Manufacturers in China exported 2.36 million tons of fasteners during the first 10 months of 2017, according to Customs data compiled by ChinaFastener.Info. The export value topped $4.02 billion during the period.

The top five fastener export destinations were the U.S. (474,195,000 kg valued at $822.2 million); Japan (115,376,458 kg valued at $228.4 million); Russia (191,862,623 kg valued at $220.3 million); Germany (94,677,086 kg valued at $163.1 million); and South Korea (97,501,580 kg valued at $143.4 million), ChinaFastener.Info reports.

The top five fastener exporting provinces were Zhejiang ($2 billion); Jiangsu ($500 million); Guangdong ($424 million); Shandong ($190 million); and Shanghai ($394 million).

Conversely, businesses in China imported 263,684 tons of fasteners valued at $2.53 billion during the first ten months of 2017, according to ChinaFastener.Info.

The top five fastener importers to China were Japan 80,007,299 kg valued at $703.7 million); Germany (50,030,870 kg valued at $463.5 million); the U.S. (26,151,078 kg valued at $344.9 million); Taiwan (27,995,780 kg valued at $199 million); and South Korea (26,195,972 kg valued at $176.4 million).

The top five fastener importing locations were Shanghai ($501 million); Jiangsu ($437 million); Guangdong ($389 million); Liaoning ($156 million); and Beijing ($174 million), according to ChinaFastener.Info.