Does Russia Need Its Own Industry? Based on the current situation, the answer appears to be no.
Recently, Konstantin Babkin, co-owner of the Rostov Agricultural Machinery Plant, gave a candid interview to Kommersant, openly discussing the challenges facing his enterprise and the systemic crisis in the domestic agricultural machinery sector. His remarks were sharp and unvarnished. Frankly, it’s been a long time since I’ve seen a high-profile figure speak so bluntly about problems […]
In 2024, Brazil’s Excavator Imports Five Times Exports
The Brazilian excavator market presents obvious import-oriented characteristics. In 2024, Brazil will import nearly 15,000 excavators, with a cumulative import value of more than 750 million US dollars, five times that of excavator exports. On a monthly basis, the performance of the import market in the first half of the year was significantly better than that in […]