weekly_edition_823

9 4.2 to 4.7.2018 Another factor that animates the machinery segment is the BNDES decision to revise the amounts that will be allocated to financing programs for agricultural and road machinery, up 2% from the amount allocated last year. For the vice president Alfredo Miguel Neto “the increase is still low, but it is already a positive sign”. Miguel Neto also pointed out that the vehicle sector could be influenced positively by some events in other countries, such as the dispute between China and the United States regarding surcharges in several imported products and the drought in Argentina, which is expected to affect production there. The expectation of the entity is so good for the sector that in the coming months there will be a revision of some projections for the year and that of agricultural and road machinery will probably be up. Currently, Anfavea’s projection is for expansion of 3.7% in sales, 11.8% in production and 9.9% in exports. Production - The production of agricultural machinery in the quarter already shows positive numbers, with 11 thousand 998 units, against 11 thousand 884 in the same period of last year, a high of 0.9%. Anfavea expects this volume to continue growing month by month. In March, 5 thousand 360 machines left production lines, up 0.4% compared to the same month last year. In relation to February, when 3 thousand 905 units were produced, there was an increase of 37.3%. Exports - With falling domestic sales and rising production sales to other countries have been another way for companies in the industry. In the first quarter, 2 thousand 889 machines were shipped, compared to 2 thousand 120 in the same period last year, up 31.7%. In March, 1 thousand 190 units were exported, up 15.1% compared to the same month last year. In comparison with February, growth was 27.5%.

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