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II Agri
Performance
II
Im/export
Trade
II
Sales & Demand
II
Sources and Supply
II
Stats
II
Trade,
Imports and Exports
The country is a net importer
of agricultural machinery and equipment. Imports totaled $204.5
million over the last five years. Shipments were over $53 million
in 1996 and 1997 but fell to less than half ($25.7 million) the
following year resulting from reduced plantings and the weakening
of peso. The year 1998 also saw a sharp increase in local
machinery production estimated at $11 million, as the purchase of
imported machinery became costly expense for most farmers and
cooperatives. Imports, however, quickly recovered in 1999 and 2000
with growth of 25.7% ($32.3 million) and 24.2% ($40 million),
respectively. (Reyes, 2001)
Drip irrigation system is
the highest among the machinery with value of $26 million (12%
share of the market). Second in the list is the machinery
for animal feeding stuffs at $23 million. Other imports above the
20 million level included: other wheeled tractors, used ($21.3
million), other mechanical devices for dispersing/applying
fertilizers ($20.9 million) and other wheeled tractors, new. Major
sources of imported machinery include Israel, Taiwan, Korea,
Japan, Netherlands, Italy, United Kingdom and USA.
On the other hand, exports
over the last five years were minimal at $4.4 million, or 2% of
imports. A large part of exports (41.7%) was accounted for by
other agricultural, horticultural, forestry and bee-keeping
machinery. Other major exports were driers for agricultural
produce (12.4%) and parts of plows, harrows, seeders, cultivators
and other machinery for soil.
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