NEWS BRIEFS
U.S. Fastener Exports Rise in August
After dropping in July, U.S. fastener exports in August rose 8% month-over-month to $287.5 million, Zepol reports.
The top five consumers of U.S. fasteners during the month were Canada ($91.16m); Mexico ($90.13m); UK ($12.42m); China ($9.26m); and Singapore ($7.99m).
Meanwhile fastener imports to the U.S. decreased 3% to $407 million in August after climbing 7% the previous month, according to Zepol.
The top five countries importing fasteners to the U.S. were Taiwan ($125.2m); China $88.8m); Japan ($64.4m); Germany ($26m); and Canada ($20.4m).
In July U.S. fastener imports increased 7% month-over-month to $418.9 million, while fastener exports dipped 8% to $265.9 million.
In June fastener imports to the U.S. fell 5% to $392.4 million, with exports down 1% to $289.5 million.
In May U.S. fastener exports jumped 15.5% to $291.9 million, while imports grew 15.3% to $414.4 million. ©2012 GlobalFastenerNews.com
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
Related Stories:
Share: