NAICS Code 423820-07 - Farm Equipment-Used (Wholesale)

Marketing Level - NAICS 8-Digit

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NAICS Code 423820-07 Description (8-Digit)

Farm Equipment-Used (Wholesale) is a subdivision of the NAICS Code 423820 that involves the wholesale distribution of used machinery and equipment used in farming and gardening activities. This industry is responsible for the distribution of second-hand equipment that has been previously used in agricultural activities. The equipment is usually sourced from farmers who have upgraded their equipment or are no longer in need of it. The used equipment is then sold to other farmers or businesses that require it for their farming activities.

Parent Code - Official US Census

Official 6‑digit NAICS codes serve as the parent classification used for government registrations and documentation. The marketing-level 8‑digit codes act as child extensions of these official classifications, providing refined segmentation for more precise targeting and detailed niche insights. Related industries are listed under the parent code, offering a broader context of the industry environment. For further details on the official classification for this industry, please visit the U.S. Census Bureau NAICS Code 423820 page

Tools

Tools commonly used in the Farm Equipment-Used (Wholesale) industry for day-to-day tasks and operations.

  • Tractors
  • Plows
  • Cultivators
  • Harrows
  • Seed drills
  • Sprayers
  • Balers
  • Mowers
  • Tillers
  • Spreaders

Industry Examples of Farm Equipment-Used (Wholesale)

Common products and services typical of NAICS Code 423820-07, illustrating the main business activities and contributions to the market.

  • Used tractors
  • Second-hand plows
  • Cultivators for sale
  • Harrows for farming
  • Used seed drills
  • Sprayers for sale
  • Second-hand balers
  • Mowers for farming
  • Tillers for sale
  • Spreaders for farming

History

A concise historical narrative of NAICS Code 423820-07 covering global milestones and recent developments within the United States.

  • The Farm Equipment-Used (Wholesale) industry has a long history dating back to the early 20th century when the first tractors were introduced. The industry has since grown to include a wide range of used farm equipment such as plows, cultivators, and harvesters. In the United States, the industry has seen significant growth in recent years due to the increasing demand for used farm equipment. This growth can be attributed to the high cost of new equipment and the need for farmers to replace aging equipment. The industry has also benefited from advancements in technology, which have made it easier to find and purchase used equipment online. Overall, the Farm Equipment-Used (Wholesale) industry has played a vital role in the agricultural sector by providing farmers with affordable and reliable equipment to help them increase their productivity and profitability.