U.S. Construction Equipment Exports Still in Decline

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MILWAUKEE, Wis. — Exports of U.S.-made construction equipment dropped 17.6 percent for the first three quarters of 2015 compared to January-September 2014, for a total $10.8 billion shipped worldwide.

All world regions experienced declines, led by Africa and South and Central America, according to the Association of Equipment Manufacturers. The AEM equipment manufacturing trade group cited U.S. Department of Commerce data it uses in global market reports for members.

Exports by World Region
January-September 2015 U.S. construction equipment exports by major world regions compared to January-September 2014:

  • Canada dropped 15 percent, for a total $4.4 billion
  • South America declined 28 percent, for a total $1.4 billion
  • Europe dropped 11 percent, for a total $1.4 billion
  • Asia decreased 10 percent, for a total $1.4 billion
  • Central America fell 21 percent, for a total $1.1 billion
  • Australia/Oceania declined 5 percent to $645 million
  • Africa decreased 36 percent to $611 million

Exports by Top 10 Countries
The top countries buying the most U.S.-made construction machinery during the first three quarters of 2015 (by dollar volume) were:

  1. Canada – $4.4 billion, down 15 percent
  2. Mexico – $906 million, down 23 percent
  3. Australia – $602 million, down 3 percent
  4. Chile – $388 million, down 11 percent
  5. Brazil – $347 million, down 39 percent
  6. Peru – $267 million, down 26 percent
  7. South Africa – $264 million, down 50 percent
  8. Belgium – $230 million, down 34 percent
  9. China – $214 million, down 25 percent
  10. United Arab Emirates – $182 million, up 57 percent

AEM’s Construction Equipment Global Markets Export report and select other reports are available to the public through the AEM store. AEM members may access the global markets export report on the AEM website in Market Intelligence section.

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