China replaces U.S. as biggest trading nation

01/10/2014 | CNBC · Bloomberg · BBC · Financial Times (tiered subscription model)

In 2013, the total value of China's international trade exceeded $4 trillion, topping the U.S. to become world's biggest trader of physical goods, a calculation that excludes trading in services. China's exports expanded 7.9% to $2.21 trillion and imports rose 7.3% to $1.95 trillion. The trade surplus for the year totaled $259.75 billion, up 12.8% from 2012.

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