U.S. Machinery Exports Down 21 Percent

August 20, 2013

U.S. construction machinery exports declined 21 percent during the first half of 2013, according to the Association of Equipment Manufacturers. A total of $10.8 billion was shipped to global markets, compared with $13.7 billion for the same time frame in 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
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