machinery exports up 48 percent
United States exports of construction equipment
continued to grow in 2011 and ended the first half of the year
up 48 percent compared to January-June of 2010. Total construction
machinery exports at midyear were $11 billion, according to the
Association of Equipment Manufacturers (AEM). The off-road equipment
manufacturing trade group consolidates United States Commerce
Department data with other sources into member global trend reports.
“Exports remain a bright spot for the United States construction
machinery manufacturing industry with continued weakness in the
domestic marketplace. Pro-American export policies such as free
trade agreements are proven to spur economic growth, which means
manufacturers can provide more jobs for United States workers.
That’s a key message of our I Make America campaign, which underscores
the significant role of manufacturing in United States job creation,”
stated Al Cervero, AEM vice president and construction sector
- Exports of United States made construction machinery to
South America grew 51 percent to total $2.1 billion, and exports
to Central America totaled $933 million for a 24 percent gain.
Among the top 10 countries buying equipment during the first
half of 2011 were Brazil, Chile, Colombia, Mexico and Peru.
- Asia’s export purchases increased 54 percent to $1.5 billion,
and Europe’s 75 percent gain translated to $1.4 billion.
- Australia/Oceania took delivery of 52 percent more American
made construction machinery for a total $1 billion, and exports
to Canada increased 43 percent and totaled $3.4 billion.
- United States exports to Africa grew 50 percent for a total
The top 10 export destinations for American made construction
equipment during the first half of 2011 were:
- Canada – $3.4 billion, up 43 percent.
- Australia – $1 billion, up 61 percent.
- Mexico – $742 million, up 35 percent.
- Chile – $608 million, up 32 percent.
- China – $480 million, up 98 percent.
- Brazil – $480 million, up 28 percent.
- Colombia – $419 million, up 121 percent.
- South Africa – $325 million, up 88 percent.
- Russia – $319 million, up 195 percent.
- Peru – $290 million, up 72 percent.