U.S. construction machinery exports dropped 21% during the first half of 2013, with $10.8 billion shipped to global markets compared to $13.7 billion at midyear 2012, according to the Association of Equipment Manufacturers (AEM). The AEM off-road equipment manufacturing trade group consolidates U.S. 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% for a total $1.4 billion, and dropped 15% to Canada for a total $3.7 billion.
• Exports to Asia decreased 24% to $1.2 billion.
• Exports to Central America gained 15% to $1.2 billion, with exports to South America dropping 13% to $1.9 billion.
• Australia/Oceania’s export purchases decreased 62% to $750 million, while Africa took delivery of $654-million worth of construction equipment, a 20% 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%
2. Mexico - $1 billion, up 18%
3. Australia - $715 million, down 63%
4. Brazil - $513 million, up 17%
5. Chile - $475 million, down 38%
6. Colombia - $333 million, up 13%
7. Belgium - $330 million, down 18%
8. Peru - $329 million, down 9%
9. South Africa- $316 million, down 36%
10. Russia - $269 million, down 34%
11. China - $243 million, down 38%.