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Exports of U.S. construction equipment fall 13.2% in 2014

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Exports of U.S. construction equipment fall 13.2% in 2014 Empty Exports of U.S. construction equipment fall 13.2% in 2014

Post  carrie Wed Apr 15, 2015 2:22 pm

Exports of construction equipment made in the U.S. fell are down 13.2 percent in 2014, according to an Association of Equipment Manufacturers analysis of Commerce Department data. Construction equipment exports fell to $17.26 billion during the year with decreases in shipments to all world regions. U.S. exports of construction machines have fallen for eight consecutive quarters. You can view the top 10 countries for equipment exports in the chart to the right. AEM notes that though exports have been down, imports have begun trending higher, as the U.S. market “has become one of the more robust growth engines for the industry.” Canada led all regions with a total of $6.66 billion in shipped machines, down 2 percent for the year ready mix plant, while shipments to South American fell 28.3 percent to $2.57 billion.

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Exports to Asia and Europe both came in at $1.98 billion concrete mixer machine, falling 7.1 percent and 22.6 percent, respectively. Central American exports came in at $1.95 billion JS series concrete mixer, a decrease of 11.4 percent while shipments to Africa fell 5.2 percent to $1.23 billion. Once more, Australia/Oceania exports saw the largest percent decrease falling 32.4 percent to $889.5 million.

carrie

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Join date : 2015-04-08

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