Exports of US-made construction equipment were down 19% in 2015 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 US Department of Commerce data it uses in global market reports for members. The AEM, the North American-based international business group representing the off-road equipment manufacturing industry, said the new figures revealed how US construction equipment exports to Canada dropped 18% for a total $5.5 billion. Elsewhere, exports to Asia decreased 10%, for a total $1.8 billion; exports to Europe fell 12%, for a total $1.7 billion; exports to South America dipped by 33%, for a total $1.7 billion; and US exports to Central America were down 23%, for a total $1.5 billion. Meanwhile, US construction equipment exports to Australia/Oceania were down just 1% for a total of $882 million; while exports to Africa plummeted by 37% to $777 million.
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