Trade Resources Economy Agricultural Machinery Sales in Argentina Grew

Agricultural Machinery Sales in Argentina Grew

Argentina's agricultural machinery industry continued its steady development since 2003. The first quarter of 2013, the country's agricultural machinery sales were 3893, with sales of 1,853,100,000 dollars, an increase of 24.2%. Among which, 65% was produced by the Argentine domestic, which means 2537 for domestic agricultural machinery, the remaining 1356 units for the import of agricultural machinery.

In addition, the first quarter of 2013, domestic sales of combine harvesters in Argentina totaled 386 units, of which 216 domestic and the remaining 170 for the import, this is the first time since 2004 that domestic sales of combine harvesters beyond imported.

Italian Fiat announced on Tuesday (May 7) that Argentina was located in the middle of Cordoba Province, Ferreira, Case New Holland, tractors and combine harvester factory investment of 140680000 dollars, which would create 800 jobs and would achieve collect 100000000 dollars/ year.

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