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Developmental Trend of Sino-Japan Fastener Industry—M-TECH-14th MECHANICAL COMPONENTS EXPO Report (2)
Japan's Ministry of Finance reported Japan’s 2009 exports of fasteners dropped 29.4% from the previous year to Yen 191.9 billion. Imports fell 40% to Yen 5.3 billion. Steel bolt exports - accounting for 44% of all fasteners - fell 20%; export of nuts - 21% of fasteners - dropped 28%; and small screws (12% of fastener exports) were down 29.3%. Likewise, import of steel bolt accounts for the largest percentage of all fasteners. Besides, China is Japan’s largest importer and exporter of fasteners followed by America and Thailand. As seen above, China is Japan's largest trader of fasteners.
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Japanese companies are very strict with their products display:
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