According to the Association of Equipment Manufacturers (AEM) halfway through 2010, U.S. ag equipment exports are up 4% compared with 2009 numbers. Midyear shipments total $4.9 billion.
AEM’s off-road equipment manufacturing trade group consolidates U.S. Commerce Dept. data with other sources into global trend reports for members.
Charlie O’Brien, AEM vice president agricultural sector, cautions that while some economies are rebounding, there is still uncertainty in some regions.
The top destinations for U.S. agricultural machinery exports from January through June 2010 were:
- Canada - $1.8 billion, up 15%
- Mexico - $392 million, up 45%
- Australia - $350 million, up 2%
- Germany - $216 million, down 7%
- China - $184 million, up 53%
- France - $173 million, down 23%
- United Kingdom - $151 million, down 8%
- Brazil - $133 million, up 43 percent;
- Netherlands - $118 million, up 60%
- Russia - $111 million, down 1%
Read the full article on Agweb.com.
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