China's global goods trade surplus, Chinese vs. trading partner country reports, 2005–2012
|Year||China’s estimate||China’s trade partners’ estimate**|
*Estimates for 2011 and 2012 are based on incomplete data, with fewer than 152 out of 171 countries reporting.
**The estimates are adjusted for differences in transportation costs, assuming that China pays 10 percent CIF (cost, insurance, and freight) and receives 1/1+.10 in export revenues. See appendix in Scott (2013b) for further details on the methodology.
Source: Author's analysis of United Nations Commodity Trade statistics (UN Comtrade 2013) and IMF (2013a)
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