Construction equipment exports fell to $4.292 billion during the first quarter with nearly all global regions recording either high-single or double-digit losses. The lone region with an increase of imports of U.S. machinery was Africa which saw 33 percent growth to $370.3 million.
The largest decline in exports were those to Australia/Oceania which fell 41 percent to $232.5 million.
Next were exports to Europe which fell 34 percent $463.7 million, followed by exports to South America which fell 33.9 percent to $652.1 million. Exports to Central America fell 26.7 percent to a total of $451.6 million; exports to Canada declined 8.5 percent to a total of $1.577 billion and exports to Asia decreased 7.2 percent to a total $544.2 million.
Below is a ranking of the top 10 export countries for U.S.-made construction equipment in the first quarter of 2014. The only two countries with increases were South Africa with a 103.8 percent increase and Saudi Arabia with a 32.2 percent increase.
