ferguson, UTB Romania, Zetor, Sonlaika Solis, Yanmar, Kubota, IMT, TAFE, John Deere, Escorts, Deutz, CLASS. Tractor: Deal in both aftermarket and OEM replacement parts.

Main segments: Silencers, filters, brake parts, body parts, steering parts, fluids and grease, engine parts, clutch parts, and so forth

Piston, piston rings, cylinder liners, gaskets, bush, sealing o-rings, tyres, seats, hood, clutch plate, pressure disc, silencer, circlip, connecting roads, brake pads, brake liners, gears, bevel gear, shafts, cages, camshaft, crankshaft, u-joint, oil filter, fuel filter, air filter, sealing ring, camshaft bearing, valve guide, bracket, axle bearing, bearing

Bell crank and spring pin repair kit, Bronze THRUST PAD, Kingpin units, Bronze Bushes, Kingpins, Flywheel assembly, differential washer set, bi-metallic bushes, H shackles, a steel roller bearing, a synchronizer ring, gear slider pads, and air compressor, cylinder block, cylinder liner, semi-finished sleeve, piston ring, piston with the ring, piston with circlips, engine valve, connecting rod, central bearing, connecting rod bearing, camshaft bush, clutch master cylinder, water pump, bevel gear assembly, crown wheel and pinion, planet gear, gear, sun gear, sun shaft, pinion.

Apart from agriculture, other sectors involved Indian tractors:

Indian tractors are used in many different industries outside of agriculture. Here are a few instances:

Construction: For operations like earthmoving, leveling, and towing, tractors are frequently utilized in construction projects. They are useful for handling construction machinery and materials due to their adaptability and strength.

Construction of roads, dams, and pipelines are just a few of the infrastructure development projects that involve the use of tractors. They help with activities like clearing the ground, digging, and moving building supplies.

Horticulture and landscaping: Tractors are used for horticulture and landscaping tasks like vineyard management, orchard maintenance, park or golf course upkeep, and more. They assist with planting, tilling the ground, and other chores involved in preserving green spaces.

Tractors are utilized in a wide range of industrial settings, including commodities handling, towing, and transportation inside industrial buildings. In factories, warehouses, and logistical operations, they work.

Tractors are commonly used for both passenger and cargo transportation in rural areas. In locations with poor road infrastructure, they are modified with trailers or passenger carriers to make transit easier.

Tractors are frequently used in government-led initiatives like plans for land development, rural electrification, and watershed control programs. They offer assistance with a variety of these initiative tasks.

Tourism and recreation: Tractors are used in tourism and leisure activities like camping, farm tours, and tractor-pulled rides. They enhance agritourism operations and give guests a distinctive experience.

These are only a few instances of the use of tractors in industries other than agriculture highlighting their versatility and utility in diverse industries and applications.

India imports totaled 8701

sources of tractors imported into India under category 8701 that are not tractors under heading 87.09

Where does India source its imports of tractors (other than those with the heading 87.09)?

Top trading partners for India in 2022 (for the import of "Tractors (other than tractors of heading 87.09)"):

With an 87% stake (38 million US dollars), Thailand

With a share of 3.87% (1.71 million US dollars), Japan

With a stake of 2.54% (1.12 million US dollars), United Kingdom

With a share of 2.42% (1.07 million US dollars), Poland

China holds a portion of 1.47% (654 US dollars).

USA - 290 000 US dollars

Sweden received $260,000 USD.

Lithuania — 202 000 USD

Nepal - $90.000 USD

Turkey - $77,000 USD

The following major commodity groups will make up the import structure for heading 8701, Tractors (other than Tractors of heading 87.09), to India in 2022:

1.62 million US dollars, 3.66%: 870130 - Tractors for laying track

0.001% (784 US$): 870110 - Pedestrian controlled tractors (excl. of 87.09)