Chinese Ship Export Decline

Source:Asiasis
2013.04.12
924

China’s ship exports in the first two months in 2013 are reported to have stayed at a decreasing move against the same time period last year.
According to a data from the General Administration of Customs of China, China exported vessels worth $4.75bn in January and February, 2013, down by 31.6% from the same period in 2012, and imported ships worth $270m, up by 3.1% year-on-year.
Among this, China’s ship exports in February were a total of $1.87bn, showing a 25.6% decrease compared to the same time period last year with $1.02bn less than the previous month, while ship imports were reported to be $90.92m, a 39.3% decrease compared to the same period last year and $83m less than January.
Meanwhile, China’s bulker exports in the first two months in 2013 ranked in the largest volume with $2.61bn, taking 54.9% of total while tanker exports accounted for 14.1% with $670m and containerships took about 5.1% with $240m.  
More specifically, it turned out that 11 vessel types reached more than $100m in exports and among them, bulkers of less than 150,000 dwt were exported for a total of $2.08bn, down by 34.1% compared to the same time period last year. Moreover, tankers of more than 300,000 dwt were calculated to be close to $500m in exports, showing a 109.7% rise year-on-year while bulkers of more than 300,000 dwt were exported as much as $310m worth.

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