Japan's Fastener Export to China Drops in Jan.-July 2019

     Japan's fastener export to China is decreasing. The Japanese steel bolt export value to China during Jan. and July 2019 landed at JPY 17.2 billion, down 13%; the export volume was 24.9 thousand tons, down 19%. In the backdrop of U.S.-China trade conflict, China's economic downturn seems to have cast an impact on Japan's fastener export.

     In Japan's steel fastener export to the U.S., the export value of the same period was JPY 1.635 billion, a minor drop of 0.7% from the last period; the export volume was 29.47 thousand tons, a 3.1% drop. Comparatively, Japan's steel fastener export to China decreased significantly under the U.S.-China trade conflict, while there was no sign of stagnation in the export to the U.S.