Jiaxing fastener export decreased year-on-year

According to customs statistics, from January to May this year, Jiaxing fasteners achieved a total value of 19163 million US dollars in imports and exports, a year-on-year decrease of 44.5%. Among them, the export value was 18.732 million US dollars, a year-on-year decrease of 44.8%, the export decline rate was higher than the average decrease of 26% in Jiaxing City's exports; the import value was 4.31 million US dollars, a year-on-year decrease of 20.9%; from January to May of this year, Jiaxing Fastener Exports It accounted for 4.3% of the total value of Jiaxing's exports, a drop of 2% from the same period of last year.

First, the characteristics of the presentation

1. Exports increased month-on-month. In the month of May, the total value of fasteners import and export in Jiaxing was US$ 38.84 million, a month-on-month increase of 0.5%. Among them, the export value of 38.91 million US dollars, an increase of 0.9%.

2. The average unit price fell from the previous month. In the month of May, the total export volume of steel fasteners in Jiaxing was 36,341 tons, a year-on-year increase of 7.9%; the export amount was US$38.79 million, a year-on-year increase of only 0.8%; and the average price of the month was US$1067.4/ton, a decrease of 6.5% from the previous month.

3. The major export markets such as Europe and the United States continued to decline substantially year-on-year. From January to May this year, the total value of exports to Europe, the United States, and Japan was 96.52 million U.S. dollars, a year-on-year drop of 52.3%.

4. The rise and fall of emerging market exports are mixed. Exports to Eastern Europe, South America, and other markets continued to decline sharply: From January to May, Jiaxing Fastener exports to Ukraine, Romania, the Czech Republic, Poland and other Eastern European markets decreased by 63.7%, 99.7%, 74.7%, and 74.9% respectively; Exports from South America such as Brazil, Chile, and Argentina decreased by 62.3%, 53.0%, and 85.8% year-on-year, and they dropped by 34.3% and 38.8%, respectively, for Mexico and South Africa. Exports to Southeast Asia and Central Asia showed a good trend of growth: From January to May, Jiaxing fastener exports to ASEAN and Malaysia increased by 12.5% ​​and 147.1% year-on-year; exports to India increased by 11.1% year-on-year; exports to Iran increased year-on-year. Increased by 60.9%.

5. The decline in exports of leading enterprises is still serious. In May, there were 7 companies with over 1 million U.S. dollars in fastener exports in Jiaxing City, a decrease of 12 companies over the same period of last year, and 5 of the 7 companies showed declines, which were both higher than the average fastener exports of Jiaxing City. Decline, the export of some leading enterprises even fell more than 60%.