In two to three years, China’s fastener exports will exceed 2.5 billion U.S. dollars

According to statistics, in the first half of 2006, the total export of fasteners nationwide reached 10.99 million tons, an increase of 30.82% over the same period of 2005, and sales amounted to 1.229 billion US dollars, an increase of 23.07% over the same period of last year. It can be seen that in the first half of 2006, although the export of fasteners has developed rapidly, the problem of unreasonable export product structure still exists. We are still relying on the increase in the number of products to expand the market. There are still low grades and prices of products. Low problem. Mainly entering the maintenance of foreign spare parts market, only a small number of products into the host supporting the market, and more to oem delivery, has not yet formed its own brand.

In recent years, with the rapid growth of fastener exports, China has gradually become a global exporter of fastener products. In this world's largest production base of “world factory” fasteners, the export volume of fastener products with larger scale will surely produce a match. In recent years, with the transfer of fastener production in Western developed countries, production capacity has also been relatively reduced. The world economic growth has increased the demand for fastener products in China and the dependence has gradually increased.

In view of the situation and new changes in the export trade of fastener products in China, it is necessary to establish a monitoring and early warning system for the import and export of fastener products throughout the country, to grasp the situation, to identify problems, and to propose operability recommendations so as to provide scientific evidence for relevant departments. The export order is somewhat confusing, with the emphasis on export growth being too rapid, export time and export countries being too concentrated, low prices, and low value-added output, causing some unnecessary friction, which is not conducive to the continued export of fastener products. healthy growth. It can thus be seen that China has become a major exporter of fastener products, and it is an inevitable result of global industrial adjustment and division of labor in the context of global integration. It is a long-term trend that is difficult to reverse. In the past two years, some problems that cannot be ignored have emerged during the export of fasteners.

Many people are concerned that the export volume of fastener products in China will drop significantly in 2007, which will increase the pressure on the domestic market. In fact, this worry is unnecessary. With the rapid increase in the export volume of fasteners in China, its export resistance has also increased. On the basis of monitoring and early warning and full study, relevant agencies can use macro-level guidance on the quantity, product mix, and time of Chinese fastener exports based on changes in the trade situation, using tariffs, interest rates, and quotas.

It is expected that China's fastener exports will exceed US$2.5 billion in the next 2 to 3 years. After long-term development, China has built a fastener production system that is the largest in the world, has more complete varieties and better quality. China's fastener products are inexpensive and have strong comprehensive competitiveness. Although in the future trade frictions on China's fastener products will not be reduced, but in a period of time, the export of fastener products in China will continue to develop, after all, China's fastener products provided to the international market at this stage is still difficult to find complete The alternative source.