Construction Equipment Exports Decline

RFTR EQUIP 150

RFTR EQUIP 400March 2, 2016 – Exports of U.S.-made construction equipment ended 2015 with a 19-percent decline compared to the previous year for a total $13.9 billion shipped worldwide. All world regions experienced declines, led by Africa and South America, according to the Association of Equipment Manufacturers (AEM), citing U.S. Department of Commerce data it uses in global market reports for members.

The top countries buying the most U.S.-made construction machinery during 2015 (by dollar volume):

  1. Canada – $5.5 billion, down 18 percent.
  2. Mexico – $1.2 billion, down 24 percent.
  3. Australia – $829 million, up 2.5 percent.
  4. Belgium – $334 million, down 28 percent.
  5. Chile – $492 million, down 20 percent.
  6. United Arab Emirates – $272 million, up 73 percent.
  7. South Africa – $344 million, down 49 percent.
  8. Peru – $330 million, down 28 percent.
  9. Brazil – $403 million, down 44 percent.
  10. China – $267 million, down 27.5 percent.

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