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In the third quarter, my country's fastener import and export value was 2.05 billion US dollars

Published on:

2018-05-13 21:47

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According to statistics from China Customs, in the third quarter of 2017, the total import and export value of fasteners in my country was 2.05 billion US dollars, an increase of 6.2% over the same period last year (the same below); the total import and export volume was 784,400 tons, a decrease of 4.7% over the same period last year. Among them, the total export value was 1.253 billion US dollars, an increase of 3.4%; the total import value was 796 million US dollars, an increase of 10.2%; the trade surplus was 457 million US dollars, and the trade surplus was 490 million US dollars in the same period last year, and the trade surplus narrowed.

According to the above data, compared with last year, the import and export volume of fasteners in my country decreased in the third quarter of 2017, and the total import and export value increased significantly. It can be seen that the unit price of products in the third quarter increased significantly. During the same period, under the pressure of environmental protection storm and rising raw material prices, it has brought a heavy blow to the fastener industry and enterprises; but as enterprises resume work one after another, the export situation of my country's fasteners has gradually improved. The volume reached 703,000 tons, a decrease of 6.5%.

From a global perspective, the top five countries (or regions) of my country's fastener imports in the third quarter are Japan, Germany, the United States, Taiwan, Penghu, Jinma, and South Korea; among them, the average unit price of imports from the United States is the highest, about was $12.414/kg. From a domestic point of view, the top five provinces in terms of fastener import value in my country are Shanghai, Jiangsu, Guangdong, Beijing, and Liaoning; among them, Guangdong has the highest import unit price of US$12.781/kg.

In contrast, the top five countries (or regions) in terms of export value of fasteners in my country in the third quarter were the United States, Japan, the Russian Federation, Germany and Hong Kong, China; the average unit price exported to Hong Kong was the highest, at US$5.663/kg. From a domestic point of view, the top five provinces in terms of export value of fasteners in my country are Zhejiang, Jiangsu, Guangdong, Shanghai, and Shandong; among them, Guangdong has the highest export unit price of US$3.419/kg.

Overall, in the third quarter of 2017, the trend of China's fastener import and export continued to stabilize and improve, the total amount rose steadily, and the decline in quantity narrowed. However, the situation in the third quarter cannot be used as a summary of the whole year. On the one hand, China's foreign trade situation is still complicated, with many unstable and uncertain factors, and some difficulties it faces are not short-term; on the other hand, there are still many favorable conditions for the development of foreign trade. , In the absence of major risks, there is still a lot of room for development of my country's foreign trade in the future. At the policy level, while further promoting the steady growth of foreign trade, it will bring unexpected gains to the import and export volume of fasteners.