Compared to the same quarter of last year, the total import and export value of Jiaxing’s fasteners declined slightly by 0.83% to US$ 212.28 million in the first quarter, 2012, of which, the export value dropped by 1.08% to US$ 206.01 million while the import value increased by 6.94% to US$ 6.27 million.

The export quantity of Jiaxing’s fasteners in Q1, 2012 came to 143,019 tons, down 8.7% year-on-year. And average export price up 8.92% to US$ 1,440 per ton (2011: US$ 1,322 per ton).

America and Europe are the main buyers of Jiaxing’s fasteners in Q1, 2012, which imported US$ 97.03 million fasteners and took up 47.1% of the total export value. The fasteners imported by US came to US$ 55.53 million, seeing a sharp growth of 35.37% year on year. However, the fasteners imported by the European Union fell by 11.82% to US$ 41.5 million.

There were eleven enterprises whose export value was above US $ 5 million in Q1, 2012 (Q1, 2011: eight enterprises). The export value of these eleven enterprises reached US$ 85.8 million, taking up 41.65% of the total.