Analysis on Import and Export Profile of Fastener Industry in India 2009-2011

“India's imports of fasteners (customs code: 7318) from 2009 to 2010 were US$289.372 billion, and total fastener imports from 2010 to 2011 were US$376.769 billion, a year-on-year increase of 28.23%.”

India's imports of fasteners (customs code: 7318) from 2009 to 2010 were US$289.372 billion, and total fastener imports from 2010 to 2011 were US$376.769 billion, a year-on-year increase of 28.23%. Among them, the increase in import of other threaded wood screws was the largest, which was a year-on-year increase of more than 200%. Followed by threaded screw hooks and threaded rings, an increase of 139.66%, again unthreaded split pins, an increase of 83.34%.

India's fastener exports from 2009 to 2010 were US$187.751 billion, and total exports from 2010 to 2011 were US$25.135 billion, an increase of 40.49% year-on-year. Among them, the increase in the output of the retaining ring was the largest, which was a year-on-year increase of 248.92%, followed by the threaded screw hook and the threaded ring, which increased by approximately 132.91% compared with the same period of last year. Again, the non-threaded spring washers and other lock washers increased by 132.64%.

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