China fastener industry recorded negative growth in 2012, seeing a drop of 1.5% year-on-year, which could be ascribed to insufficient market demand, especially international antidumping measures on Chinese fasteners which hindered Chinese fastener export. Both the import and export volume of Chinese fasteners declined in 2012, the export volume declined by 4.8% year-on-year to 2.46 million tons while the export value declined by 2.4% to 4.5 billion dollars; the import volume declined by 4.7% to 252400 tons while the export value declined by 2.2% to 2.89 billion dollars.