Japan Fastener Import Increases by 10.8% in 2011

According to the latest statistics from Japan’s Ministry of Finance, in 2011, Japan’s annual total imports of fastener products (HS: 7317 to 7318, 7415—screws, bolts, nuts, washers, nails, rivets) totaled 313,000 tons, compared to 2010. The annual growth rate of 279,800 tons was 10.8%, and the total amount of imports reached 81.903 billion yen, an increase of 11.7% from 73.737 billion in 2010.

In 2011, Japan exported 325,500 tons of fasteners (HS: 7317 to 7318, 7415—screws, bolts, nuts, washers, nails, and rivets), which was 1.49 less than the 284,400 tons in 2010. %; Exports totaled 254.3 billion yen, a decrease of 1.56% from 258.374 billion yen in 2010.

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