The Association of Equipment Manufacturers (AEM) reported U.S. construction equipment exports increased 43% in 2011 compared to the previous year for a total $23.5 billion of machinery shipped to other nations. This follows growth of 28% in 2010 after a 2009 decline of 38% in the depths of the recession.
'Export sales continue to help U.S. construction equipment manufacturers stay open for business and sustain American jobs, especially with the domestic construction sector still recovering,' stated Al Cervero, AEM vice president
To follow is a summary of exports of U.S. manufactured construction equipment by country in 2011:
1)Australia/Oceania led the way in 2011 with a 73% gain as the region took delivery of $2.8 billion.
2)South America increased 39% in 2011 with purchases worth $4.3 billion.
3)Central America gained 23% and totaled $2.0 billion.
4)Asia grew 44% to total $3.1 billion for 2011.
5)Africa’s purchases of U.S. construction machinery increased 41% to total $1.3 billion.
6)Europe gained 49% for a total $2.8 billion.
7)Canada grew 40.5 % and totaled $7.2 billion.
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