Industry Focus

Fastener Trade Statistics ofUSA/Canada/Japan/Taiwan (H1 2022)
2022上半年美、加、日、台扣件進出口統計(In million USD), in descending order according to figures of 2022
HS 7318 Iron and steel screws, bolts, nuts, washers, etc.
ImportBoth the U.S. global fastener
import and export values had asteady growth in the first half yearof 2020 to 2022. Taiwan, China andJapan were the top three sources ofimport for the U.S., and it indicates
Asia as t he pr ima r y sou rce offastener import for the U.S., whilesome of the remainders were taken
up by Ca n a d a , G e r m a ny, e t c.
Compared to China, the value offasteners coming from Taiwan washigher by one fold.
For the U.S. fasteners, the top
export destinations were Mexico andCanada (mostly in the Americas)
with the export values way larger
than those with China, UK andother countries.

ExportJan-June Jan-June Jan-June
2020
2021
2022

PartnerPartner

Jan-June Jan-June Jan-June
2020
2021
2022

World

2,379

2,859

3,817

World

1,766

2,036

2,357

1Taiwan

859

1,073

1,513

Mexico

538

728

861

2

China410

464

793

Canada

446

544

613

3Japan

261

324

299

China

89

115

118

4

Canada

126

165

189

UK

75

56

62

5

Germany

173

182

177

Brazil46

46

60

6S. Korea

87

113

137

Germany

54

43

56

7India

49

78

121

Japan

47

34

47

8

Italy

66

86

91

Singapore

43

42

45

9

Thailand

41

41

81

Australia

33

34

41

10

Mexico55

67

78

France40

26

38

Source: U.S. ITA of Department of Commerce(In USD), in descending order according to figures of 2022
HS 7318 Screws, bolts, nuts, screw hooks, rivets, washers, cotter pins and like articles ofiron or steelPartner

In the first half year from 2021
to 2022, Canada grew 16% in global
fastener import value and 12% in
global fastener export value. TheU.S. remained the top fastenertrading partner with Canada in both
import and export. Other primary
import sources were Taiwan and
China from Asia. Aside from theU.S., the second largest impor tsource was Mexico but it is miles
away from the share taken by theU.S.

Source: Canada.ca

ExportJan-June 2021 Jan-June 2022

Partner

Jan-June 2021 Jan-June 2022

World807,974,421

940,084,025

World

266,879,938

300,059,1601USA

368,609,351

420,064,569

USA

217,284,405

247,016,643

2

Taiwan131,729,456

161,683,481

Mexico12,046,816

12,189,299

3

China

122,262,731

151,745,126

China

5,564,856

5,741,320

4

Japan

35,708,746

33,523,471

Germany

5,416,477

5,363,480

5

Germany

19,326,095

22,141,444

U. K.

3,668,794

3,010,133

6

Italy

15,110,604

21,033,512

France2,600,455

2,715,203

7

Vietnam

19,271,417

18,962,485

Denmark

1,662,328

2,165,219

8

S. Korea

12,030,749

14,113,886

Singapore

982,850

1,573,941

9

India

8,847,820

12,166,969

Poland1,236,012

1,540,210

10

France8,254,945

10,491,777

Brazil

1,394,347

1,539,455

095

China Fastener World no.66/2022

ImportIndustry Focus
Comparing the past two years, there wasn’t an obvious growth in Japan’s global fastener import value
until the first half of this year with a 37% increase. The global export value was the opposite with a stark
35% growth in the first half of last year and merely 1.8% growth in the same period this year. The primary
import sources were in Asia, including China, Taiwan, South Korea and Southeast Asia. China was Japan’s
top fastener trading partner in both import and export.

(In million USD), in descending order according to volume of 2022
Import (Japan P.C. Code 61703 Nails, Bolts, Nuts, etc.)
Metric Tons
Partner

Jan-June 2020

1,000 Yens

Jan-June 2021

Jan-June 2022

Jan-June 2020

Jan-June 2021

Jan-June 2022

World

163,645

154,154

169,701

53,310,035

52,789,275

72,421,066

1

China

108,152

100,872

110,732

20,956,139

21,586,530

31,162,326

2Taiwan

35,75332,582

37,176

13,360,361

13,142,184

19,602,806

3

S. Korea

6,811

7,466

7,600

2,489,069

2,718,095

3,376,377

4

Vietnam

5,981

6,910

7,299

1,666,286

1,941,797

2,402,255

5

Thailand

2,532

2,055

2,414

1,573,135

1,577,427

2,058,795

6

Malaysia

1,222

933

953

508,682

440,081620,478

7

Germany

531

572

608

1,224,461

1,368,348

1,869,025

8

USA

505

638

588

8,062,909

6,103,364

6,869,156

9

Australia

454

324

263

282,367

257,529

293,538

10

Indonesia

280

310

256

234,477

306,563

289,897

Export (Japan P.C. Code 61509 Nails, Bolts, Nuts, etc.)
Metric Tons

China Fastener World no.66/2022

Partner

1,000 Yens

Jan-June 2020

Jan-June 2021

Jan-June 2022

Jan-June 2020

Jan-June 2021

Jan-June 2022

World

127,535

174,893

162,066

119,193,201

160,622,101

163,578,326

1

China

35,801

46,91940,44032,422,616

41,915,175

39,505,511

2

USA

30,19642,18035,741

28,119,590

38,788,628

37,324,425

3Thailand

14,61322,38522,507

13,611,301

19,957,316

20,968,878

4Indonesia

8,118

9,910

13,113

6,847,023

8,190,267

11,440,664

5India

4,013

6,659

6,556

3,655,608

6,174,131

6,364,599

6

Mexico

5,670

7,216

5,685

4,982,492

6,362,428

5,653,143

7

Brazil

2,966

4,654

5,427

2,360,073

3,575,288

4,855,239

8

Malaysia

1,640

2,978

2,788

1,636,795

2,789,463

2,690,290

9

UK

2,687

3,286

2,645

2,053,581

2,516,859

2,113,082

10

Taiwan

2,167

2,531

2,452

2,273,844

2,625,011

2,733,587

Source: Ministry of Finance, Japan

Taiwan096

Taiwan’s global fastener import value jumped 30% in the first half of last year, but the growth reduced
to 10% in the same period this year. The global export value grew 28% in the first half of last year and thegrowth mildly dropped to 30% in the same period this year. Japan, the U.S. and China were the primary
import sources for Taiwan, and the U.S., Europe and Japan were the main export destinations.

Industry Focus

TaiwanIn descending order according to figures of 2022
HS 7318 Screws, bolts, nuts, coach screws, screw hooks, rivets, cotters, cotter-pins, washers (including spring washers) andsimilar articles, of iron or steel
ImportPartner

ExportJan-June 2020 Jan-June 2021 Jan-June 2022
(kg)
(kg)
(kg)

Partner

Jan-June 2020 Jan-June 2021 Jan-June 2022
(USD)
(USD)
(USD)

Global8,187,871

10,254,275

10,418,542

Global

75,892,865

98,298,847

108,226,355

1

Japan

3,080,642

3,282,224

3,466,338

Japan

29,813,555

39,849,863

36,177,839

2

China

1,657,799

2,435,662

2,635,805

USA

12,161,198

15,186,817

21,424,773

3

Vietnam

1,083,556

1,578,419

1,517,830

China

7,804,860

9,843,967

12,563,2434

Philippines

151,275

933,311753,501

Germany

4,365,108

6,752,685

7,266,443

5

USA

187,933

178,274

288,110

S. Korea

2,922,055

3,243,981

5,541,891

6

Germany

156,909

251,061

283,149

Vietnam

1,908,984

2,848,201

3,009,690

7

Taiwan703,820

276,732

255,934

Netherlands

1,890,239

2,551,772

2,694,695

8

S. Korea

271,149

254,580

246,885

Philippines

569,380

2,421,272

2,570,308

9

Thailand

124,580

254,944

205,494

Taiwan4,078,101

2,100,572

2,440,533

10

Sweden69,95992,082

119,451

Switzerland

1,257,594

1,293,593

2,110,473

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

ExportJan-June 2020 Jan-June 2021 Jan-June 2022
(kg)
(kg)
(kg)

Partner

Jan-June 2020 Jan-June 2021 Jan-June 2022
(USD)
(USD)
(USD)

Global658,879,841

787,413,826

845,091,184

Global

1,898,882,436 2,447,164,502 3,183,209,705

1USA

291,603,356

348,813,969

378,939,349

USA

801,695,136 1,042,499,250 1,427,203,915

2Germany

55,604,757

62,793,352

74,582,297

Germany

160,167,826

195,427,677

260,847,004

3

Netherlands

31,630,390

42,198,275

47,933,998

Netherlands

91,357,586

126,574,045

169,348,088

4

Japan

34,269,835

32,107,521

35,794,631

Japan

112,401,390

112,373,667

149,510,874

5Canada20,384,194

29,656,296

30,176,213

UK

65,932,233

93,951,544

109,955,298

6

UK

20,102,973

28,881,528

27,369,360

Canada58,226,726

87,126,730

107,050,441

7

Italy

13,911,817

16,796,226

23,008,929

China

58,054,847

90,303,341

88,074,895

8

Poland13,969,678

15,481,098

18,928,100

Italy

35,549,774

46,846,757

71,511,493

9

Mexico10,479,019

17,686,252

17,296,565

Sweden41,823,025

54,358,900

71,109,514

10

Sweden12,541,546

15,289,159

17,191,913

Mexico33,927,705

58,645,872

70,972,853

China Fastener World no.66/2022

Source: Bureau of Foreign Trade (Taiwan)

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