China’s ship-to-equipment exports increased sharply in November last year.

In the first 11 months of 2013, the import and export volume of China's ship supporting equipment continued to decline. However, in November, the export value of ship-equipped equipment increased by a large margin. It is expected that in the coming period, the small increase in the export volume of China's ship-to-equipment equipment will be maintained, and the decline in the value of imports will gradually shrink.
According to customs statistics, from January to November last year, the total import and export of China's ship-to-equipment equipment was US$5.992 billion, down 10.4% year-on-year. Among them, the export value of ship-equipped equipment was US$2.509 billion, down 6.4% year-on-year; the import value of ship-equipped equipment was US$3.483 billion, down 13% year-on-year.
In the month of November last year, the export value of ship-equipped equipment was US$242 million, a year-on-year increase of 3% and a month-on-month increase of US$11 million, the highest export volume since August 2013.

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