China Is A Big Exporter Of Fasteners

- Jun 09, 2020-

Fasteners are a type of mechanical parts that are used for fastening and connection and are widely used. They are widely used in various machinery, equipment, vehicles, ships, railways, bridges, buildings, structures, tools, instruments and meters, and equipment manufacturing. The development is closely related and is called "Industrial Meter".

In 2008, China's fastener production reached 5.6 million tons, accounting for 33.39% of world production; in 2019, China's fastener production reached 8.5 million tons, accounting for nearly half of world production.

China is a major fastener exporter, of which exports account for 35%-40% of total output, and fastener exports have increased year by year in recent years. The United States is the main export market for domestic fasteners, accounting for 28.76% of total exports, followed by Russia, Japan, Germany, and South Korea.

There is often such a thing in life, because a loose nut causes large machinery such as automobiles to malfunction. Although the fasteners are small, they are significant.Just like a poem of Franklin--"Nails and Kingdom", which tells the story of ruining a kingdom due to the loss of an insignificant nail.

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