Malaysia | 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 Malaysia totalled $ 285 million in 2023. Sales of commodity group 7318 from Malaysia decreased by 19.4% 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 $ 68 million (cumulative exports of commodity group 7318 from Malaysia amounted $354 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 0.091% of total exports from Malaysia (cumulative merchandise exports from Malaysia totalled $ 312 billion in 2023). The share of commodity group 7318 in total exports from Malaysia decreased by 0.009 p.p. compared to 2022 (it was 0.1% in 2022 and cumulative exports from Malaysia were equal to $ 352 billion).
Exports of commodity group 7318 amounted to 10.5% of total sales of group "" from Malaysia in 2023 (the value of exports of commodity group from Malaysia amounted to $2.71 billion in 2023). The share of exports of commodity group 7318 in sales of commodity group from Malaysia lowered by 3.69 p.p. compared to 2022 (it was 14.2% in 2022, and exports of commodity group from Malaysia were $2.49 billion).
Where does Malaysia export Screws, bolts, nuts, coach screws, screw hooks, rivets, cotters, cotter-pins, washers (including spring washers) and similar articles, of iron or steel?
Top export destinations of "Screws, bolts, nuts, coach screws, screw hooks, rivets, cotters, cotter-pins, washers (including spring washers) and similar articles, of iron or steel" from Malaysia in 2023:
- Singapore with a share of 19% (54 million US$)
- Thailand with a share of 13% (37 million US$)
- USA with a share of 10.2% (29 million US$)
- Germany with a share of 7.91% (22 million US$)
- Turkey with a share of 6.25% (17.8 million US$)
- China with a share of 4.36% (12.4 million US$)
- Netherlands with a share of 3.87% (11 million US$)
- Poland with a share of 3.58% (10.2 million US$)
- Italy with a share of 3.13% (8.96 million US$)
- Japan with a share of 2.72% (7.79 million US$)
Exports structure of 7318 - Screws, bolts, nuts, coach screws, screw hooks, rivets, cotters, cotter-pins, washers (including spring washers) and similar articles, of iron or steel - from Malaysia in 2023 represented by the following main commodity groups:
- 60% (174 million US$): 731815 - Iron or steel; threaded screws and bolts n.e.s. in item no. 7318.1, whether or not with their nuts or washers
- 11.8% (33 million US$): 731816 - Nuts of iron/steel
- 9% (25 million US$): 731819 - Iron or steel; threaded screws, bolts and nuts n.e.s. in item no. 7318.1
- 5.82% (16.6 million US$): 731829 - Non-threaded arts. sim. to rivets, cotters and the like, of iron/steel (excl. of 7318.2)
- 3.33% (9.54 million US$): 731824 - Cotters & cotter-pins, of iron/steel
- 2.31% (6.62 million US$): 731814 - Self-tapping screws of iron/steel
- 2.12% (6.08 million US$): 731821 - Spring washers & other lock washers, of iron/steel
- 1.49% (4.26 million US$): 731822 - Washers (excl. of 7318.21) of iron/steel
- 1.27% (3.63 million US$): 731812 - Wood screws other than coach screws, of iron/steel
- 0.85% (2.42 million US$): 731823 - Rivets 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 Malaysia totalled $ 587 million in 2023. Sales of commodity group 7318 to Malaysia decreased by 2.63% 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 $ 15.9 million (the value of imports of commodity group 7318 to Malaysia was equal to $603 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 0.221% of total import flow to Malaysia (in 2023, total imports to Malaysia amounted to $ 265 billion). The share of commodity group 7318 in total imports to Malaysia increased by 0.016 p.p. compared to 2022 (it was 0.205% in 2022 and cumulative imports to Malaysia were equal to $ 294 billion).
Imports of commodity group 7318 reached 16% of total imports of group "" to Malaysia in 2023 (imports of commodity group to Malaysia totalled $3.66 billion in 2023). The share of purchases of commodity group 7318 in imports of commodity group to Malaysia went down by 0.829 p.p. compared to 2022 (it was 16.8% in 2022, and imports of commodity group to Malaysia accounted for $3.57 billion).
Where does Malaysia import Screws, bolts, nuts, coach screws, screw hooks, rivets, cotters, cotter-pins, washers (including spring washers) and similar articles, of iron or steel from?
Top trading partners (import of "Screws, bolts, nuts, coach screws, screw hooks, rivets, cotters, cotter-pins, washers (including spring washers) and similar articles, of iron or steel") of Malaysia in 2023:
- China with a share of 33% (196 million US$)
- Singapore with a share of 20% (121 million US$)
- Japan with a share of 12.1% (71 million US$)
- USA with a share of 7.67% (45 million US$)
- Other Asia, nes with a share of 3.93% (23 million US$)
- Thailand with a share of 3.45% (20 million US$)
- Germany with a share of 3.32% (19.5 million US$)
- Indonesia with a share of 2.73% (16 million US$)
- Hong Kong with a share of 2.63% (15.5 million US$)
- United Kingdom with a share of 2.04% (12 million US$)
Imports structure of 7318 - Screws, bolts, nuts, coach screws, screw hooks, rivets, cotters, cotter-pins, washers (including spring washers) and similar articles, of iron or steel - to Malaysia in 2023 represented by the following main commodity groups:
- 44% (264 million US$): 731815 - Iron or steel; threaded screws and bolts n.e.s. in item no. 7318.1, whether or not with their nuts or washers
- 15.1% (88 million US$): 731829 - Non-threaded arts. sim. to rivets, cotters and the like, of iron/steel (excl. of 7318.2)
- 13.9% (81 million US$): 731816 - Nuts of iron/steel
- 6.8% (39 million US$): 731812 - Wood screws other than coach screws, of iron/steel
- 6.37% (37 million US$): 731819 - Iron or steel; threaded screws, bolts and nuts n.e.s. in item no. 7318.1
- 4.54% (26 million US$): 731822 - Washers (excl. of 7318.21) of iron/steel
- 3.09% (18.2 million US$): 731814 - Self-tapping screws of iron/steel
- 2.09% (12.3 million US$): 731823 - Rivets of iron/steel
- 1.17% (6.88 million US$): 731824 - Cotters & cotter-pins, of iron/steel
- 0.85% (5 million US$): 731821 - Spring washers & other lock washers, of iron/steel
