U.S. construction machinery exports down 21 percent

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