The total value of China's fasteners import and export in the third quarter is 2.05 billion US dollars.
According to the statistics of China Customs, the total import and export value of fasteners in the third quarter of 2017 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 784.4 million tons, a decrease of 4.7% over the same period last year. Among them, total exports increased by 3.4% to $1.253 billion, total imports by 10.2% to $796 million, and trade surplus by $457 million to $490 million in the same period last year, which narrowed.
According to the above data, compared with last year, in the third quarter of 2017, the number of imports and exports of fasteners in China decreased, and the total value of imports and exports increased significantly, which shows that the unit price of products increased substantially in the third quarter. In the same period, under the pressure of environmental protection storm and the rising price of raw materials, the fastener industry and enterprises have suffered a heavy blow. However, with the resumption of enterprises, the export situation of fasteners in China has gradually improved, with the export volume reaching 703,000 tons in the third quarter of this year, a decrease of 6.5%.
Globally, the top five countries (or regions) of fastener imports in the third quarter are Japan, Germany, the United States, Taiwan Peng Golden Horse Customs Zone and South Korea. The average unit price of fastener imports from the United States is very high, which is about 12.414 US dollars per kilogram. In China, the top five fastener import provinces are Shanghai, Jiangsu, Guangdong, Beijing and Liaoning, among which the import unit price of Guangdong Province is very high, which is 12.781 USD/kg.
On the contrary, in the third quarter, the top five countries (or regions) of fastener export value in China were the United States, Japan, Russian Federation, Germany and Hong Kong, China. The average unit price of fastener export to Hong Kong was very high, which was $5.663/kg. From the domestic point of view, the top five fastener export provinces in China are Zhejiang, Jiangsu, Guangdong, Shanghai and Shandong provinces, among which the export unit price of Guangdong province is very high, at US$3.419 per kilogram.
Overall, in the third quarter of 2017, the trend of China's fasteners import and export continued to stabilize and improve, with the total volume rising steadily and the quantity decreasing narrowly. On the one hand, China's foreign trade situation is still complex, unstable and uncertain, and some of the difficulties it faces are not short-term. On the other hand, there are still many favorable conditions for the development of foreign trade. Without major risks, China's foreign trade still has a lot of room for development in the future. Between. 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.