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However, dire figures for exports in January (a fall of 4.4% compared with December) aroused fears that the hoped-for boom in exports will be stillborn.
And the slackening pace of inventory rebuilding will curb import growth, because stockbuilding is the component of demand that is hungriest for imports.Moreover, the overall figures for exports mask a striking divergence between goods and services.
Figures for exports, sales and production were also bogus.
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This is studied in terms of percentage figures for exported electricity to the grid.
Other forms of commerce with China don't show up in the figures for U.S. exports.
But the figures for December exports suggest that the economy may finally be starting to rebound.
Look again at China's trade figures for ICT: exports amounted to almost $300 billion in 2006, the highest in the world.
These data were taken from the figures for bilateral exports (FOB free on board).
The figures for total exports here are only slightly different from the FAOSTAT values.
That would help the U.S. make up ground on China, whose exports to South Korea accounted for $117 billion in 2010 — more than three times the figure for U.S. exports.
The figure that Sir Martin Donnelly used of "nearly half" of UK trade being directly with the EU refers to the figure for both exports and imports, which was 49% last year (see sheet C from ONS balance of payments).
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com