Chinese shipbuilders turn out to have showed decreasing trend in their ship exports though their decreasing range narrowed gradually during January to November last year.

According to data from the General Administration of Customs of China, China’s ship exports for the first 11 months of 2014 came to $22.817bn, down by 14.7% year-on-year. However, decrease range was trimmed by 1%p compared to exports seen in the first 10 months of the same year.

During the same period, China’s ship imports came to $1.233bn, down by 26.6% year-on-year. Its ship exports and imports came to $24.05bn, down by 15.4% year-on-year.

Chinese yards exported 'the three' commercial vessels worth $14.255bn, which has 62.5% of the whole exported vessels share, for the first 11 months of 2014. Of which, exports of containerships above 6,000 teu posted $2.887bn, up by 146.1% year-on-year while those of 150,000-300,000 dwt tankers posted $285m, drastically up by 251.5%. Exports of 100,000-300,000 dwt product carriers (PC) recorded $103m, up by 70.6%, contributing to reduction of degree of export decline during the same period. It turned out that the three ship types respectively occupied 12.7%, 1.3% and 0.5% of the whole ship exports.

Chinese yards exported vessels to a total of 186 countries and regions among which are Asia $13.469bn, down by 17.7% year-on-year, and Europe $3.942bn, up by 19.3%.

Also, 30 regions in China exported ships, of which Jiangsu Province showed the largest exports of $5.928bn, down by 18.3% year-on-year, followed by Shanghai City ($4.926bn, up by 25.5%) and Zhejiang Province ($2.602bn, down by 20%).

During the same period, Chinese yards imported containerships below 6,000 teu worth $135m, up by 121.4% year-on-year. They also exported floating, semi-submersible drilling and accommodation platforms worth $229m, down by 39.6% year-on-year.