31 EXPOR T S and TRADE As the globalization of mining has increased the opening or expanding of mines in overseas locations has created more opportunities for marketing US mining equipment in foreign countries A c c or ding t o 20 18 analy sis b y F r eedonia Gr oup gr o wth in industrializing c ountries lik e C hina and India is cr eating a global mining machinery mark et v alued at mor e than 98 billion Mining Equipment Exports According to US government data more than 2 billion worth of US mining and minerals processing equipment was shipped to overseas destinations in 2018 In addition another 62 billion of construc tion machinery including surface mining equipment was shipped to foreign destinations in 2018 The table below shows in more detail the types of products mining machinery equipment suppliers shipped in 2016 data latest available Shipments of Mining and C onstruction Machinery P r oduct V alue million Mining and Miner al P r oc es sing E quipment 20 16 3 185 7 Under gr ound mining machinery e x c ept par ts 1 14 7 8 Miner al P r oc es sing and benefcation machinery e x c ept par ts sold seper at ely 15 1 7 Crushing pulv erizing and scr eening e x c ept par ts sold seper at ely 450 1 Drills and other mining machinery e x c ept par ts sold seper at ely 1988 P ar ts and attachments f or mining machinery and equipment sold seper at ely 1 0 35 6 Mining machinery and equipment not specifed b y kind t otal 20 1 7 C onstruction Machinery 20 16 2 4 0 10 4 P o w er cr anes e x ca v ation loader s do z er s tr act or s truck s tr ailer s mix er s et c 17 3835 Other c onstruction machinery and equipment e x cluding par ts 35 2 6 0 P ar ts f or c onstruction machinery and equipment sold seper at ely 2 428 6 C onstruction machinery not specifed b y kind t otal 6 7 2 3 Depar tment of C ommer c e Bur eau of the C ensus D ata lat est a v ailable