PTBP Web Desk
Millat Tractors Limited (MTL), Pakistan’s premier tractor manufacturer, is expanding its global reach after experiencing a dip in exports to Afghanistan due to political instability. According to a recent corporate briefing, the company is now targeting markets as far-flung as Mexico, Africa, and Sri Lanka, seeking to offset declining export volumes and reinforce its overseas presence.
During a corporate briefing, attended by Arif Habib Limited (AHL), MTL’s management revealed that its annual export volume fell to 2,607 units, down from 2,761 units in the previous year. While Afghanistan had long been a cornerstone of MTL’s export business, sales in the country have significantly dropped, primarily because of the ongoing political turmoil under the Taliban-led government.
The AHL report cited by company officials noted:
“Afghanistan was a key export market, but sales there have decreased due to political instability.”
As a result, MTL is now placing greater emphasis on emerging and non-traditional markets: Mexico, various African nations, and Sri Lanka — all of which the company hopes will drive future export growth.
Despite challenges in its export business, MTL saw a surge in domestic tractor sales in October 2025, when it sold 2,000 units in a single month. This uptick was fueled by Pakistan’s Green Tractor Scheme, a government policy aimed at boosting mechanization among farmers.
However, company leadership cautioned that this level of monthly sales may be difficult to sustain. “Maintaining consistent MoM (month‑on‑month) growth seems difficult,” they admitted. Still, analysts — including those at AHL — are cautiously optimistic, projecting some improvement in export and sales volumes in the year ahead.
Another challenge MTL faces is increased competition. According to the management, Belarus tractors have begun entering MTL’s core markets. Nonetheless, MTL remains confident in its position: with an estimated 65% market share in Pakistan’s tractor segment, the company does not currently anticipate major disruption from Belarus models.
