Despite extremely depressed global shipping and shipbuilding market, China's marine equipment export, during the first ten months of this year, made a remarkable result.
According to latest report from the general administration of Customs of China, total amount of marine equipment trading during the first ten months of 2012 declined by 4.7% year-on-year to $6.1bn, of them overall export increased by 15.4% to $2.44bn and import dropped by 14% to $3.66bn.
In October alone, China's total amount of marine equipment export stood at $235m, rose by 3.6% year-on-year and declined by $5m month-on-month. Overall import decreased by 15% to $342m, comparing with the same month of last year.
From January to October, China exported to a total of 191 countries/regions, of them Asia accounted for 58% with $1.42bn, while Europe and North America took 16.7% and 13.9% by exporting $407m and $340m, respectively.
China exported more than $100m to overall six countries, including Japan, Hong Kong, the US, South Korea, Germany and Singapore, in order.
Meanwhile, as for import, China imported nearly 90% of marine equipment from Asia and Europe. Overall $2.2bn had been imported from Asian countries, during the first ten months of this year, accounting for almost 60%.
Particularly, China had imported more than $100m of marine equipment from Korea, Japan, Germany, Belgium, the US, Norway and Finland, in order.