FEATURE

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U.S. fastener exports rose in September for the first time in six months, while imports fell, marking a half-year of decline.

U.S. fastener exports of iron and steel fasteners (HTS Code: 7318) increased 3% to $324 million in September, according to Zepol data analyzed by GlobalFastenerNews.com.

The top five consumers of U.S. fastener exports in September were Mexico (up 2.8% month-to-month to $111.3 million); Canada (down 4.2% to $82.7 million); China (up 8.7% to $13.7 million); the UK (up 3.4% to $12.2 million); and Germany ($8.5 million), according to Zepol.

Imports of iron and steel fasteners (HTS Code: 7318) to the U.S. declined in September, declining 8% to $384.9 million, according to data released by the U.S. Census Bureau.

The top five countries importing fasteners to the U.S. during September were Taiwan (down 8% month-to-month to $127.4 million); China (down 10.2% to $84.9 million); Japan (down 12.7% to $44.7 million); Germany (down 11.9% to $26.7 million); and Canada (up 2.1% to $23.8 million).

During the first nine months of 2015, U.S. fastener exports grew 2.2% to $1.95 billion, while imports increased 16.1% to $2.81 billion.

This data was derived from Zepol’s trade intelligence tool, TradeView™, using U.S. import and export trade data released by the U.S. Census Bureau in the Merchandise Trade dataset.