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Home > News > Industry Activities > Haiyan First-Quarter Export Value Increase by 28.9% Construction Fasteners See Market Prospect

Haiyan First-Quarter Export Value Increase by 28.9% Construction Fasteners See Market Prospect

By ChinaFastener Magzine , 2011-04-29 12:00:00

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According to the statistics of Haiyan Bureau of Foreign Trade and Economic Cooperation, the total import and export value of Haiyan is 433.76 million USD in the first quarter, up  44.3% compared with same period of last year, while the export amount increased by 28.9% up to 293.31 million USD.
 
The officials from Haiyan Bureau of Foreign Trade and Economic Cooperation talked about their worries when Haiyan’s export dropped sharply in February. What worth to be happy was Haiyan’s export turned to be normal in March. 
 
As we know, Japan is the third biggest trading market of Haiyan, the reconstruction of Japan after earthquake and tsunami will contribute to Haiyan export of construction fastener.
 
“We have received some orders of construction fasters from Japan and we believe we will receive more and more orders due to construction fasters are the basic components in reconstruction,” said Mr. Chen, president of Zhejiang Qifeng Hardware Make Co., Ltd. whose export of hardware jumped by 46% in the first quarter.
 
However, with the electricity contradiction between supply and demand in the following two quarters, export enterprises may be not able to produce fasteners at full capacity. It is difficult to forcast the growth rate of fastener exports from Haiyan export to Japan.

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