Taiwan Fastener Export Volume Grows 0.37% to 0.131 Million Tons in April 2019

According to the database of Bureau of Foreign Trade of the Ministry of Economic Affairs (Taiwan). Taiwan fastener export volume reached 0.131 million tons in April 2019 and the cumulative volume from January 2019  through April 2019 reached 0.5353 million tons (with the total value of USD 1.538 billion). Its average export price in April 2019 was 2.91 USD/KG, up 1.75% from the year of 2018. Many fastener manufacturers forecast that the trade war between USA and China will be facing more challenges and in the short term it’ll be a very difficult time for Chinese companies exporting fasteners to USA, so it may be the best timing for Taiwanese fastener companies to enhance their order intake.