The Italian agricultural machinery industry closed 2020 with a production value of 11.5 billion euros, slightly higher than the previous year (+0.4%). The favourable trend of the agricultural economy at the global level keeps production levels high for a mechanical engineering sector that derives 70% of its turnover from exports
Italian production of tractors, other machinery for agriculture, gardening and associated components brought in sales valued at € 11 billion in 2017. The largest share was assigned to exports which reach a value estimated at about € 7.5 billion