U.S.-Made Agriculture Equipment Gained 16% in 2012 to $12.8 Billion
By Amanda Brodhagen, Farms.com
An export of United States-made agriculture equipment increased by 16% in 2012 for a total of $12.8 billion says the Association of Equipment Manufactures (AEM). The 16% gain for 2012 follows 23% growth in 2012 and 12% growth in 2010. AEM says that they are optimistic that global sales will continue to grow.
The top 10 export destinations for American-made agricultural machinery in 2012 (by dollar volume):
1. Canada - $4 billion, up 18%
2. Australia - $1.1 billion, up 5%
3. Mexico - $959 million, up 19%
4. Brazil - $729 million, up 41%
5. Germany - $497 million, up 9%
6. China - $468 million, up 42%
7. Ukraine - $382 million, up 30%
8. France - $370 million, up 18%
9. Russia - $334 million, up 42%
10. South Africa - $315 million, up 47%