Agricultural farming products and
equipment concerns
all tools and machinery used in horticulture and animal husbandry.
A wide variety of equipment and products are required based on the industries and operations of a particular farm
- The agricultural industry has seen a drastic reduction in labor needs in the past century due to mechanization improvements;
further labor reductions are expected as automation and digitalization yield more efficiencies. - While international agro-food markets have evolved, most countries continue to provide support and impose barriers through measures that distort trade and limit the benefits that international agro-food markets can deliver for consumers.
- These measures have significant and negative effects on the welfare, resilience and food security of consumers and producers, as well as on agricultural sustainability, and also reduce agricultural and food trade volumes.
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New and closer linkages between agricultural and food sectors, and between these and other sectors of the economy, mean that the impacts of trade and domestic support measures are transmitted more widely. Globally, around 24% of agro-food export value comes from imported inputs: industrial inputs (machinery and fertiliser) and services, as well agriculture and food. Trade policies that act as barriers to imports directly reduce the competitiveness of a country’s own agro-food exports by raising input costs
- The European farm equipment industry remains a technology provider for farmers worldwide. Machines made in Europe meet state-of-the-art standards and reach the highest technological level. The industry is on the cutting edge of innovation and remains one of the most competitive sectors in the EU.