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2023
Exports $263MWorld Rnk 1 / 177
Flag Rnk 694 / 1215
2023
Destination $3.62M United States
2022 - 2023
FASTEST GROWING MARKET $3.62MPhilippines
2023
PRODUCT COMPLEXITY IN Copper Fasteners1.35Rnk 69 / 1025
2023
Imports $58.4MWorld Rnk 5 / 221
Flag Rnk 738 / 1214
2023
Origin $4.19M Germany
2022 - 2023
FASTEST GROWING ORIGIN $4.19MSouth Korea
2023
ECONOMIC COMPLEXITY of China1.16Rnk 21 / 132

About

Exports In 2023, China exported $263M in Copper Fasteners, making it the 1st largest exporter of Copper Fasteners in the world. At the same year, Copper Fasteners was the 694th most exported product in China. The main destination of Copper Fasteners exports from China are: United States ($27.7M), Germany ($21.3M), Japan ($19.2M), Mexico ($17M), and Vietnam ($16.7M).

The fastest growing export markets for Copper Fasteners of China between 2022 and 2023 were Philippines ($3.62M), Russia ($1.34M), and United Arab Emirates ($1.16M).

Imports In 2023, China imported $58.4M in Copper Fasteners, becoming the 5th largest importer of Copper Fasteners in the world. At the same year, Copper Fasteners was the 738th most imported product in China. China imports Copper Fasteners primarily from: Germany ($12.7M), South Korea ($8.46M), Japan ($7.78M), United States ($6.83M), and Chinese Taipei ($5.74M).

The fastest growing import markets in Copper Fasteners for China between 2022 and 2023 were South Korea ($4.19M), Spain ($840k), and Malaysia ($426k).

COMPANIES In 2024, leading companies such as Stelfast (32), Wismettac Asian Foods (20), and Key Tronic (19) were at the forefront of shipping Copper Fasteners from China to the United States.

Latest Trends

December 2024

About

Overview In December 2024 China's Copper Fasteners exports accounted up to $18.2M and imports accounted up to $7.67M, resulting in a positive trade balance of $10.5M. Between December 2023 and December 2024 the exports of China's   Copper Fasteners have increased by $5.46M (42.8%) from $12.8M to $18.2M, while imports increased by $81.4k (1.07%) from $7.59M to $7.67M.

Destinations In December 2024, Copper Fasteners were exported mostly to United States ($2.4M), Vietnam ($1.93M), Thailand ($1.67M), United Kingdom ($1.24M), and Russia ($1.08M), and were imported mostly from Japan ($1.66M), China ($983k), Germany ($972k), Chinese Taipei ($876k), and United States ($842k).

Growth In December 2024, the increase in Copper Fasteners's year-by-year exports was explained primarily by an increase in exports to Vietnam ($710k or 69.6%), Thailand ($524k or 64.1%), and Japan ($496k or 54.7%). In December 2024, the increase in Copper Fasteners's year-by-year imports was explained primarily by an increase in imports from United States ($203k or 34.6%), South Korea ($192k or 38.6%), and Chinese Taipei ($174k or 42.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$5.46M(42.8%)
IMPORT GROWTH (December 2023 - December 2024)$81.4k(1.07%)
MAIN EXPORTER (December 2024)
MAIN DESTINATION (December 2024)United States$2.4M

This section shows Copper Fasteners's exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Copper Fasteners over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$263M
IMPORTS (2023)$58.4M
NET TRADE (2023)$205M

In 2023, China exported $263M in Copper Fasteners. The main destinations of China exports on Copper Fasteners were United States ($27.7M), Germany ($21.3M), Japan ($19.2M), Mexico ($17M), and Vietnam ($16.7M).

In 2023, China imported $58.4M in Copper Fasteners, mainly from Germany ($12.7M), South Korea ($8.46M), Japan ($7.78M), United States ($6.83M), and Chinese Taipei ($5.74M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Copper Fasteners EXPORT MARKETS FOR China WERE (2022 - 2023):
Philippines$3.62M (143%)
Russia$1.34M (39.4%)
United Arab Emirates$1.16M (94.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Copper Fasteners BY China WERE (2022 - 2023):
United States-$14.4M (-34.2%)
Vietnam-$6.8M (-28.9%)
Malaysia-$5.6M (-42.2%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, China's main exporting competitors in Copper Fasteners were:
Germany $242M
Italy $134M
In 2023, China's main importing competitors in Copper Fasteners were:
Germany $153M
United States $139M
Mexico $113M

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Trade Value of Copper Fasteners by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $5.22M
TOP IMPORT POTENTIALUnited States+ $1.68M

Copper Fasteners’s highest export potential is India. With an export gap of $5.22M.   Copper Fasteners’s highest import potential is United States with an import gap of $1.68M.

See methodology.

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