In the third quarter, the total import and export value of fasteners in China was US $2 billion 50 million.
- Categories:Industry News
- Time of issue:2021-03-22 09:20
(Summary description)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% compared with the same period last year, and the total import and export volume was 784.4 million tons, a decrease of 4.7% compared with the same period last year. Among them, exports totaled $1,253 million, up 3.4%; imports totaled $796 million, up 10.2%; trade surplus was $457 million, up from $490 million in the same period last year, and the trade surplus narrowed.
According to the above data, compared with last year, China's fastener import and export volume decreased in the third quarter of 2017, import and export value increased significantly, which shows that the third quarter of the unit price of products increased substantially. In the same period, under the pressure of environmental storm and the price increase of raw materials, it has brought a heavy blow to the fastener industry and enterprises; but with the resumption of enterprises, China's fastener export situation gradually improved, the export volume in the third quarter of this year reached 703,000 tons, a decrease of 6.5%.
In the third quarter, the top five countries (or regions) of China's fastener imports were Japan, Germany, the United States, Taipei Jinma Customs Zone and South Korea, and the average unit price of imports from the United States was very high, about 12.414 U.S. dollars / kg. Domestically, Shanghai, Jiangsu, Guangdong, Beijing and Liaoning are among the top five provinces in terms of the amount of fasteners imported in China, of which the unit price of Guangdong Province is very high, at $12.781 per kilogram.
In the third quarter, the top five fastener exporting countries (or regions) were the United States, Japan, Russian Federation, Germany and Hong Kong, of which the average unit price for export to Hong Kong was very high, at $5.663 per kilogram. From the domestic point of view, the top five provinces in China are Zhejiang Province, Jiangsu Province, Guangdong Province, Shanghai City and Shandong Province, of which Guangdong Province has a high unit price of $3.419 per kilogram.
Overall, in the third quarter of 2017, the import and export trend of China's fasteners continued to stabilize and improve, the total value rose steadily, and the quantity decline narrowed. On the one hand, China's foreign trade situation is still complex, unstable and uncertain, and some difficulties are not short-term. On the other hand, there are still many favorable conditions for the development of foreign trade, and there is still a lot of room for the future development of China's foreign trade without great risks. Between. While further promoting the steady growth of foreign trade, the policy level will bring unexpected gains to the import and export volume of fasteners.
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