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The Import And Export Situation Of Fasteners In 2018
- Jan 28, 2019 -

The import and export situation of fasteners in 2018

Then, what about the fastener import and export situation?

In 2018, China's fastener exports totaled about $5.896 billion, up 16.66 percent year-on-year, according to customs data compiled by golden spider.Exports were about 300.68 million tons, up 3.36 percent year-on-year.

The first three export fastener products are: other screws and bolts, tensile strength of 800 mpa or less;Nut;Other screws and bolts, tensile strength of 800 mpa or above.The details are as follows:

The top five export markets for Chinese fasteners in 2018 are the United States, Russia, Japan, Germany and Australia.When it comes to export markets, the biggest concern for 2018 is likely to be the U.S. market.So what about fasteners exported from China to the United States in 2018?

According to the statistics of the customs, the total amount of fasteners exported from China to the United States in 2018 is 641,634 tons, up by 7.69% year on year, accounting for 21.34% of the total export volume.The export amount was us $1.25 billion, up 20.50% year-on-year, accounting for 21.28% of the total export volume.

It can be seen that in 2018, China's fastener exports to the United States are quite ideal, and the reason is estimated to be related to the United States' imposition of tariffs on China. In order to "grab the export", enterprises rush to ship products before the imposition of tariffs.