1/25/2016 7:29:00 AM
HEADLINES
U.S. Fastener Exports Fall After 2-Month Gains
After rising for two consecutive months, U.S. fastener exports declined in November.
U.S. fastener exports of iron and steel fasteners (HTS Code: 7318) fell 9% to $305.2 million in November, despite gains in China, according to Zepol data analyzed by GlobalFastenerNews.com.
The top five consumers of U.S. fastener exports in November were Mexico (down 10.6% month-to-month to $107.1 million); Canada (down 11% to $80 million); China (up 5.5% to $13.4 million); the UK (down 7.8% to $11.9 million); and Germany (down 18.8% to $8.1 million), according to Zepol.
Imports of iron and steel fasteners (HTS Code: 7318) to the U.S. declined 9% in November to $342.5 million, according to data released by the U.S. Census Bureau.
The top five countries importing fasteners to the U.S. during November were Taiwan (down 7.3% month-to-month to $107.1 million); China (down 2.7% to $72.1 million); Japan (down 11.5% to $45.9 million); Germany (down 7.4% to $23.8 million); and Canada (down 13.5% to $22.4 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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