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Machinery exports from U.S. to Canada up 12% in 2012


February 28, 2013
By Aggregates and Roadbuilding

February 27, 2013, Milwaukee, Wis. – Exports
of U.S.-made construction equipment topped 13 percent in 2012 compared to the
previous year for a total $26.7 billion, with South America and Asia reporting
the weakest gains. That rise in exports included a 12 percent hike in Canadian
exports, which rose to $8.1 billion in 2012.

February 27, 2013, Milwaukee, Wis. – Exports
of U.S.-made construction equipment topped 13 percent in 2012 compared to the
previous year for a total $26.7 billion, with South America and Asia reporting
the weakest gains. That rise in exports included a 12 percent hike in Canadian
exports, which rose to $8.1 billion in 2012. The statistics are according to
the Association of Equipment Manufacturers (AEM), citing U.S. Commerce Dept.
data it uses in global markets reports for members.


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AEM
noted that the 13-percent gain for 2012 follows 43-percent growth in 2011 and
28-percent growth in 2010, after a 2009 decline of 38 percent in the depths of
the recession.


"Exports
have been called a bright spot for the U.S. economy, and this has been
especially true for construction equipment manufacturers. Exports have been
essential to our industry's rebound as we continue to struggle with uneven U.S.
markets," stated Al Cervero, AEM vice president and construction sector
leader. "With this global slowing and continued domestic market
uncertainties, it's more important than ever for our lawmakers to enact
job-creating export and manufacturing policies."


U.S.
construction equipment exports to Asia grew 2 percent compared to the previous
year for a total $3.2 billion, while exports to South America increased 6
percent to total $4.6 billion.


Central
America's purchases of U.S. construction equipment gained 13 percent for a
total $2.3 billion; exports to Europe also grew 13 percent, and totaled $3.2
billion; and exports to Africa increased 14 percent to $1.5 billion.


Exports
of U.S. construction machinery to Canada gained 12 percent for a total $8.1
billion, and exports to Australia/Oceania jumped 42 percent to total $3.9
billion.


The
top 10 export destinations for American-made construction machinery in 2012 by
dollar volume: (1) Canada – $8.1 billion, up 12 percent; (2) Australia – $3.8
billion, up 43 percent; (3) Mexico – $1.8 billion, up 13 percent; (4) Chile –
$1.7 billion, up 25 percent; (5) South Africa – $894 million, up 31 percent;
(6) Brazil – $886 million, down 7 percent; (7) Belgium – $806 million, up 43
percent; (8) Peru – $779 million, up 36 percent; (9) Russia – $715 million, up
10 percent; (10) China – $680 million, down 25 percent.