6/21/2013 12:01:00 AM
HEADLINES
For the second straight month, demand for U.S. fastener exports rose in April, though at a slower rate than the previous month, according to data released by the U.S. Census Bureau.
Following a 10% increase in March, exports of U.S.-produced fasteners rose 2% to $309.2 million in April, driven by gains in Mexico and Canada, Zepol reports.
The top five consumers of U.S. fastener exports in April were Mexico (up 18.5% month-to-month to $99.22 million); Canada (up 2.4% to $94 million); the UK (down 4% to $13.8 million); China (up 2.7% to $11.74 million); and Brazil (down 20% to $8.64 million).
Fastener imports to the U.S. changed course in April, growing 10% to $380.5 million after declining the previous two months.
The top five countries importing fasteners to the U.S. in April were Taiwan (up 19.4% month-to-month to $116.65 million); China (up 28% to $76.45 million); Japan (down 2% to $63.7 million); Germany (up 2% to $23.9 million); and Canada (up 3.7% to $21.8 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.
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