Did China Beat Germany in Exports Last Year?

China’s exports rose 17.7% in December according to state media. This suggests that China has overatken Germany as the world’s largest exporter.

From a BBC report:

“Xinhua said total exports for 2009 were $1.2tn (£749bn), but total foreign trade over the year was down 13.9%.”

Germany’s full year export data will be published in February. So it  is not yet confirmed that China was the world’s largest exporter in 2009.

Germany’s exports fell in November 2009 relative to November 2008. According to the Federal Statistics Office:

“Germany exported commodities to the value of Euro 73.7 billion and imported commodities to the value of Euro 56.3 billion in November 2009. Hence, German exports decreased by 3.1% and imports by 14.8% in November 2009 against November 2008.”

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