Dec. 11, 2012 (China Knowledge) - China, the world's largest exporter, saw its exports reach US$1.85 trillion in the first eleven months of this year, 7.3% more than that in the same period of 2011, according to the latest statistics released by the General Administration of Customs
The country's imports grew 4.1% YoY to US$1.65 trillion in the first eleven months, taking its foreign trade value to a total of US$3.5 trillion, up 5.8% YoY. A trade surplus of US$199.54 billion was recorded during the period.
The value of both exports and imports under general trade was US$892.23 billion and US$930.47 billion in the eleven-month period, up 7.2% and 1.7% YoY, respectively, and the value of both exports and imports under processing trade was US$783.27 billion and US$437.78 billion, up 2.9% and 2% YoY, respectively.
The export value of mechanical and electronic products increased 8.2% YoY to US$1.06 trillion in the first eleven months of this year, while the imports of such products was US$709.9 billion, up 3.4% from the same period of last year.
The country's trade with the E.U. reached US$495.75 billion during the eleven-month period, down 4.1% YoY, while, its trade with the U.S., the ASEAN member countries and Japan were US$438.62 billion, US$359.96 billion and US$302.85 billion, up 8.2%, 9.3% and down 2.9% YoY, respectively. China's trade with Russia and Brazil grew 11.9% and 1.3% YoY to US$80.62 billion and US$78.38 billion, respectively.