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It was learned from the Japanese fastener media that some of the fastener manufacturers were seriously affected and the production line was damaged due to the earthquake. In addition, some manufacturers suffered from the damage caused by car manufacturers in the earthquake, and the order received was reduced. In this situation, there are still so many companies exhibiting already quite good. President Nagao said that Japanese fastener companies are trying to recover, and they are expected to return to pre-quake levels in October this year.
Then, what is the status of Japanese fastener companies after the earthquake? Has production been restored? To learn more about Japanese fasteners,
However, due to the impact of the Japan earthquake, in the first quarter of 2011, the total number of fasteners exported from Japan to China declined. The total export volume was 16,000 tons, down 16.6% year-on-year, accounting for 20.3% of Japan’s total exports of fasteners; Export value was 14.8 billion yen, down 2.7% year-on-year, accounting for 23.8% of total exports.
According to relevant data, China is the largest trading country for fasteners in Japan. In the first quarter of 2011, Japan imported 29,000 tons of fasteners from China, an increase of 8.86% year-on-year, accounting for 53.4% ​​of Japan’s total fastener imports; import value was 5.24 billion yen, a year-on-year increase of 13.5%, accounting for 32.5% of the total import value.