April 1, 2012, Washington – U.S. construction equipment exports
increased 43 per cent
in 2011 compared to 2010, for a total of $23.5 billion in machinery
exports, according to the Association of Equipment
Manufacturers. This accelerated growth (28 percent in 2010 and a drop of
almost 40 per cent in 2009's recession) comes in large part out of the
Canadian market.
With a 41% increase in exports to $7.2 billion, the Canadian market once again represents a market almost as large as the next five countries combined (Australia, Mexico, Chile, Brazil, and China).
The top 10 countries buying U.S.-made construction
machinery in 2011 were Canada ($7.2 billion); Australia ($2.7 billion,
up 79 percent); Mexico ($1.6 billion, up 28 percent); Chile ($1.3
billion, up 45 percent); Brazil ($951 million, up 25 percent); China
($903 million, up 81 percent); Colombia ($811 million, up 38 percent);
South Africa ($683 million, up 72 percent); Russia ($652 million, up 96
percent); and Peru ($572 million, up 31 percent).
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