On Jan 25th, 2016, Ministry of Finance of Japan announced the annual statistics express of import and export trade in 2015. The annual value of export was 75.63 trillion Yen, which increased by 3.5% on a year-on-year basis and it has been on a continuous rise for three years. The annual value of import was 78.46 trillion Yen, which decreased by 8.7% on year-on-year basis and it has been on a continuous decreasing for two years.
In 2015, the trade from Japan with China kept stable and the trade gap hit an all-time high. In the aspect of export, the trade from Japan with China was 13,230 billion Yen, which decreased by 1.1% on a year-on-year basis. After a lapse of 3 years, the value of export trade was decreasing. The export trade that gained growth included communication equipments (increased by 43.8%); the export trade going down included automobile (decreased by 20.6%), automobile parts (decreased by 10.4%). In the aspect of import, the trade value with China was 19,420 Billion Yen, which increased by 1.3% and it hit an all-time high as well. The import trade that gained growth included communication equipments (increased by 2.9%), metal products (increased by 10.3%) and engine motor (increased by 53.9%). The import trade going down included electronic computers (decreased by 9.5%), electronic products such as semiconductor (decreased by 8.8%). 
The Japan Government released the monthly economic situation report in March, 2016, which lowered the judgment about the overall economic situation and made a definitive disclosure that the recent economy was becoming weak. The main reason was that the financial market was turbulent earlier this year, which declined the personal consumption and the profit of the enterprise. On the other hand, there was an upward momentum of the equipment investment and the export kept being stable.

Situation of Japanese Fastener Industry
Recently, the Japanese Fastener Commerce Association released the 38th edition annual business report of the fastener distributor. In the aspect of sales, Japan’s turnover of 2015 was about 283 Billion Yen and 75,170,000, and the average turnover of each distributor was about 1.4 Billion Yen. Based on this, it was estimated that the annual turnover would reach about 505 Billion Yen.  Averagely, the annual turnover of each dealer increases by 7.5% than that of the previous year. The gross profit margin keeps stable at the rate of 28% and the recurring profit rises by 0.9 percentage point, which reaches the percentage of 5.8%. In general, the income and profit margin rise.

Analysis of Sino-Japanese Trade regarding Fastener Industry
The trade statistics data of Japanese Financial Province shows that in 2015, Japan’s import volume of fastener was about 300 thousand tons and the value of import was about 114 Billion Yen. In 2015, the major sources of import of Japanese fastener were Mainland China, Taiwan, South Korea, Vietnam and Thailand. And among these sources, the total import volume from Mainland China was 221 thousand tons and the value of import was 47 Billion Yen.In 2015, the total export volume of Japanese fasteners was about 33 thousand tons and the total value of export was about 303 Billion Yen. The major export destination included USA, Mainland China, Thailand, Indonesia and Mexico, etc. And the total fastener volume of export from Japan to Mainland China was 68,677 tons and the value of export was about 65 billion Yen.
From January to November 2015, Japan ranked top of the import sources of fasteners in Chinese market, whose import volume reached about 73 million kg and the value of import has reached about 639 million dollars. And Japan ranked second of the export sources of fasteners in Chinese market, whose export volume reached 125 million kg and the value of export reached 255 million  dollars.