In this year to September, China experienced similar decreasing amount in ship export value compared with what was shown during January-August period, decreasing by 30.6% year-on-year to $21bn.

According to the General Administration of Customs of China, China’s ship exports from January to September of 2013 came to $1.46bn, down by 5.9% year-on-year. The decline shrunk by 5%p compared to a period from January to August and the total value of exports and imports turned out to be $22.46bn, down by 29.4% from a year ago.  
Till the third quarter of this year, the value from ship imports notably showed a decreasing trend. Of which ship export value recorded during the first quarter came at $7.29bn, with a monthly average of $2.43bn. In the second quarter, a $2.42bn monthly average was posted, totaling $7.25bn during the period, while a monthly average of $2.15bn was recorded in ship export during the third quarter, amounting at $6.46bn overall.

Meanwhile, China saw commercial ships still account for the largest proportion among ship export items for the first nine months. The value of commercial ship exports recorded $14.92bn with a 71% share, of which tanker and containership sector showed an obvious trend of enlargement.

China exported vessels to 180 countries and regions in total, of which $13.1bn value of exports were made to Asia, with a 22.7% year-on-year decrease, accounting for 62.4% of total.

Furthermore, vessels were exported from 31 regions in China, of which yards of Jiangsu Province, Shanghai and Liaoning Province exported vessels worth $5.6bn, $3.23bn and $2.78bn, respectively, taking the first, second and third places. They all decreased by 23.6%, 14.5% and 31.5%, each, compared to the corresponding period a year ago.