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Briefings on U.S. Trade in October 2010

chinagate.cn, September 19, 2014 Adjust font size:

Briefings on U.S. Trade in October 2010
 
According to statistics by the U.S. Department of Commerce, the import & export value of goods amounted to US$2624.41 billion in the first 10 months of 2010, up by 23.1% year on year, of which, US$1047.57 billion was the export and US$1576.84 billion was the import, up by 21.5% and 24.1% respectively. The U.S. trade deficit was US$529.28 billion with a growth of 29.7%.

In October, the U.S. import & export value of goods was US$287.72 billion, up by 16.5%. Its export was US$117.6 billion and its import was US$170.12 billion, up by 17.6% and 15.7% respectively. The trade deficit was US$52.52 billion, up by 11.7%.

From January to October, import & export value of Sino-U.S. bilateral goods trade amounted to US$371.3 billion, up by 25.4%. The U.S. export to China reached US$72.28 billion with an increase of 34.3%, accounting for 6.9% of the U.S. total export, 0.7 percentage points higher. And the U.S. import from China was US$299.03 billion, up by 23.4%, accounting for 19.0% of its total import, 0.1 percentage points lower. The U.S. trade deficit with China was US$226.75 billion, up by 20.3%.

By October, China was the U.S. 2nd largest trading partner, 3rd largest export market and 1st largest import source country.
 
(Source: Ministry of Commerce Website)
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