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Trade surplus reaches US$177 bln in 2006
click rate:1756 issue time:2007-03-10 08:12
Jan. 11, 2007 (China Knowledge) – China's trade surplus reached US$177.47 billion in 2006, said the General Administration of Customs on Wednesday.


The trade surplus for 2006 has exceeded the projection of the Ministry of Commerce (MOC), which forecast the aggregate trade surplus to be US$168 billion.


Exports rose 27.2% from the previous year to US$ 969.08 billion, while imports were up 20% to US$791.61 billion.


Total trade in 2006 reached US$1.76 trillion, an increase of 23.8% or US$338.78 billion year-on-year from 2005. Export growth was 1.2 percentage points down from 2005 while imports were 2.4 percentage points up.