Wednesday, January 6, 2010

China is the world's top exporter of goods, in 2009

The Wall Street Journal reported on Jan 6, 2010, that China is likely to export more goods than Germany in 2009.
China took over the mantle of the world's top merchandise exporter from Germany in 2009, according to the latest figures, aided by a global economic crisis that has taken a greater toll on other trading powers.

China exported $957 billion of goods in the first 10 months of 2009, compared with $917 billion for Germany, according to customs data compiled by Global Trade Information Services, a Geneva-based firm.

No changes in November or December are expected to overturn the Chinese lead, trade experts say. China is likely to publish trade figures for the full year next week.

You may find the complete article here, "China Dethrones Germany as Top Goods Exporter".

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