Jiaxing fastener exports stopped falling and

Editor:Haiyan Chang Lv Standard Parts Co., Ltd., │ Release Time:2018-10-26 

The reporter learned from the Municipal Fasteners Association that last year, the export of fastener products in our city was 963 million US dollars, up 19.16% year-on-year, reversing the downward trend for two consecutive years and achieving a sharp rebound.

Our city is an important base for the distribution and distribution of fasteners in the fastener industry in the country. It is also the world's largest carbon steel fastener production base and plays a pivotal role in the national fastener industry. Last year, thanks to the recovery of major export markets and leading enterprises, fastener exports ushered in the development of spring. According to statistics, last year, the city's exports to the United States, the European Union, and Russia reached US$600 million, a year-on-year increase of 28.03%, accounting for 62.26% of total exports. There were 22 enterprises with fastener exports of more than 10 million US dollars, an increase of 5 over the previous year. The total export value was 489 million US dollars, an increase of 35.63% over the same period of last year, and the proportion of the city increased to 50.77%. The top three exporters have exported more than US$45 million.

From the market conditions, the prices of major products have risen. The average unit price of steel fasteners accounting for 99.21% of exports was US$1,213/ton, up 17.98% year-on-year; the average unit price of copper fasteners was US$8,789/ton, up 7.97% year-on-year. From the perspective of trade patterns, general trade dominates. The general trade export value of fasteners in our city was 910 million US dollars, accounting for 94.47% of the total export value of fasteners in the city, and the proportion was basically the same as that of the previous year.