Amid the complicated and gloomy global economic environment, China's import and export volumes surpassed a historic level of three trillion U.S. dollars. But analysts have forecast a grim trade outlook in light of growing global uncertainties.

According to latest statistics, the country's foreign trade figure from the October to November period was more than 30 percent higher compared with that of last October. China has become the world’s largest exporter and second-largest importer.

Its foreign trade volume exceeded the one-trillion U.S. dollar mark in 2004, and exceeded two trillion U.S. dollars in 2007.

However, Shen Danyang, a spokesman from the Ministry of Commerce says, he expects the country's foreign trade growth to retreat in the coming months. He cites a number of factors, including shrinking external demand and higher comparison bases from last year. Some economists also expect the annual growth rate for China's exports to fall to single digits in the coming months.

China's export and import growth both slowed down in September year-on-year. A researcher says the outlook for China's exports will be quite grim in 2012, with demand from EU and the U.S dampening and trade protectionism increasing.

Source:cntv.cn