Figure B

China's global goods trade surplus, Chinese vs. trading partner country reports, 2005–2012

Year China’s estimate China’s trade partners’ estimate**
2005 119.7 357.2
2006 196.1 449.2
2007 290.8 573.4
2008 341.9 651.0
2009 235.2 465.3
2010 245.5 532.4
2011* 236.1 522.9
2012* 317.6 548.3
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*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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