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Canada is vital to U.S. equipment manufacturers

March 8, 2010  By Andy Bateman


March 9, 2010 – Data released last week by the U.S.
Association of Equipment Manufacturers (AEM) underscores the importance of Canada as an export market for U.S. construction machinery
manufacturers.

At $3.7 billion, 2009 exports to Canada
were: 

  • More than the COMBINED total of exports to the second through sixth
    placed countries; Mexico,
    Australia, Chile, Brazil
    and China 
  • 3.7 times more than the $1.0 billion of exports to Mexico,
    the next biggest country
  • More than 7.5 times the exports to China

Looked at by region, exports to Canada were also

  • Over 1.5 times the exports to the entire South
    America region
  • 1.85 the exports to the entire Asia
    region
  • 2.5 times the exports to Europe

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Reviewing the data, AEM President Dennis Slater
stated that "exports have literally been a lifeline for the construction
equipment industry, which saw U.S.
business plummet more than 40 percent last year and unemployment soar to more
than double the national average."


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