China for the first time has become the largest world exporter, having overtaken volumes of foreign deliveries of Germany. The country in August has exported goods on 111 billion dollars. It is in 55 percent more than the last year indexes. Now China have eight percent of world export. It is three times more than of the Great Britain share. About 46 percent of goods exported by China make the equipment, products of mechanical-engineering field and cars. For the European authorities growth of the Chinese export is unprofitable. According to the forecasts, in 2007 imbalance in trade of the European Union with China will make 220 billion dollars.