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U.S. construction machinery exports down 21 percent

us-flag-pictures-united-states-of-america-flag2Sept. 20, 2013 – U.S. construction machinery exports dropped 21 per cent during the first half of 2013, with $10.8 billion shipped to global markets, compared to $13.7 billion at mid-year 2012, according to the Association of Equipment Manufacturers.


September 19, 2013
By Association of Equipment Manufacturers

Sept. 20, 2013–US construction machinery exports dropped 21
per cent during the first half of 2013, with $10.8 billion shipped to global
markets, compared to $13.7 billion at mid-year 2012, according to the
Association of Equipment Manufacturers. The AEM off-road equipment
manufacturing trade group consolidates US Commerce Dept. data with other
sources into global trend reports for members.

Nearly all world regions recorded double-digit declines,
except Central America with a double-digit gain.

For construction equipment exports for the first half of
2013, compared with midyear 2012:

Exports to Europe declined 20 per cent for a total $1.4
billion, and dropped 15 per cent to Canada for a total $3.7 billion.

Exports to Asia decreased 24 per cent to $1.2 billion. Exports to Central America gained 15 per cent to $1.2
billion, with exports to South America dropping 13 per cent to $1.9
billion.

Australia/Oceania’s export purchases decreased 62 per cent
to $750 million, while Africa took delivery of $654 million worth of
construction equipment, a 20-per-cent drop.

The top countries buying the most U.S.-made construction machinery
during the first half of 2013 were: (1) Canada – $3.7 billion, down 15 per cent;
(2) Mexico – $1 billion, up 18 per cent; (3) Australia – $715 million, down 63
per cent; (4) Brazil – $513 million, up 17 per cent; (5) Chile – $475 million,
down 38 per cent; (6) Colombia – $333 million, up 13 per cent; (7) Belgium –
$330 million, down 18 per cent; (8) Peru – $329 million, down 9 per cent; (9)
South Africa- $316 million, down 36 per cent; (10) Russia – $269 million, down
34 per cent; (11) China – $243 million, down 38 per cent.

Related Link
www.aem.org