Brazil: agricultural machinery exports see 39.1% growth

The Brazilian Machinery and Equipment Industry Association (Abimaq) announced that exports reached USD 8.921 billion from January to September. Such a figure represents a 25.2% growth over the same period in 2021 and is equivalent to 20% of the sector’s total revenue. In terms of units, the growth of exports in the period was 12.8%.

Specifically for agricultural machinery, the export growth in the period was 39.1%. However, compared to August, exports fell by 2.1% in September. The subsector accounted for 16.3% of Abimaq’s exports in the period.

Source: Canal Rural

To read the full original article, please go to: https://www.canalrural.com.br/radar/maquinas-exportacoes-do-setor-agricola-cresceram-391-no-ano/

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