China's exports of steel or copper standard fasteners in the first half of 2011

According to customs statistics, from January to June 2011, China's steel or copper standard fastener export value was 2.202 billion U.S. dollars, an increase of 41.5% year-on-year, and the export volume was 12.52 million tons, a year-on-year increase of 22.2%. The average export price was USD 1761/ton, a year-on-year increase of 15.8%. In the month of June, the export value of standard fasteners for steel or copper products in China was US$425 million, a year-on-year increase of 27.6%, and the export volume was 238 thousand tons, an increase of 12.0% over the same period of last year. The average export price was US$1,788/ton, an increase of 13.9% over the same period of the previous year. .



Compared to the first half of 2010, the export value of standard fasteners for steel or copper fasteners in China was basically the same as the growth rate of the same period last year (40.5% in 2010), and the year-on-year growth rate was down by about 23% (45.4% in 2010). The year-on-year growth rate increased by about 19% (-3.3% in 2010).

In terms of export value, the United States, Russia, and Japan are the major export markets for China's steel or copper standard fasteners. In the first half of 2011, China exported 391 million U.S. dollars to the United States, an increase of 44.7% year-on-year, and exported 158 million U.S. dollars to Russia, an increase of 82.9% year-on-year, and exported 146 million U.S. dollars to Japan, a year-on-year increase of 23.4%. The U.S. market share was unchanged from the same period in 2010, Russia increased from 5.5% to 7.2%, and Japan decreased from 7.6% to 6.6%. In the first half of 2011, the total export value of the top 10 export markets totaled 1.151 billion U.S. dollars, which accounted for 52.3% of the total exports of all steel or copper standard fasteners in the first half of the year.