2011 First Half US Fastener Import and Export Overview

2011-10-03

According to the statistics of IFI, the U.S. fastener gross import value from January to June in 2011 was USD2.09 billion, increasing 29.9% on a year-over-year basis; the import volume was 1.43 billion pounds, increasing 23.7% on a year-over-year basis. The export volume of US fasteners in the first half also went up to USD1.44 billion, exhibiting a YoY increase of 16.9%. But, the export volume showed a sharp decline to 793 million pounds, exhibiting a YoY decline of 30.4%. IFI indicated, the US fastener gross export volume in the first half dropped because the export volume to Canada reduced 40.2%, though the export value increased 12.9% on a year-over-year basis.