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General Administration of Customs, China, has showed that the foreign trade value of the country was up by 22.5% in December. The custom statistics showed that the exports were $ 1.8986 trillion, up 20.3% from the same period in 2010. Imports were $ 1.7346 trillion, up 24.9%. This resulted in a trade surplus of $ 155.14 billion compared with a decrease of $ 26.37 billion last year. Trade surplus narrowed by 14.5% compared to 2010. Customs statistics showed that in December 2011, China's import and export value of $ 332.92 billion, an increase of 12.6%. In 2011, China-EU bilateral trade value of $ 567.21 billion, up 18.3% over the same period China's overall export growth rate 4.2% lower. China -US bilateral trade value $ 446.65 billion, an increase of 15.9% over the same period the overall growth rate of China's import and export of 6.6 percentage points lower.
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