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Statistics

China foreign trade imports and exports valued at USD 3866.76 billion in 2012

Source: ctei | Date: 2013-02-19
According to customs statistics, China foreign trade imports and exports valued at USD 3,866.76 billion in 2012 increased 6.2% y/y. Among them, export valued at USD 2,048.93 billion, an increase of 7.9% y/y; imports amounted to USD 1,817.83 billion, up 4.3% y/y. China had a trade surplus of USD 231.1 billion up48.1%. In December 2012, both imports and exports reached new-high. Foreign trade imports and exports valued at USD 366.84 billion in December 2012, up 10.2 % y/y. export valued at USD199.23 billion, an increase of 14.1 % y/y; imports amounted to USD 167.61 billion, up 6.0% y/y.

The acceleration rate of foreign trade imports and exports slowed down in 2012,down 16.3 % y/y. From the view of the whole year, import and export growth rate slowed down and tended towards stability. Import and export scale quarterly growth and growth rate went through the bottom in the third quarter and then rebounded. Last year import and export value in the four quarters were USD859.46 billion, USD979.69 billion, USD1,002.7 billion and USD1024.91 billion, year-on-year growth rate were 7.3%, 8.5%, 3% and 6.3%.

The export of traditional labor-intensive products increased stably. In 2012, the export of such as textiles, clothing, luggage, footwear, toys, furniture and plastic products, the 7 major categories of labor-intensive products amounted to USD 418.89billion, an increase of 8.6%, accounted for 20.4% of the total exports.


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