Research shows UK construction equipment export figures are booming


NEW research from the Construction Equipment Association (CEA) has revealed that exports of UK construction and earthmoving equipment in the final quarter of 2021 reached a similar level to the ‘record’ figures recorded in Q4, 2018.

There was a 21% increase of exports in Q4 compared to Q3, resulting in exports for the whole of 2021 being 25% above 2020 levels at £3,442 million – similar to the pre-pandemic levels reached in 2019.

In contrast, imports of equipment in Q4 showed a 22% fall on Q3 levels. Total imports in 2021 were still up 67% on 2020 levels, reaching £2,092 million. This was above the level of imports seen in 2019, the highest year since trade has been monitored from 2013.

Exports of equipment in Q4 stood at £977 million, similar to the ‘peak’ levels recorded during the same quarter in 2018.

The UK remained a net exporter of construction and earthmoving equipment in 2021, with exports 64% higher than imports. However, this was a much smaller margin than previous years.