Wenzhou fastener exports to emerging markets such as Indonesia and Brazil

"This year's economic situation has changed. In order to maintain a balanced growth, the member companies of the city have participated in various exhibitions," said Wu Jiesheng, secretary general of the Wenzhou Fastener Industry Association. In the first half of the year, members of the association have participated in the fasteners exhibition in Shanghai and Guangzhou. Among them, in 2012 Shanghai Fasteners Professional Exhibition, according to incomplete statistics, 45 enterprises of Wenzhou Fastener Industry Association participated in the exhibition, accounting for about 1/10 of the total booths, of which Zhejiang Guangan Machinery Manufacturing Co., Ltd. set up 6 booths, Wenzhou Yili, Wenzhou Junhao and other companies also set up 4 booths, as well as 40 member companies such as Zhejiang Dongrui, Rui'an Dongfeng and Wenzhou Pioneer. The company has gained a lot of money and the orders on the spot are hot. The relevant person in charge of Wenzhou Junhao Industrial Co., Ltd. said: "The original company mainly exported to European countries, but due to the European economic crisis, it has now been exported to countries in South America, Southeast Asia and other places. Like Brazil to host the Olympic Games, many infrastructure construction needs Fasteners. Also, these emerging markets in Indonesia require a large number of fasteners. Therefore, we are turning our attention to emerging markets. The overall performance of the company this year is basically the same as last year.” As consumer demand picks up, motor vehicle production The rebound and aerospace demand continues to grow, and the rapid growth of durable goods manufacturing, the global fastener import market is gradually picking up. According to statistics, in the first half of the year, the export value of fasteners in Wenzhou City was 15.783 million US dollars, an increase of 3.05%. Mainly exported to the United States, Indonesia, South Korea and India. Among them, the export value of fasteners to the United States was 1,468,500 US dollars, an increase of 2.57%; the export value of fasteners to Indonesia was 1,439,800 US dollars, an increase of 232.83%; the export value of fasteners to South Korea was 1,266,600 US dollars; The export value was 1,112,600 US dollars, an increase of 3.35%. In the face of the complex and volatile domestic and international macroeconomic situation, the fastener industry in Wenzhou still maintained steady growth. In the first half of this year, the export value of fasteners in Wenzhou increased by 3.05%, among which the export of Indonesian fasteners was gratifying, with a year-on-year increase of 232.83%. Exports in May rose sharply in May, with a single-month export value of $3.469 million, an increase of 15.97% year-on-year.

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