U.S. Fastener Exports Rise in September
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U.S. fastener exports rose in September, while imports declined.
After declining 4% in August, U.S. exports of iron and steel fasteners (HTS Code: 7318) grew 1% to $324.5 million in September, according to data released by the U.S. Census Bureau and analyzed by FIN.
The top five consumers of U.S. fastener exports in September were Mexico (up 2% month-to-month to $110.4 million); Canada (up 5% to $93.8 million); the UK (up 6.4% to $13.9 million); China (down 14.5% to $10.6 million); and Brazil (down 25.8% to $9.5 million).
Imports of iron and steel fasteners (HTS Code: 7318) to the U.S. dropped in September, falling 1% to $420.1 million, Zepol reports.
The top five countries importing fasteners to the U.S. during September were Taiwan (up 2.2% month-to-month to $130.6 million); China (up 7.3% to $103.8 million); Japan (down 17% to $48 million); Germany (down 5.4% to $34.9 million); and Canada (up 11.2% to $23.7million), according to Zepol.
This data was derived from Zepol’s trade intelligence tool, TradeView, using U.S. import and export trade data released by the U.S. Census Bureau in the Merchandise Trade dataset.
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