The total sales of agricultural machinery in Argentina grew by 82% to a value of AR$ 49 billion ($481.8 million) in the quarterly annual comparison, according to data released by the country’s National Institute of Statistics and Census (Indec).

Argentina’s National Institute of Statistics and Census (Indec) recently reported agricultural machinery sales in the country during the first quarter totaled AR$ 25.27 billion ($266 million). This is 93.4% higher compared to the same quarter of 2020.

Argentina’s National Institute of Statistics and Census released in August the sales data for the second quarter of 2020.

Argentina’s National Institute for Statistics and Census (Indec) reports that during the first quarter 2020, 228 combines were sold. This was down 23% year-over-year in units, but up 7.8% in value.

Sales of all farm machinery reported by Argentina’s National Institute of Statistics and Census (Indec) registered a decline of 8.7% during the third quarter of 2018 compared to the same period of 2017. Overall revenue reached nearly AR$7.5 billion ($199.1 million at current exchange rates). The unit sales drop was more significant for harvesters (102 units), which declined 65.1%, while tractor sales (1,335 units) dropped 53.9%. Agricultural implements (1,388 units) decreased 35.4% and seeder sales (596 units) fell 19.2%.