China's Trade Surplus with US up 8.2% in 2012-Shanghai Metals Market

Hot Keywords

  • Inventory data
  • NPI
  • Zinc
  • Market commentary
  • Production data
  • Macroeconomics
  • Aluminium
  • Morning comments
  • Futures movement
  • Mengtai Group
  • Copper
  • Stainless steel
  • Nickel
  • In the United States
  • trade negotiations

China's Trade Surplus with US up 8.2% in 2012

Price Review & Forecast 08:57:48AM Jan 11, 2013 Source:SMM

Jan. 11 - China's trade with the United States in 2012 grew 8.5 percent year-on-year to $484.68 billion, accounting for 12.5 percent of China's total foreign trade in 2012, Zheng Yuesheng, spokesman of the General Administration of Customs said at a news briefing on Thursday.

Outbound shipments to the US were worth $351.79 billion in 2012, up 8.4 percent year-on-year, while imports from the US rose 8.8 percent to $132.89 billion, leaving a trade surplus of $218.92 billion, up 8.2 percent year-on-year.

The US was China's second-largest trade partner, the biggest export destination, and the fifth-biggest import source.

Key Words:  China's trade surplus 

Price

more
1# Zinc
Oct.17
18820.0
-110.0
(-0.58%)
0# Zinc
Oct.17
18890.0
-110.0
(-0.58%)
T/C for domestic zinc concentrate
Oct.01
6325.0
0.0
(0.00%)
T/C for imported zinc concentrate
Oct.01
280.0
0.0
(0.00%)
Zinc Alloy (Zamak3/ZX01)
Oct.17
19790.0
-110.0
(-0.55%)

China's Trade Surplus with US up 8.2% in 2012

Price Review & Forecast 08:57:48AM Jan 11, 2013 Source:SMM

Jan. 11 - China's trade with the United States in 2012 grew 8.5 percent year-on-year to $484.68 billion, accounting for 12.5 percent of China's total foreign trade in 2012, Zheng Yuesheng, spokesman of the General Administration of Customs said at a news briefing on Thursday.

Outbound shipments to the US were worth $351.79 billion in 2012, up 8.4 percent year-on-year, while imports from the US rose 8.8 percent to $132.89 billion, leaving a trade surplus of $218.92 billion, up 8.2 percent year-on-year.

The US was China's second-largest trade partner, the biggest export destination, and the fifth-biggest import source.

Key Words:  China's trade surplus