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Jiaxing Fastener Exports Stop Rebound

Mar 15, 2018

Jiaxing is the national fastener industry major distribution center and fastener export base, is also the world's largest carbon steel fastener production base, in the national fastener industry has a pivotal position. Last year, thanks to the main export market recovery and leading enterprises, fastener export ushered in the development of spring. According to statistics, last year Jiaxing to the United States, the European Union, Russia's three major export market exports amounted to 600 million U.S. dollars, an increase of 28.03%, accounting for 62.26% of total exports. Fastener exports of the city in more than 10 million U.S. dollars of enterprises 22, more than the previous year 5, a total of 489 million U.S. dollars to achieve exports, the year-on-year increase of 35.63%, accounting for the city's proportion to increase to 50.77%.

The total exports of the top three enterprises are more than 45 million U.S. dollars. From the market view, the main product prices have risen. The steel fasteners, which accounted for 99.21% of the exports, averaged 1213 USD/ton, an increase of 17.98%, and the average unit price of copper fasteners was 8789 USD/ton, which grew 7.97% year-on-year. In terms of trade, general trade dominates. Jiaxing Fasteners General Trade export amount of 910 million U.S. dollars, accounting for the city's total exports of fasteners 94.47%, accounting for the same compared with the previous year basically flat.

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