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China's exports up 13.4% in Dec

Jan. 11, 2012 (China Knowledge) - China, the world's largest exporter, saw its exports reach US$174.72 billion in December last year, 13.4% more than that in the same month of 2010, according to the latest statistics released by the General Administration of Customs today.

The year-on-year growth rate was the lowest level in the past ten months.
Last month, the country's imports rose 11.8% year on year to US$158.20 billion, taking its foreign trade value to a total of US$332.92 billion, up 12.6% year on year.

In the whole of 2011, China's export and import value surged 22.5% year on year to a record US$3.64 trillion, comprising US$1.90 trillion in exports and US$1.74 trillion in imports, up 20.3% and 24.9% year on year, respectively.
The country's trade surplus fell 14.5% year on year to US$155.14 billion last year.

Last year, China saw a steady growth in trade with traditional partners and a robust growth in trade with emerging countries. The country's trade with the E.U., the U.S. and Japan were US$567.21 billion, US$446.65 billion and US$342.89 billion, up 18.3%, 15.9% and 15.1% year on year, respectively, while its trade with the ASEAN member countries rose 23.9% to US$362.85 billion. China's trade with Brazil, Russia and South Africa surged 34.5%, 42.7% and 76.7% year on year to US$84.20 billion, US$79.25 billion and US$45.43 billion, respectively.

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