Exports of U.S.-made construction equipment increased in the second quarter of 2010, and total construction machinery exports at midyear were $7.4 billion, a 15-percent gain overall compared to January to June 2009 numbers, according to the Association of Equipment Manufacturers.
The AEM off-road equipment manufacturing trade group consolidates U.S. Commerce Dept. data with other sources into global trend reports for members.
The latest data shows a rebound from 2009, when heavy machinery export numbers suffered double-digit declines, according to Al Cervero, AEM senior vice president.
Exports to Central and South America each gained 14 percent compared to midyear 2009 ($753 million for Central America and $1.4 billion for South America). Asia’s export purchases increased 5 percent to $984 million.
European growth was flat with exports totaling $777 million, about the same as January to June 2009, and exports to Africa declined 20 percent to $423 million.?? Australia/Oceania took delivery of 37 percent more American-made construction machinery for a total $679 million, and exports to Canada increased 32 percent to $2.4 billion.