Better U.S. Economy Stimulates Chinese and Taiwanese Fastener Exports

As the largest destination of Chinese fastener export, U.S. demand, compared to 2013, is still weak. During Jan. through Nov. 2013, China exported 450 thousand tons of fasteners (at the total value of USD823,042,162) to the U.S. In the export-oriented Taiwanese fastener industry, U.S. has left the EU behind to become the largest destination of Taiwanese fastener exports with the YoY ratio of 1.76%. Obviously, the U.S. is a vast and potential market for fasteners. It is expected by 2014, there will be a larger increase in fastener exports from China and Taiwan to the U.S., where the economy is gradually turning well.