U.S. Fastener Exports Flat, Imports Up for 2015
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For 2015, U.S. fastener exports of iron and steel fasteners (HTS Code: 7318) edged down 0.2% to $3.83 billion.

Imports of iron and steel fasteners (HTS Code: 7318) to the U.S. increased 2.1% to $4.98 billion during 2015.

During December U.S. fastener exports declined for a second straight month, while imports rose.

U.S. fastener exports of iron and steel fasteners (HTS Code: 7318) fell 6% to $288.1 million in December, despite gains in China, the UK and France.

The top five consumers of U.S. fastener exports in December were Mexico (down 11.5% month-to-month to $97.15 million); Canada (down 10.2% to $71.8 million); China (up 14.5% to $15.3 million); the UK (up 12.6% to $13.4 million); and France (at $8.54 million).

Imports of iron and steel fasteners (HTS Code: 7318) to the U.S. increased 5% in December to $359.35 million.

The top five countries importing fasteners to the U.S. during December were Taiwan (up 5.6% month-to-month to $113.1 million); China (up 10.7% to $79.8 million); Japan (up 12.5% to $51.6 million); Germany (up 1.3% to $24.1 million); and Canada (down 17.8% to $18.4 million).

Source: Global Fastener News
2016-02-17

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