China's trade surplus fell sharply last month

December 2010, the trade surplus unexpectedly narrowed to 13.082 billion U.S. dollars, the year's surplus fell 6.4% "Caixin net" (reporter Yu Hailong) December 2010, China's trade surplus unexpectedly narrowed sharply.　　Exports rose 17.9% per cent year-on-year, slightly below market expectations. The general Administration of Customs January 10 released data showing that in December 2010, the monthly import and export scale for the first time more than 290 billion U.S. dollars.　　Among them, the export of 154.15 billion U.S. dollars, imports of 141.07 billion U.S. dollars, are the second consecutive month to refresh the new single month highs, year-on-year growth of 17.9% and 25.6% respectively.　　After the seasonally adjusted, December export, import year-on-year growth of 18.7% and 25.2% respectively, the chain of exports fell 4.4%, imports increased by 3%. Export performance was slightly below market expectations and imports were slightly higher than expected. Finance and new media in early January to a number of financial institutions research departments issued questionnaires, replies to the questionnaire 13 economists on the export forecast mean 22.4%, above the actual value of 4.5%, only three economists believe that the month's export growth will be lower than 20%;　　Below the actual value of 2%. Import and export performance is very different, so the surplus unexpectedly narrowed sharply. December month trade surplus of 13.08 billion U.S. dollars, the year-on-year decrease of 28.9%.　　Before the new media survey, the current month's trade surplus forecast mean 21.24 billion U.S. dollars, the lowest value also reached 18.2 billion U.S. dollars.　　Led by the narrow surplus in December, the trade surplus for the year 2010 was $183.1 billion trillion, down 6.4% per cent year-on-year, slightly below the 190 billion trillion dollars previously expected by several institutions. According to the General administration of customs data, China's import and export value of 2,972,760,000,000 U.S. dollars in 2010, an increase of 34.7%.　　Exports of 1,577,930,000,000 U.S. dollars, an increase of 31.3%, imports of 1,394,830,000,000 U.S. dollars, growth of 38.7%, the performance is basically in line with expectations. The ratio of the trade surplus to the total value of imports and exports fell from 11.6% in 2008 to 2009 and 8.9%, and to 6.2% in 2010, and the General administration of Customs said that the overall external trade was in the direction of basic balance.