According to Ministry of Finance Japan, Japan’s steel or iron fastener exports to China fell 11.5% in September compared with the same month in 2011 which should be attributed to the China-Japan Diaoyu Island dispute.

The dispute had brought great effect on Japan’s manufacturing industry. According to the production datas released by Japan famous automotive makers, some of them reduced production in September. In addition, sales of Japan’s electrical appliance makers in China declined.

On the contrary, fastener exports to US, Thailand and Indonesia rose in September.

Japan’s fastener exports in September dipped 0.7% to 23.93 billion Yen compared with the same period of last year, the first decline since February.

Japan’s fastener imports rose 8.0% to 5.79 billion Yen, exceeding that of the same period of last year for the first time since June.

Exports of steel or iron bolts increased 0.5% to 10.69 billion Yen, accounting for 44.7% of the total amount while exports in volume dropped 2.2% to 17822 tons. Exports of nuts rose 0.4% to 5.35 billion Yen while export volume grew 0.3% to 7056 tons, taking up 22.3% of the total amount.

www.chinaFastenerinfo.net