By CFM , 2017-09-05 12:00:00
Based on the data of China Customs, the value of China’s import and export fasteners in the July 2017 sums up to 0.71 billion US dollars, up 10.2% versus the same period of 2016 while the quantity of the country’s import and export fasteners at the same period totals 0.29 million tons, up 5.08% versus the same period of 2016. The imports value is near 0.25 billion US dollars, up 10.3% and the export value is about 0.46 billion US dollars, up 10.1%. The trade surplus is approx 213 million US dollars, up 9.8% compared with that of last year.
Both value and quantity of import and export fasteners of China in H1 of 2017 go up significantly. The situation of China’s fastener foreign trade is heading for the better.
The top three trade partners (based on the import value of July 2017) from which China imports fasteners are Japan, Germany, and USA. The average price of these fasteners from USA is the highest, near USD 10109 per ton.
The top five trade partners (based on the export value of July 2017) to which China exports fasteners are USA, Russia, Japan, Germany and Hong Kong. The average price of these fasteners to Japan is the highest, near USD 1906 per ton.
Source: China Custom and ChinaFastener.com
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