China-Russia trade up 11% to $88 bln in 2012
2013-01-11 10:43:51
China-Russia trade grew 11.2 percent in 2012 from the previous year to $88.16 billion, the Chinese General Customs Administration reported on Thursday.
Trade with the European Union, China’s largest trading partner, declined by 3.7 percent last year to $546.04 billion while trade with the United States, China’s second-largest trading partner, grew by 8.5 percent to $484.68 billion.
China’s trade with the Association of Southeast Asian Nations (ASEAN) grew by 10.2 percent to $400.09 billion.
Japan ranked only fifth in trade with China in 2012, ceding its fourth place to Hong Kong. China-Japan trade fell 3.9 percent to $329.45 billion.
China’s foreign trade increased by 6.2 percent in 2012 to $3.87 trillion, with exports growing by 7.9 percent to $2.05 trillion and imports rising 4.3 percent to $1.82 trillion.