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Fastener Exports of Hong Kong Drop 6.56% to 28,720 Tons in 2012

 
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2013-06-28

 

In 2012, the fastener export amount of Hong Kong slightly dropped 6.56% to 28,720 tons, increasing 3.26% to USD 386.043 million in value. The increase of exports reflects the increase of costs. On the other hand, the appreciation of RMB pushes the export prices upward. China is still the largest export destination for Hong Kong (53% of the total export amount and 68% of the export value are to China)

Fastener imported from Hong Kong continued to be stable in 2012. The import amount increased 4.62% to 47,584 tons whereas the import value declined 1% to 324.3386 million. China is the main supplier, representing 77% of the total amount, followed by Taiwan (10%) and Japan (4%).

 

Hong Kong’s Fastener Export Volumn(unit:1000 USD)

Year

2008

2009

2010

2011

2012

Iron or Steel Fasteners

282,276

257,727

332,319

328,100

358,467

Steel Fasteners

6,081

4,848

8,434

12,157

6,079

Aluminium Fasteners

24,830

17,852

25,790

30,113

16,878

Washers&Cotters

2,754

2,614

3,952

3,476

4,619

Total

316,243

283,043

370,495

373,846

386,043

YOY

5%

-10%

31%

1%

3%

 

Hong Kong’s Fastener Export Volumn(unit:Metric Ton)

Year

2008

2009

2010

2011

2012

Iron or Steel Fasteners

25,685

28,122

30,650

29,045

27,659

Steel Fasteners

516

369

403

446

245

Aluminium Fasteners

1,686

1,368

1,542

1,090

662

Washers&Cotters

188

196

254

154

154

Total

28,077

30,057

32,849

30,735

28,720

YOY

5%

7%

9%

-6%

-7%

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