Argentina: Machinery Sector Recovers in 2Q

Argentina’s National Institute of Statistics and Census released in August the sales data for the second quarter of 2020. Harvester units jumped from 228 units in the first quarter of 2020 to 280 units in the second quarter, up 22.8%. Year-over-year, sales were up 29% from 217 machines sold.

Tractor sales were up 85.7% from 1,083 units in the first quarter and 30.2% vs. last year (1,545 units). In the period, 921 seeders were traded…

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