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The data shows that in 2007 China's trade surplus reached 262.2 billion U.S. dollars. In December 2007, China’s foreign trade import and export scale was 206.15 billion U.S. dollars, an increase of 23.4% over the same period in 2006. The monthly trade surplus was 22.69 billion U.S. dollars, a decrease of 14.2% from the previous month.
The data also shows that in 2007 China's general trade import and export amounted to 967.22 billion U.S. dollars, an increase of 29.1%. The annual import and export volume of processing trade was 98.05 billion U.S. dollars, an increase of 18.5%.
According to data released by the General Administration of Customs on January 11, China’s total import and export volume exceeded US$2 trillion for the first time in 2007, reaching US$2.1738 trillion. The EU has become China’s largest trading partner, with bilateral trade totaling US$356.15 billion, an increase of 27%.