9/10/2013 12:07:00 AM
HEADLINES
U.S. Fastener Demand Strengthens
Graphs courtesy Zepol.
After falling in June, fastener demand grew in July, with U.S. fastener imports increasing 7% to $401.3 million during the month, according to data released by the U.S. Census Bureau.
The top five countries importing fasteners to the U.S. in July were Taiwan (up 5.9% month-to-month to $124.5 million); China (up 10.3% to $94.4 million); Japan (up 8.6% to $59.8 million); Germany (up 7.4% to $24.4 million); and Canada (down 6.2% to $21 million).
Conversely, U.S. fastener exports fell 1% to $294.6 million in July, despite double-digit gains in the UK and China. Zepol reports.
The top five consumers of U.S. fastener exports in July were Mexico (up 6.1% month-to-month to $93.2 million); Canada (down 6.2% to $84 million); the UK (down 10.8% to $12.3 million); China (up 19.4% to $11.6 million); and Brazil at $8.4 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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