Imports and exports volume of US fastener achieves a significant growth at the first half year of 2011, compared to last year 31% and 19%. Nevertheless, the U.S. exports of fasteners in the doldrums the fourth consecutive month of June 2011. Month U.S. Fastener Exports increased only 2% more than in May. On the other hand, the United States imports of fasteners in the past three months, but in June fell by 1% qoq.
Canada is the largest exporter of fasteners United States, U.S. exports to Canada in June hit a new high this year fasteners, compared with May grew by about 14%. In addition, exports to Australia and Italy, also hit a new year fasteners.
Compared with June 2010, June 2011 U.S. Fastener exports grew by 16.7 percent, while imports grew by nearly 18%. Fasteners from the May trade deficit of $ 106 million narrowed to $ 98 million. On the import side, the National Taiwan and mainland China is still the largest importer of U.S. fasteners. But in June the U.S. gold fasteners imported from Japan. A sharp decline in the amount of momentum than in May fell by 25%. In contrast, the June U.S. gold fasteners imported from Germany amount than in May rose 36%. June U.S. imports by sea way bolt (steel or iron), the average unit price of $ 2.29 / kg, compared with May of $ 2.14 / kg increased by 7%. This is mainly attributed to the rise in fuel prices and global steel demand growth. In volume terms, total U.S.imports of fasteners maintained growth for three consecutive months, June imports were 115 million kg, the highest since October 2008 a single month since a new high.
