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Home > News > Industry Activities > The Import & Export of Jiaxing’s Fasteners Fell by 5.72% in 2012

The Import & Export of Jiaxing’s Fasteners Fell by 5.72% in 2012

By CFM , 2013-02-26 12:00:00

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The total import & export value of Jiaxing’s fasteners was 989 million dollars in 2012, falling by 5.72% year-on-year. The export value decreasing by 5.79% to 964 million dollars while the import value decreasing by 0.78% to 25 million dollars.

The main characteristics of fastener export in 2012:
Firstly,
the traditional markets like USA and EU were still the major consumers of Jiaxing’s fasteners, importing a value of 411 million dollars in 2011, taking up 42.63% of the total value. The import by USA grew by 10.52% year-on-year to 235 million dollars, accounting for 24.34% of the total value while the import by EU declined by 21.37% year-on-year to 176 million dollars, accounting 18.26% of the total value. Worth to mention, the import by Russia reached 121 million dollars in 2012, taking 12.54% of the total value. 

Secondly, half of the leading enterprises export value decreased. There were only 11 enterprises whose export value exceeded 20 million dollars, of which, six enterprises’ export showed differential decrease with the largest decrease rate of 32.91%.

Thirdly, general trade took the dominant position in export. The fasteners exported in the way of general trade were 910 million dollars, falling by 5.14% year-on-year and taking up 94.38% of the total export value.

Fourthly, both the export volume and export value of fasteners declined. The export volume of Jiaxing’s fasteners declined by 2.06% year-on-year to 700,809 tons and the export value declined by 5.79% to 965 million dollars in 2012. The average export price declined by 4% to 1376 dollars/ton (2011: 1430 dollars/ton)

 

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