Taiwan, long among the top exporting countries, is developing its capability for higher-value products for the auto and aerospace sectors.
Nuts, bolts, screws….They may just be small pieces of metal, but collectively they add up to big business for Taiwan manufacturers. Last year companies on the island exported more than US$4 billion worth of fasteners, for growth of 10% over 2013. That makes Taiwan the world’s third-largest supplier to the international market after Germany and China in terms of value – for a global market share of 10.9%. In terms of volume, Taiwan is in second place, following China.
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via Fastener Industry Upgrades to Retain Leading Position – Taiwan Business TOPICS.