In the first seven months of 2012, China’s import & export totaled US$ 2168.37 billion with a year-on-year growth of 7.1%. China’s export was US$ 1131.24 billion and its import was US$ 1037.14 billion, up by 7.8% and 6.4% respectively. In July, China’s import & export totaled US$ 328.73 billion with a year-on-year growth of 2.7%. China’s export was US$ 176.94 billion and its import was US$ 151.79 billion, up by 1.0% and 4.7% respectively.