Analysis of China Fastener Exports in Jan-Oct 2023
Time:2023-11-24
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According to China Customs statistics, from January to October 2023, the export value of China fasteners was 7,675 billion US dollars, down 14.67% year-on-year; the export quantity was 3.193 million tons, down 3.18% year-on-year. The average export price was 2,404 US dollars/ton.

 

 

 

The top five products in terms of export value were: Other screws and bolts, with tensile strength<800Mpa; nuts; other screws and bolts, with tensile strength≥800Mpa; other threaded articles; self-tapping screws.

 

Coach screws, and screw hooks and screw rings were two products with fewer exports.

 

China Fastener Exports by Product in Jan-Oct 2023

 

The Top 20 export destinations of China fasteners (calculated by export value) were: USA, Germany, Russia, South Korea, Vietnam, India, Japan, Thailand, UAE, Mexico, Australia, UK, Saudi Arabia, Malaysia, Italy, Brazil, Canada, Indonesia, Philippines, Poland.

 

 

Compared with the same period in 2022, the export value showed an increase in Thailand, UAE, Mexico, Saudi Arabia. On the other hand, exports to the USA, Germany, Russia, South Korea, Vietnam, India, Japan, Australia, UK, Malaysia, Italy, Brazil, Canada, Indonesia, Philippines and Poland declined.

China Fastener Export Destinations Top 20 in Jan-Oct 2023

 

Source: www.chinaFastenerinfo.net

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