USA | 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 USA totalled $ 5.44 billion in 2023. Sales of commodity group 7318 from USA went up by 14.3% 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" went up by $ 681 million (cumulative exports of commodity group 7318 from USA amounted $4.76 billion 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 0.269% of total exports from USA (cumulative merchandise exports from USA totalled $ 2.01 trillion in 2023). The share of commodity group 7318 in total exports from USA increased by 0.038 p.p. compared to 2022 (it was 0.231% in 2022 and cumulative exports from USA were equal to $ 2.06 trillion).
Exports of commodity group 7318 amounted to 23% of total sales of group "" from USA in 2023 (the value of exports of commodity group from USA amounted to $22 billion in 2023). The share of exports of commodity group 7318 in sales of commodity group from USA increased by 2.31 p.p. compared to 2022 (it was 21% in 2022, and exports of commodity group from USA were $22 billion).
Where does USA export Screws, bolts, nuts, coach screws, screw hooks, rivets, cotters, cotter-pins, washers (including spring washers) and similar articles, of iron or steel?
Top export destinations of "Screws, bolts, nuts, coach screws, screw hooks, rivets, cotters, cotter-pins, washers (including spring washers) and similar articles, of iron or steel" from USA in 2023:
- Mexico with a share of 35% (1.93 billion US$)
- Canada with a share of 24% (1.35 billion US$)
- China with a share of 5.05% (275 million US$)
- Germany with a share of 2.56% (139 million US$)
- United Kingdom with a share of 2.55% (139 million US$)
- Thailand with a share of 2.46% (134 million US$)
- Brazil with a share of 2.23% (121 million US$)
- Korea with a share of 1.88% (102 million US$)
- Singapore with a share of 1.67% (91 million US$)
- Japan with a share of 1.65% (90 million US$)
Exports structure of 7318 - Screws, bolts, nuts, coach screws, screw hooks, rivets, cotters, cotter-pins, washers (including spring washers) and similar articles, of iron or steel - from USA in 2023 represented by the following main commodity groups:
- 44% (2.4 billion US$): 731815 - Iron or steel; threaded screws and bolts n.e.s. in item no. 7318.1, whether or not with their nuts or washers
- 19.1% (1.04 billion US$): 731816 - Nuts of iron/steel
- 10.5% (573 million US$): 731829 - Non-threaded arts. sim. to rivets, cotters and the like, of iron/steel (excl. of 7318.2)
- 9.09% (495 million US$): 731819 - Iron or steel; threaded screws, bolts and nuts n.e.s. in item no. 7318.1
- 5.68% (309 million US$): 731822 - Washers (excl. of 7318.21) of iron/steel
- 3.56% (194 million US$): 731824 - Cotters & cotter-pins, of iron/steel
- 2.94% (160 million US$): 731814 - Self-tapping screws of iron/steel
- 2.46% (134 million US$): 731823 - Rivets of iron/steel
- 1.58% (86 million US$): 731821 - Spring washers & other lock washers, of iron/steel
- 0.382% (20 million US$): 731811 - Coach 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 USA totalled $ 6.7 billion in 2023. Sales of commodity group 7318 to USA decreased by 21% 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 $ 1.82 billion (the value of imports of commodity group 7318 to USA was equal to $8.53 billion 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 0.211% of total import flow to USA (in 2023, total imports to USA amounted to $ 3.16 trillion). The share of commodity group 7318 in total imports to USA decreased by 0.041 p.p. compared to 2022 (it was 0.252% in 2022 and cumulative imports to USA were equal to $ 3.37 trillion).
Imports of commodity group 7318 reached 12.5% of total imports of group "" to USA in 2023 (imports of commodity group to USA totalled $53 billion in 2023). The share of purchases of commodity group 7318 in imports of commodity group to USA went down by 1.35 p.p. compared to 2022 (it was 13.9% in 2022, and imports of commodity group to USA accounted for $61 billion).
Where does USA import Screws, bolts, nuts, coach screws, screw hooks, rivets, cotters, cotter-pins, washers (including spring washers) and similar articles, of iron or steel from?
Top trading partners (import of "Screws, bolts, nuts, coach screws, screw hooks, rivets, cotters, cotter-pins, washers (including spring washers) and similar articles, of iron or steel") of USA in 2023:
- Other Asia, nes with a share of 34% (2.34 billion US$)
- China with a share of 17.6% (1.18 billion US$)
- Japan with a share of 8.78% (589 million US$)
- Canada with a share of 6.1% (409 million US$)
- Germany with a share of 5.82% (390 million US$)
- Korea with a share of 4.3% (288 million US$)
- Italy with a share of 3.52% (236 million US$)
- India with a share of 3.25% (218 million US$)
- Mexico with a share of 2.74% (184 million US$)
- Vietnam with a share of 1.72% (115 million US$)
Imports structure of 7318 - Screws, bolts, nuts, coach screws, screw hooks, rivets, cotters, cotter-pins, washers (including spring washers) and similar articles, of iron or steel - to USA in 2023 represented by the following main commodity groups:
- 42% (2.86 billion US$): 731815 - Iron or steel; threaded screws and bolts n.e.s. in item no. 7318.1, whether or not with their nuts or washers
- 20% (1.38 billion US$): 731816 - Nuts of iron/steel
- 18.9% (1.26 billion US$): 731814 - Self-tapping screws of iron/steel
- 6.2% (415 million US$): 731829 - Non-threaded arts. sim. to rivets, cotters and the like, of iron/steel (excl. of 7318.2)
- 4.63% (311 million US$): 731822 - Washers (excl. of 7318.21) of iron/steel
- 2.37% (159 million US$): 731819 - Iron or steel; threaded screws, bolts and nuts n.e.s. in item no. 7318.1
- 1.16% (78 million US$): 731821 - Spring washers & other lock washers, of iron/steel
- 1.11% (74 million US$): 731823 - Rivets of iron/steel
- 1.09% (73 million US$): 731824 - Cotters & cotter-pins, of iron/steel
- 0.544% (36 million US$): 731812 - Wood screws other than coach screws, of iron/steel
