International Business

ASSIGNMENT

Of

INTERNATIONAL BUSINESS

On

Major Export Industry Sector in USA

By- Sumit Kumar Gupta

Roll No- PGD09151

Leading Sectors for U.S. Export

1. Agriculture Equipment

2. Aircraft Parts and Aviation

3. Airports

4. Telecom Equipment and Services

5. Transportation

TOTAL EXPORT OF USA- $1.057 trillion (2009 est.)

Agricultural Equipment

(in US$ millions) 2008 2009 (est.) 2010 (est.)

Total Market Size- 6,369 6,465 6,788

Total Local Production- 6,799 5,303 5,568

Total Exports- 3,048 1,493 1,567

Total Imports- 2,618 2,655 2,787

Imports from the U.S. 785 796 836

Brazil has thirteen industrial production units owned by seven large agricultural equipment manufacturers. Most of the international agricultural machinery producers are manufacturing locally and exporting agricultural machinery to other South American countries. These manufacturers include Agco, Agrale, Caterpillar, John Deere, Komatsu, Valtra, and CNH (Case,Fiat Allis and New Holland). Total installed production capacity in Brazil is 86,000 machines per

year.In 2008, according to Brazilian Automotive Vehicles Manufacturers Association (ANFAVEA), sales of agricultural machinery increased 42% in Brazil, in comparison with the previous year, and reached 54 thousand units. Brazil produced 53 thousand agricultural machines in 2008,30% more than in 2007, and imported 1,680 units in 2008.

According to industry specialists, production of agricultural machinery in Brazil in 2009 is estimated to have shrunk to 66 thousand units, a 22% decrease from the previous year.

A large portion of the agricultural machinery manufactured in Brazil is for export, with South American countries representing over 56% of Brazilian exports of machinery. Exports of tillers, wheel tractors, crawler tractors, combines, loaders and...