China Passes U.S. to Become the World’s Biggest Trading Nation - Bloomberg

China Passes U.S. to Become the World’s Biggest Trading Nation

By Bloomberg News – Feb 9, 2013 6:26 AM MT

China surpassed the U.S. to become the world’s biggest trading nation last year as measured by the sum of exports and imports, ending the U.S. supremacy in global commerce that emerged after the end of World War II in 1945.

U.S. exports and imports last year totaled $3.82 trillion, the U.S. Commerce Department said yesterday. China’s customs administration reported last month that the country’s total trade in 2012 amounted to $3.87 trillion. China had a $231.1 billion annual trade surplus while the U.S. had a trade deficit of $727.9 billion.

via China Passes U.S. to Become the World’s Biggest Trading Nation – Bloomberg.