Manufacturers Exported Less Farm Equipment in 2016

From January to September 2016, U.S. exports of ag equipment fell 14 percent compared with the same time period last year. The total shipped to global markets was $5.1 billion.

According to the Association of Equipment Manufacturers (AEM), Europe and Central America led in gains while Asia saw the biggest decline. The business group cited data from the Department of Commerce.

Countries who have spent the most on ag machinery made in the U.S. in the first nine months of 2016 are:

• Canada ($1.5 billion)
• Mexico ($873 million)
• Australia ($353 million)
• Germany ($185 million)
• China ($156 million)
• France ($128 million)
• Ukraine ($123 million)
• Brazil ($115 million)
• South Africa ($91 million)
• United Kingdom ($89 million)

Source: AEM