February 27, 2014, Milwaukee, Wis. – Canada continues
to be the largest importer of U.S.-made construction equipment, importing
nearly four times more than the next largest importer.
February 27, 2014, Milwaukee, Wis. – Canada continues
to be the largest importer of U.S.-made construction equipment, importing
nearly four times more than the next largest importer.
According to recent data released by the
Association of Equipment Manufacturers (AEM), Canada imported $6.8 billion
worth of construction equipment in 2013. The next largest importer, Mexico,
imported just $1.8 billion.
Overall, the export of U.S.-made construction
equipment fell by 25 per cent in 2013 to $20 billion. However, AEM
noted that the 25-percent decline for 2013 follows three years of export growth
(13 percent in 2012, 43 percent in 2011 and 28 percent in 2010), after a 2009
decline of 38 percent in the depths of the recession.
The top export destinations for American-made construction machinery in
2013 by dollar volume: (1) Canada – $6.8 billion, down 16 percent; (2) Mexico –
$1.8 billion, down 1 percent; (3) Australia – $1.2 billion, down 68 percent;
(4) Chile – $999 million, down 40 percent; (5) Brazil – $890 million, down
one-half percent; (6) South Africa – $674 million, down 25 percent; (7) Peru –
$638 million, down 18 percent; (8) Belgium – $617 million, down 24 percent; (9)
Colombia- $562 million, up 1 percent; (10) Russia – $548 million, down 23
percent; (11) China – $380 million, down 44 percent.
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