MILWAUKEE, Wis. — U.S. exports of agricultural-related machinery totaled $10.4 billion in 2008, an increase of 26 percent compared to the previous year, according to the Association of Equipment Manufacturers.
Australia/Oceania led the way in percentage growth, followed by Canada, South America and Europe.
The Association of Equipment Manufacturers trade group consolidates U.S. Commerce Department data for off-road equipment with other sources into quarterly export trend reports.
Australia/Oceania
U.S. farm equipment exports to Australia/Oceania totaled $794 million, a 59 percent increase for 2008 and exports to Canada grew 31 percent in 2008, with purchases totaling $2.8 billion.
South America took delivery of $888 million worth of American-made agricultural equipment, a gain of 29 percent and exports to Europe increased 23 percent and totaled $4 billion.
Asia bought $793 million worth of U.S. agricultural machinery, a 12 percent increase, while Central America’s export purchases of $813 million represented a 13 percent increase.
Africa
Africa’s farm equipment export purchases were $299 million, a gain of 21 percent.
