In August 2017, the import quantity and amount of fasteners in China increased slightly year-on-year, while the export quantity decreased year-on-year, while the export amount did not increase significantly over the same period.
According to statistics from China's customs, the total import and export volume of fasteners in August was 283900 tons, with a total import and export value of 714 million US dollars, an increase of 2.1% compared to 699 million US dollars in the same period last year. The import volume was 26200 tons, up 3.6% year-on-year. The import amount was USD 264 million, up 5.2% year-on-year; The export quantity of fasteners was 257700 tons, a year-on-year decrease of 7.2%, and the export amount was USD 450 million, a year-on-year increase of 0.5%. The trade surplus was $186 million, down 5.9% from the same period last year.
By comparing the import and export data of domestic and foreign fasteners, from a global perspective, the top three (or regions) in China's fastener import amount are Japan, Germany, and the United States. The average unit price of imports from the United States is higher, at approximately $15856 per ton. Domestically, the top three regions in China for the import value of fasteners and fasteners are Shanghai City, Jiangsu Province, and Guangdong Province. The import unit price of Guangdong Province is higher, at 12213 US dollars per ton.
The top three (or regions) in China's fastener export value are the United States, Japan, and the Russian Federation, with an average unit price of about 2018 US dollars per ton exported to Japan being higher. Domestically, the top three provinces in China's export value of fasteners and fasteners are Zhejiang Province, Jiangsu Province, and Guangdong Province, among which the export unit price of Guangdong Province is higher, at $3370 per ton.
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