Jiaxing’s fastener exports jumped 5.58% year-on-year to $470 million in the first half of 2014, accounting for 4% of the city’s total export value.
Jiaxing Fastener Export Highlights in H1:
1. Exports to U.S. and European markets accelerated while exports to the emerging markets decreased. Exports of fasteners to EU amounted to $96.61 million, up 16.2% year-on-year, taking up 20.5% of the city’s total fastener exports in the first six months of 2014. Exports of fasteners to the U.S. soared 33.8% to $129 million, accounting for 27.5% of total export value of fasteners in the city.
However, fastener exports to Russia declined 31.0% to $45.87 million, and exports to Saudi Arabia fell 72.0% to $4.23 million.(…)
