Australia | Imports and Exports | World | Screws, bolts, nuts, coach screws, screw hooks, rivets, cotters, cotter-pins, washers and similar articles, of iron or steel | Value (US$) and Value Growth, YoY (%) | 2012 - 2023
The value of exports of commodity group 7318 "Screws, bolts, nuts, coach screws, screw hooks, rivets, cotters, cotter-pins, washers (including spring washers) and similar articles, of iron or steel" from Australia totalled $ 130 million in 2023. Sales of commodity group 7318 from Australia decreased by 16.5% in value terms compared to 2022. exports of commodity group 7318 "Screws, bolts, nuts, coach screws, screw hooks, rivets, cotters, cotter-pins, washers (including spring washers) and similar articles, of iron or steel" decreased by $ 25 million (cumulative exports of commodity group 7318 from Australia amounted $156 million in 2022)
Exports of commodity group 7318 "Screws, bolts, nuts, coach screws, screw hooks, rivets, cotters, cotter-pins, washers (including spring washers) and similar articles, of iron or steel" amounted to 0.035% of total exports from Australia (cumulative merchandise exports from Australia totalled $ 369 billion in 2023). The share of commodity group 7318 in total exports from Australia decreased by 0.002 p.p. compared to 2022 (it was 0.038% in 2022 and cumulative exports from Australia were equal to $ 410 billion).
Exports of commodity group 7318 amounted to 19.9% of total sales of group "" from Australia in 2023 (the value of exports of commodity group from Australia amounted to $655 million in 2023). The share of exports of commodity group 7318 in sales of commodity group from Australia lowered by 3.23 p.p. compared to 2022 (it was 23% in 2022, and exports of commodity group from Australia were $675 million).
Where does Australia export Screws, bolts, nuts, coach screws, screw hooks, rivets, cotters, cotter-pins, washers (including spring washers) and similar articles, of iron or steel?
Top export destinations of "Screws, bolts, nuts, coach screws, screw hooks, rivets, cotters, cotter-pins, washers (including spring washers) and similar articles, of iron or steel" from Australia in 2023:
- Indonesia with a share of 22% (29 million US$)
- New Zealand with a share of 16.7% (21 million US$)
- USA with a share of 15.3% (19.9 million US$)
- Papua New Guinea with a share of 8.16% (10.6 million US$)
- China with a share of 6.76% (8.82 million US$)
- Germany with a share of 4.9% (6.39 million US$)
- Ghana with a share of 4.01% (5.23 million US$)
- Other Asia, nes with a share of 1.96% (2.56 million US$)
- Côte d`Ivoire with a share of 1.92% (2.51 million US$)
- Singapore with a share of 1.43% (1.86 million US$)
Exports structure of 7318 - Screws, bolts, nuts, coach screws, screw hooks, rivets, cotters, cotter-pins, washers (including spring washers) and similar articles, of iron or steel - from Australia in 2023 represented by the following main commodity groups:
- 39% (50 million US$): 731815 - Iron or steel; threaded screws and bolts n.e.s. in item no. 7318.1, whether or not with their nuts or washers
- 33% (43 million US$): 731829 - Non-threaded arts. sim. to rivets, cotters and the like, of iron/steel (excl. of 7318.2)
- 7.57% (9.87 million US$): 731819 - Iron or steel; threaded screws, bolts and nuts n.e.s. in item no. 7318.1
- 5.66% (7.38 million US$): 731816 - Nuts of iron/steel
- 4.75% (6.2 million US$): 731821 - Spring washers & other lock washers, of iron/steel
- 3.32% (4.33 million US$): 731822 - Washers (excl. of 7318.21) of iron/steel
- 1.54% (2.01 million US$): 731823 - Rivets of iron/steel
- 1.51% (1.97 million US$): 731811 - Coach screws of iron/steel
- 1.24% (1.61 million US$): 731824 - Cotters & cotter-pins, of iron/steel
- 0.871% (1.13 million US$): 731814 - Self-tapping screws of iron/steel
The value of imports of commodity group 7318 "Screws, bolts, nuts, coach screws, screw hooks, rivets, cotters, cotter-pins, washers (including spring washers) and similar articles, of iron or steel" to Australia totalled $ 671 million in 2023. Sales of commodity group 7318 to Australia decreased by 13.2% in value terms compared to 2022. imports of commodity group 7318 "Screws, bolts, nuts, coach screws, screw hooks, rivets, cotters, cotter-pins, washers (including spring washers) and similar articles, of iron or steel" decreased by $ 102 million (the value of imports of commodity group 7318 to Australia was equal to $773 million in 2022)
Imports of commodity group 7318 "Screws, bolts, nuts, coach screws, screw hooks, rivets, cotters, cotter-pins, washers (including spring washers) and similar articles, of iron or steel" accounted for 0.233% of total import flow to Australia (in 2023, total imports to Australia amounted to $ 287 billion). The share of commodity group 7318 in total imports to Australia decreased by 0.017 p.p. compared to 2022 (it was 0.25% in 2022 and cumulative imports to Australia were equal to $ 309 billion).
Imports of commodity group 7318 reached 10.4% of total imports of group "" to Australia in 2023 (imports of commodity group to Australia totalled $6.4 billion in 2023). The share of purchases of commodity group 7318 in total imports of commodity group to Australia increased by 0.015 p.p. compared to 2022 (it was 10.4% in 2022, and imports of commodity group to Australia accounted for $7.39 billion).
Where does Australia import Screws, bolts, nuts, coach screws, screw hooks, rivets, cotters, cotter-pins, washers (including spring washers) and similar articles, of iron or steel from?
Top trading partners (import of "Screws, bolts, nuts, coach screws, screw hooks, rivets, cotters, cotter-pins, washers (including spring washers) and similar articles, of iron or steel") of Australia in 2023:
- China with a share of 40% (270 million US$)
- USA with a share of 16.3% (109 million US$)
- Other Asia, nes with a share of 14% (94 million US$)
- Germany with a share of 6.64% (44 million US$)
- Italy with a share of 3.82% (25 million US$)
- Japan with a share of 2.47% (16.6 million US$)
- United Kingdom with a share of 2.05% (13.7 million US$)
- India with a share of 1.74% (11.7 million US$)
- Korea with a share of 1.3% (8.77 million US$)
- Finland with a share of 1.1% (7.39 million US$)
Imports structure of 7318 - Screws, bolts, nuts, coach screws, screw hooks, rivets, cotters, cotter-pins, washers (including spring washers) and similar articles, of iron or steel - to Australia in 2023 represented by the following main commodity groups:
- 44% (301 million US$): 731815 - Iron or steel; threaded screws and bolts n.e.s. in item no. 7318.1, whether or not with their nuts or washers
- 11.2% (75 million US$): 731816 - Nuts of iron/steel
- 9.78% (65 million US$): 731829 - Non-threaded arts. sim. to rivets, cotters and the like, of iron/steel (excl. of 7318.2)
- 9.54% (64 million US$): 731814 - Self-tapping screws of iron/steel
- 7.01% (47 million US$): 731822 - Washers (excl. of 7318.21) of iron/steel
- 7% (47 million US$): 731819 - Iron or steel; threaded screws, bolts and nuts n.e.s. in item no. 7318.1
- 6.42% (43 million US$): 731812 - Wood screws other than coach screws, of iron/steel
- 1.79% (12 million US$): 731824 - Cotters & cotter-pins, of iron/steel
- 1% (6.72 million US$): 731823 - Rivets of iron/steel
- 0.958% (6.43 million US$): 731821 - Spring washers & other lock washers, of iron/steel
