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China eclipses U.S. as biggest trading nation measured in goods

By Bloomberg News

This article was published February 11, 2013 at 11:09 a.m.

China surpassed the U.S. to become the world’s biggest trading nation last year as measured by the sum of exports and imports of goods, official figures from both countries show.

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.

Read tomorrow's Arkansas Democrat-Gazette for full details.

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Jackabbott says... February 11, 2013 at 3:26 p.m.

This is only the beginning of Chinese domination. So get used to it. Beginning primarily with Reagan, all the following presidents have pushed and signed off on these 'Babe Ruth" type trade deals where we have traded our jobs and manufacturing base for short term corporate profits, cheap, illegal labor, campaign contributions and lavish CEO salaries. As Lenin once said we will sell you the rope to hang yourself.

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