News
U.S. construction machinery exports down

August 21, 2013, Milwaukee, WI – U.S. construction
machinery exports dropped 21 percent 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).

August 21, 2013, Milwaukee, WI – U.S. construction
machinery exports dropped 21 percent 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 percent for a total
  $1.4 billion, and dropped 15 percent to Canada for a total $3.7 billion.
• Exports to Asia decreased 24 percent to $1.2
  billion.
• Exports to Central America gained 15 percent to
  $1.2 billion, with exports to South America dropping 13 percent to $1.9
  billion. 
• Australia/Oceania's export purchases decreased 62
  percent to $750 million, while Africa took delivery of $654 million worth of
  construction equipment, a 20-percent 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 percent;
(2) Mexico – $1 billion, up 18 percent; (3) Australia – $715 million, down 63
percent; (4) Brazil – $513 million, up 17 percent; (5) Chile – $475 million,
down 38 percent; (6) Colombia – $333 million, up 13 percent; (7) Belgium – $330
million, down 18 percent; (8) Peru – $329 million, down 9 percent; (9) South
Africa- $316 million, down 36 percent; (10) Russia – $269 million, down 34
percent; (11) China – $243 million, down 38 percent.