U.S. exports of construction equipment down 17.3% in first half of 2014


Exports of construction equipment made in the U.S. during the first half of the year are down 17.3 percent, according to an Association of Equipment Manufacturers analysis of Commerce Department data.

Construction equipment exports fell from $10.8 billion during the first half of 2013 to $8.93 billion in the first half of 2014.

Just as it was in the first quarter of this year, the lone region importing an increased amount of U.S.-made construction equipment after the first two quarters was Africa at $682.1 million, a 4.3-percent increase.

The largest decline in exports were those to Australia/Oceania which fell 38.6 percent to $460.7 million. South America was next with a 33.1-percent drop to $1.28 billion.

Exports to Europe fell 25.4 percent to $1.02 billion while exports to Central America fell 23.7 percent to $949.3 million. Exports to Asia fell 13.9 percent to $1.04 billion while those to Canada fell 4.6 percent to $3.51 billion.

Below is a ranking of the top 10 export countries for U.S.-made construction equipment in the first half of 2014. Exports to each country are down.

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