Industry Focus

240

Fasteners Trade Statistics (2014-2016)
USA (in USD), in descending order according to figures of 2016
Source: U.S. ITA of Department of Commerce

ImportExport

HS 7318 Iron and steel screws, bolts, nuts, washers, etc.

HS 7318 Iron and steel screws, bolts, nuts, washers, etc.

Rank

Rank

Partner

2014

2015

2016

World

4,921,191,202

5,024,217,149

4,529,247,846

1

Taiwan1,512,427,995

1,603,621,502

1,420,472,129

2

China

1,142,261,454

1,141,429,288

3

Japan

653,394,729

4Germany

5Partner

2014

2015

2016

World3,841,907,610 3,836,333,502 4,076,555,511

1

Mexico1,276,883,493 1,320,971,206 1,314,654,296

1,003,167,851

2

Canada1,098,492,268 1,029,223,981 1,005,906,068

622,785,088

619,817,193

3

Brazil351,760,875

352,302,112

295,205,544

4Canada289,649,264

302,948,226

258,590,208

6

S. Korea

216,186,050

237,869,390

7

Mexico100,318,510

8

Italy

9
10

101,927,132

98,526,990

299,423,733

China

145,709,542

169,661,420

190,075,624

5UK

165,169,259

161,203,906

163,622,895

211,726,593

6Germany

111,425,654

109,931,076

117,867,815

105,257,018

104,106,381

7France91,144,601

95,261,481

111,789,548

118,038,662

113,440,951

99,524,861

8

Japan

82,410,306

82,644,422

83,231,548

India

81,044,041

105,877,450

88,389,275

9Singapore

78,738,164

68,338,147

77,791,434

France68,926,051

70,876,277

80,961,562

10

S. Korea

69,227,320

73,569,037

65,706,333> Over 50% of fasteners were imported from China and Taiwan. However, > Mexico and Canada were the two largest export destinations for U.S.
imports from the top 10 countries (except for France) all showed afasteners. Both countries represented about over 50% of U.S. total
declining trend in 2016.
fastener export.

Canada (in USD), in descending order according to figures of 2016
Source: Canada.ca

ImportExport

HS 7318 Screws, bolts, nuts, screw hooks, rivets, washers, cotter HS 7318 Screws, bolts, nuts, screw hooks, rivets, washers,
pins and like articles of iron or steel
cotter pins and like articles of iron or steel
RankPartner2014

2015

2016

Total AllCountries

1,505,091,572

1,477,088,221

1,420,547,320

1

USA

822,980,293

768,542,645

756,552,129

2

Taiwan194,662,164

210,418,537

3

China

166,744,737

4

Japan

5

Partner

2014

2015

2016

Total AllCountries

457,965,675

445,397,501

405,637,626

1

USA

372,300,016

364,545,873

322,311,716

186,373,155

2

Mexico15,102,456

12,400,635

11,098,089

166,519,371

150,569,235

3

China

7,373,419

7,288,419

8,857,244

79,351,081

81,436,403

76,749,586

4

Germany

5,519,533

6,060,487

6,529,819

Germany

50,387,515

42,136,623

38,127,669

6

S. Korea

18,411,601

19,996,356

27,335,938

56,255,815

5,068,210

6,480,835

7

Re-Imports(Canada)22,793,242

25,801,639

25,026,870

France (incl.
Monaco,FrenchAntilles)

8

Vietnam

13,792,405

21,498,831

24,483,829

6

UK

6,658,217

6,622,582

6,383,812

9

UK

22,540,617

22,445,227

21,120,481

7Singapore

2,514,086

3,497,094

4,082,569

8

Poland

1,979,477

2,111,552

3,879,135

10

Italy (incl.
Vatican CityState)

19,298,825

17,716,015

17,109,834

9Brazil

3,024,173

2,106,3462,621,359

10S. Korea

2,979,668

1,824,792

2,261,836> USA was the largest fastener supplier for Canada. More than a half ofthe total fastener imports of Canada were from USA. However, the importvalue of USA showed a declining trend from 2014-2016.

Rank> The same as in imports, USA was still ranked the 1st place inCanada’s fastener export and it even represented over 75% of Canada’s
total fastener export.

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242

EUin descending order according to figures of 2016
Source: EU trade export helpdesk

Import
HS 7318 Screws, bolts, nuts, coach screws, screw hooks, rivets, cotters, cotter pins, washers (including spring washers) andsimilar articles, of iron or steel
Rank

Country
Total EXTRAEU28

2014 (kg)2015 (kg)2016 (kg)1,558,308,000 1,524,743,000 1,620,665,000Country

2014 (Euro)2015 (Euro)2016 (Euro)

Total EXTRAEU28

4,265,353,504 4,762,518,683 4,711,204,359
1,150,021,894 1,242,721,758 1,197,707,688

1

Taiwan545,925,000

521,841,000

515,684,000

Taiwan2

China372,016,000

347,361,000

441,992,000

USA3India

125,069,000

131,275,000

127,245,000

China

588,853,628

633,401,002

688,724,384

4Vietnam

118,575,000

120,883,000

121,756,000

Switzerland

412,936,392

462,513,105

455,966,367

5Thailand

76,720,000

69,361,000

72,929,000

India

264,467,662

309,192,740

272,793,863

6

Turkey53,288,000

63,156,000

67,298,000

Turkey182,941,129

204,152,414

228,120,261

7

Malaysia

58,751,000

54,632,000

51,230,000

Japan

188,753,663

196,178,963

216,475,632

8

USA

37,741,000

39,708,000

38,397,000

Vietnam

187,474,496

229,587,187

212,792,389

9S. Korea

30,257,000

33,467,000

37,504,000

S. Korea

119,089,282

141,714,737

149,526,142

10Japan

31,086,000

30,214,000

32,633,000

Thailand

120,649,892

112,893,266

111,842,280

651,008,813

779,974,628

739,438,472> If calculated by weight, EU’s fastener demands were mainly satisfied by suppliers from Asian countries, especially Taiwan, China andIndia. EU’s import from China, Vietnam, Thailand, Turkey, S. Korea and Japan also showed growth in 2016.
> If calculated by value, Taiwan took the significant lead in EU’s fastener import, over 1/4 of the total import. Non-Asian countries in the top
10 were only USA, Switzerland and Turkey.

Export
HS 7318 Screws, bolts, nuts, coach screws, screw hooks, rivets, cotters, cotter pins, washers (including spring washers) andsimilar articles, of iron or steel
Rank

Country

2014 (kg)2015 (kg)2016 (kg)Country

2014 (Euro)2015 (Euro)2016 (Euro)

Total EXTRAEU28

492,083,000

467,735,000

487,281,000

Total EXTRAEU28

3,550,896,194

3,618,600,745

3,772,712,364

1

China

102,257,000

90,773,000

100,753,000

China

749,245,178

690,148,524

780,034,070

2

USA

75,818,000

72,814,000

69,110,000

USA

616,777,003

673,018,858

636,833,471

3

Switzerland

35,496,000

37,128,000

38,775,000

Switzerland

246,717,392

258,618,904

280,355,293

4

Turkey33,346,000

35,885,000

36,206,000

Turkey194,765,070

217,475,417

219,661,267

5

RussianFederation

35,461,000

26,267,000

28,349,000

Mexico132,531,467

141,407,991

156,834,534

6

Brazil29,325,000

22,791,000

22,446,000

RussianFederation

187,021,956

147,379,844

156,388,342

7

India

16,120,000

18,956,000

20,992,000Brazil177,131,631

146,035,311

139,993,446

8

Mexico18,892,000

18,726,000

20,308,000

India

111,894,130

127,305,333

136,619,118

9Norway19,185,000

17,725,000

18,689,000

Norway140,081,139

123,722,139

119,460,323

10Liechtenstein

9,309,000

9,951,000

11,255,000

South Africa

67,737,410

77,585,863

73,580,406> If calculated by weight, EU’s fastener export seems to be focused on China, USA and Switzerland. EU’s fasteners were also exported tomany emerging countries like Turkey, Russia, Brazil, India and Mexico.
> If calculated by value, the top 3 countries were still China, USA and Switzerland, showing a large amount of fastener demand from thesethree countries. Interestingly, South Africa was also one of the top 10 countries in EU’s fastener export.

Industry Focus

244

Taiwanin descending order according to figures of 2016
Source: Bureau of Foreign Trade (Taiwan)

Import
HS 7318 Screws, bolts, nuts, coach screws, screw hooks, rivets, cotters, cotter-pins, washers (including spring washers) andsimilar articles, of iron or steel
RankCountry

2014 (kg)2015 (kg)2016 (kg)Country

2014 (USD)

2015 (USD)

2016 (USD)

World

21,178,823

20,279,886

17,736,247

World

144,004,117

135,102,341

130,214,219

1

Japan

7,924,602

7,362,681

5,930,787

Japan

71,509,094

64,664,087

59,989,809

2

China

3,538,676

2,794,326

3,938,072

USA

16,507,768

17,767,147

21,255,904

3

Vietnam

3,942,105

3,597,754

2,996,278

China

7,051,957

6,174,559

8,142,168

4

Malaysia

47,839122,118

430,241

Germany

11,407,572

8,125,637

7,724,679

5

Philippines

947,427

620,619405,086

Vietnam

5,410,098

4,731,102

3,430,144

6

Thailand

1,205,035

1,063,809

403,014

S. Korea

3,858,528

5,836,494

3,306,154

7

India

10,93429,428354,810UK

16,507,768

1,108,628

2,336,205

8

Germany

424,919

338,164

346,705

Netherlands

1,598,075

1,965,537

1,725,248

9

USA

266,651

263,696

304,134

India

168,917378,6311,644,831

10

S. Korea

362,200

871,465

233,383

Sweden2,008,314

2,429,674

1,578,549> Taiwan’s major fastener import origins (if calculated by weight) were Japan, China and Vietnam. However, the total import volume wasquite smaller than Taiwan’s export.
> If calculated by value, Japan was still the top supplier for Taiwan’s fastener import. Nearly 50% of Taiwan’s fastener import was fromJapan. The second largest fastener supplier to Taiwan was USA.

Export
HS 7318 Screws, bolts, nuts, coach screws, screw hooks, rivets, cotters, cotter pins, washers (including spring washers) andsimilar articles, of iron or steel
RankCountryWorld

2014 (kg)2015 (kg)2016 (kg)1,501,697,033 1,470,992,279 1,435,750,086

Country

2014 (USD)

2015 (USD)

2016 (USD)World

4,048,948,068 3,880,596,255 3,610,883,332
1,447,361,270 1,450,778,261 1,346,098,911

1

USA

555,453,198

546,108,965

538,009,693

USA

2

Germany

142,884,207

136,122,818

143,196,167

Germany

375,886,200

336,411,067

339,502,425

3Netherlands

81,869,436

81,760,831

86,056,479

Netherlands

223,378,480

197,018,892

205,188,306

4

UK

67,758,478

69,562,893

66,393,418

Japan

212,378,935

194,533,227

182,458,452

5

Japan

68,728,882

65,476,799

62,320,620

UK

180,719,632

178,366,592

162,662,098

6

Canada45,688,043

48,611,896

42,166,370

China

122,980,282

110,656,184

117,929,837

7

Italy

38,482,125

35,188,254

36,807,306

Canada117,018,549

126,340,252

106,393,410

8Poland39,582,609

31,093,106

32,299,812

Sweden98,458,251

88,785,052

82,913,161

9

Sweden33,456,841

30,940,353

30,987,261

Italy

92,178,290

81,573,152

80,629,999

10France29,488,861

27,390,219

28,235,300

Mexico66,415,507

73,567,185

70,665,089> Taiwan’s fasteners were mainly exported to Europe, USA and Japan. In addition, export to USA, Germany and Netherlands represented
over 50% of its export volume.
> If calculated by value, China and Mexico were also included in the top 10 list of Taiwan’s fastener export destinations.

246

Industry Focus

Japan

in descending order according to volumes of 2016
Source: Ministry of Finance, JapanImportJapan P.C. Code 61703 Nails, bolts, nuts, etc.
Rank

Country

Metric Tons

1,000 Yens2014

2015

2016

2014

2015

2016

World343,110

324,699

320,804

111,830,372

113,784,97099,848,216

1

China

230,097

220,880

222,765

46,526,490

46,548,736

40,705,148

2

Taiwan72,43367,03164,63125,608,663

26,666,037

22,989,963

3

S. Korea

15,542

13,405

13,3085,716,219

5,431,679

4,993,421

4

Vietnam

6,464

6,833

5,703

1,452,882

1,639,463

2,067,973

5

Thailand

4,630

4,381

4,525

2,690,741

2,939,342

2,612,976

6

Malaysia

3,389

3,797

2,872

1,468,313

1,778,994

1,136,014

7

Indonesia

3,481

2,517

1,710

1,638,487

1,317,100

1,012,615

8

USA

2,551

2,282

1,578

17,817,075

19,082,695

16,279,691

9Germany

1,347

1,204

1,173

2,455,654

2,452,920

2,216,692

10

Mexico

996

470

564

486,693332,613393,395> Japan itself is a high-quality fastener supplier, but it also needs fasteners from many Asian countries, especially China, Taiwan, S. Korea.
In addition, in 2016 Japan’s fastener import from China, Thailand and Mexico all showed a growing trend (if calculated by ton). Such agrowing trend could be also observed in Japan’s import from Vietnam and Mexico (if calculated by value).

ExportJapan P.C. Code 61703 Nails, bolts, nuts, etc.
Rank

Country

Metric Tons

1,000 Yens

2014

2015

2016

2014

2015

2016

World

349,107332,301

345,563304,227,287

302,688,016

293,895,029

1

USA

82,194

81,34783,88871,390,104

75,246,059

70,983,095

2

China

76,38568,67776,176

69,260,182

65,372,338

65,544,496

3Thailand

43,901

43,81945,60438,071,428

38,901,395

37,380,353

4Indonesia

30,16523,63624,856

24,677,611

20,214,405

20,298,153

5

Mexico18,17618,967

17,495

13,119,220

15,749,552

13,677,974

6

United Kingdom

13,511

12,507

13,076

8,236,254

7,717,824

7,655,123

7

India

13,054

11,253

10,760

10,547,548

8,970,115

8,910,2148

Brazil

7,921

7,668

6,790

7,330,340

7,496,641

5,362,302

9

Malaysia

6,149

6,220

5,851

6,161,711

6,678,000

5,857,486

10

Turkey

3,967

3,666

5,156

2,374,703

2,246,335

3,539,113> Japan’s fasteners were mainly exported to USA, China, Thailand, etc in 2016. These countries all have very mature car manufacturingindustries and many car manufacturers have their own plants there. Japan’s fastener export to USA, China, Thailand, Indonesia, UK andTurkey all showed a growing trend in 2016 (if calculated by ton). Export to China, Indonesia and Turkey also showed growth (if calculated byvalue).