US construction equipment exports up 22%

Exports of US-made construction machinery totalled US$8.2 billion for the first half of 2007, a 22% increase compared to January-June 2006, according to the Association of Equipment Manufacturers (AEM).

Construction equipment export volume to the Asia region overall rose 67% to $1.16 billion at midyear 2007. Central America took delivery of 28% more US-made construction equipment during the first half of 2007 compared to 2006 by mid-year, for a total of $815 million, and South America increased its purchases 14% to $1.08 billion.