4/2/2010
2009 Japanese Fastener Exports Drop 29.4%

Japan’s Ministry of Finance reported 2009 exports of fasteners dropped 29.4% from the previous year to Yen19.2 billion (US$203m), Fastener World reported.
Imports fell 40% to Yen 5.3 billion (US$56.1m).

Steel bolt exports – accounting for 44% of all fasteners – fell 20%; export of nuts – 21% of fasteners – dropped 28%; and small screws (12% of fastener exports) were down 29.3%. ©2010 GlobalFastenerNews.com and Fastener World