Magazines

Subscribe to our print & digital magazines now

Subscribe

Agricultural Machinery: Strengthening Strategic Partnership Between Italy and the USA

Italian agricultural machinery exports to the US exceeded €320 million in early 2024. The EIMA International exhibition in Bologna will highlight this growth with a focus on cutting-edge technologies.

Updated on: 8 August, 2024 10:58 AM IST By: KJ Staff
Agricultural Machinery (Photo Source: Pixabay)

Italian agricultural machinery is gaining significant traction among US farmers, according to recent data from Istat. The National Statistical Institute's reports, processed by FederUnacoma, reveal a notable rise in Italian exports of agricultural technologies to the United States. In the first four months of the year, exports to the US surpassed €320 million, marking a 7.6% increase compared to the same period in 2023. This surge has positioned the US as Italy's leading market in this sector, surpassing traditional partners like France and Germany. The US now accounts for 14.5% of Italy's total agricultural machinery exports.

The uptick in demand is largely driven by increased interest in equipment and machines, which saw a 12.6% growth, totaling €250 million. However, the tractor segment experienced a slight decline of 6.7%, reaching €71.2 million. This trend underscores the significant role the Italian-American partnership plays in agricultural mechanics, a key sector of Italy's industrial prowess. Italian technology's appeal is attributed to its broad range, technological innovation, and customization options tailored to diverse agricultural needs.

The EIMA International exhibition, a biennial event dedicated to agricultural mechanics, is set to highlight this growing interest. Scheduled for November 6-10 at the Bologna Fair, the 46th edition of EIMA International is expected to attract a substantial number of North American businesspeople. The exhibition has seen a steady increase in US attendance, with the number of American attendees rising from 695 in 2016 to 1,260 in 2022. The 2024 edition is anticipated to surpass the previous record, following a remarkable 2022 event that drew over 320,000 visitors.

EIMA International, covering 370,000 square meters and featuring 60,000 models across 14 sectors and 5 thematic showcases, will present a wide array of agricultural technologies. From viticulture to irrigation systems, US agricultural professionals will find solutions suited to their specific needs. The event also serves as a platform for dialogue among public officials, technicians, and experts, with numerous press conferences, conventions, and workshops scheduled.

A highlight of EIMA International will be the Technical Innovations contest, showcasing cutting-edge technologies. Additionally, dynamic tests, including tractor demonstrations and bioenergy machinery, will be featured. The newly introduced REAL space will focus on robotics, drones, and automated systems, reflecting the latest advancements in agriculture aimed at enhancing productivity, sustainability, and efficiency.

Overall, EIMA International offers a comprehensive view of the latest trends and innovations in agricultural technology, reinforcing the growing synergy between Italian expertise and US agricultural needs.

Test Your Knowledge on International Day for Biosphere Reserves Quiz. Take a quiz