Thursday, February 14, 2013

China Surpasses U.S. in International Trade - Political Calculations ...

In 2012, China became the world's biggest trading nation, with the total value of that nation's exports and imports surpassing those of the United States. Bloomberg reports:

U.S. exports and imports of goods last year totaled $3.82 trillion, the U.S. Commerce Department said last week. China?s customs administration reported last month that the country?s trade in goods in 2012 amounted to $3.87 trillion.

Since we have the data, we thought it might be interesting to see just what portion of China's volume of trade is with the United States. Our charts below show the component data for what the U.S. has imported from China, and also what the U.S. has exported to China in each month since January 1985, in terms of each nation's currency (click the images for larger versions):

Political  Calculations

Political Calculations

Political Calculations is a site that develops, applies and presents both established and cutting edge theory to the topics of investing, business and economics.

Be the first to read Political Calculation's column. Sign up today and receive Townhall.com delivered each morning to your inbox.

Source: http://townhall.com/columnists/politicalcalculations/2013/02/13/china-surpasses-us-in-international-trade-n1511183

groundhogs day paula abdul

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.