2/20/2013
HEADLINES
Fastener Imports & Exports Fall For 2nd Straight Month
Charts courtesy Zepol
For the second straight month, both exports and imports of U.S. fasteners fell in December, Zepol reports.
Exports of U.S. produced fasteners fell 13% to $234.1 million in the final month of 2012, according to trade data released by the U.S. Census Bureau. That decline came on the heels of a 5% drop in fastener exports during November.
December fastener imports to the U.S. declined as well, falling 3% to $344.8 million. That drop followed an 11% decrease to $353.7 million in November.
The top five consumers of U.S. fastener exports in December were Canada (down 21.5% month-to-month to $71.26 million); Mexico (down 23.2% month-to-month to $65.69 million); the UK (up 5% to $12.52 million); China (down 14.2% month-to-month to $9.48 million); and Brazil, which replaced France on the top-five list with $9.47 million in U.S. fasteners purchased.
The top five countries importing fasteners to the U.S. in December were Taiwan (up 8.4% to $107.98 million); China (down 3.3% to $77.33); Japan (down 7.2% to $55.92 million); Germany (down 18.6% to $17.47 million); and South Korea, which replaced Canada in December as a top-five fastener importer to the U.S. with $15.77 million.
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.
HTS Code: 7318 – Screws, Bolts, Nuts, Coach Screws, Screw Hooks, Rivets, Cotters, Cotter Pins, Washers And Similar Articles, Of Iron Or Steel
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