According to statistics from Industry & Technology Intelligence Service (ITIS), Taiwan’s fastener export value for Q3 hit high to NT$27.8 billion, only second to NT$28 billion in the?same period?of 2008, and up 9% from the second quarter of 2010, boosted by the reconstruction of the inventories and the rise of industrial production and trades.

The total output for the first nine months reached NT$ 83.4 billion, with exports up 55% to NT$ 75 billion year-on-year, and imports up 19% to NT$28 billion. Demand for fastener in Taiwan markets for the first nine months were totally NT$ 11 billion. The average exporting price was NT$78.4/kg.

America, Germany, Japan, the Netherlands and China mainland were still the top five overseas markets for Taiwan’s exports during the first nine months of 2010. It was estimated 36% of all exports of Taiwan-made fasteners went to the U.S., 8% to Germany, 5% to Japan, 5% to the Netherlands and 4% to China mainland. Meanwhile, Japan, America, China mainland, Germany and Vietnam were the top five countries for Taiwan’s imports. 52% of all imports were from Japan, 14% from America, 11% from China mainland, 6% from Germany and 3% from Vietnam.

www.chinaFastenerinfo.net