Jiaxing fastener exports in the first quarter

In the first quarter, Jiaxing fastener exports reached US$210 million, a year-on-year increase of 2.65%. This is the first quarterly positive year-on-year growth since the first quarter of 2012 after a negative growth year-on-year in eight consecutive quarters, indicating that fastener exports have temporarily stopped. The decline momentum. In the first quarter, fastener exports accounted for 4.15% of Jiaxing’s total exports, a slight decrease from the same period last year. main feature:

1. The US and European exports have stabilized and picked up. The traditional markets such as the United States and Europe have always been the main export markets of fasteners in Jiaxing. In the first quarter, the export of fastener products from Jiaxing exported to the United States was US$ 56.91 million, which represented a year-on-year increase of 25.99%; the EU’s exports to the US reached US$ 432.1 billion, a year-on-year increase of 12.93%. The United States and the European Union It is also the top two markets for fasteners exports in Jiaxing City, accounting for 47.57% of the total, up 6.88 percentage points from the same period last year.

2. The share of the BRIC countries’ exports has declined. In the first quarter, fasteners in Jiaxing exported USD 34.75 million to BRICS countries such as Russia, Brazil, India, and South Africa, down 17.2% year-on-year. Among them, Russia, the third largest market for fastener exports in Jiaxing, saw a sharp decline. In the first quarter, Jiaxing exported 18.81 million U.S. dollars to Russia, down 34.4% year-on-year.

3. The number of large export enterprises has rebounded. In the first quarter, there were 342 fastener companies with actual export performance in Jiaxing City, an increase of 10 companies over the same period of last year. There were 50 companies that exported more than US$1 million of fastener products in the city, an increase of 4 companies year-on-year. Among them, there are 10 companies with exports of more than US$5 million, which is an increase of three companies from the same period last year. Ten enterprises have exported US$72.14 million in total, accounting for 34.28% of the total, accounting for an increase of 5.36 percentage points from the same period of last year.

4. General trade is still the main export method. In the first quarter, Jiaxing's general fastener export value was 199 million U.S. dollars, accounting for 94.76% of the city's total fastener exports, which accounted for 1.18 percentage points of the total increase; the processing trade export value was 11.93 million U.S. dollars, accounting for approximately 5.24%.

5. The average unit price of fasteners exports decreased slightly. In the first quarter, the average unit price of steel fasteners exported from Jiaxing was 13,14 US$/ton, down 0.15 percent year-on-year; the average unit price of copper fasteners exported was 10,260 US$/ton, a year-on-year decrease of 13.69 percent; the average unit price of aluminum fasteners was 2727 USD/ton, a year-on-year increase of 9.87%.