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Screws, bolts and nuts: top exporters and importers (2024)

In 2024, world trade in screws, bolts and nuts totaled $48.1 billion (18.7 million tonnes). The top exporters were China (21%), Germany (14%) and the United States (11%); the top importers were the United States (14%), Germany (9%) and Mexico (6%). Compared with 2019, the value rose 14%.

Summary

World trade
$48.1billion
Tonnes
18.7million tonnes
Price per tonne
$2,565
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. China$10.2 billion · 21.2%
  2. Germany$6.6 billion · 13.8%
  3. United States$5.4 billion · 11.2%
  4. Taiwan$5 billion · 10.4%
  5. Japan$2.7 billion · 5.7%
  6. Italy$2.6 billion · 5.4%
  7. France$1.6 billion · 3.4%
  8. South Korea$1.2 billion · 2.5%
  9. India$1.1 billion · 2.2%
  10. United Kingdom$938 million · 2%
  11. Turkey$877 million · 1.8%
  12. Switzerland$800 million · 1.7%
  13. Czechia$738 million · 1.5%
  14. Spain$718 million · 1.5%
  15. Poland$686 million · 1.4%
  16. Netherlands$640 million · 1.3%
    re-exports
  17. Canada$616 million · 1.3%
  18. Vietnam$593 million · 1.2%
  19. Thailand$567 million · 1.2%
  20. Sweden$412 million · 0.86%

Top importers

  1. United States$6.6 billion · 13.6%
  2. Germany$4.3 billion · 9%
  3. Mexico$2.9 billion · 6.1%
  4. China$2.2 billion · 4.5%
  5. France$1.9 billion · 3.9%
  6. Canada$1.8 billion · 3.8%
  7. United Kingdom$1.5 billion · 3.1%
  8. Poland$1.4 billion · 2.9%
  9. Italy$1.2 billion · 2.4%
  10. Netherlands$1.1 billion · 2.4%
    re-exports
  11. Brazil$1.1 billion · 2.2%
  12. India$1.1 billion · 2.2%
  13. Czechia$1.1 billion · 2.2%
  14. Thailand$966 million · 2%
  15. Spain$947 million · 2%
  16. Japan$877 million · 1.8%
  17. Austria$866 million · 1.8%
  18. Vietnam$755 million · 1.6%
  19. Russia$693 million · 1.4%
  20. Australia$682 million · 1.4%

Trend

Who sells it

China has been the top exporter since 2015

Value in USD billions. The five largest exporters in 2024.

  • China 10.2
  • Germany 6.6
  • United States 5.4
  • Taiwan 5
  • Japan 2.7

Source: CEPII BACI

Show the numbers
Country19952024
China0.3610.2
Germany1.56.6
United States1.35.4
Taiwan1.55
Japan1.32.7

Price

Implied price

The price per tonne fell 15% since 1995

Current US dollars per tonne: value over the weight reported by BACI.

  • 2024: $2,565

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$3,014
1996$2,471
1997$2,713
1998$2,631
1999$2,309
2000$2,624
2001$2,694
2002$2,696
2003$2,812
2004$2,265
2005$3,472
2006$2,740
2007$3,259
2008$3,901
2009$3,464
2010$3,340
2011$3,920
2012$4,194
2013$4,068
2014$4,240
2015$3,941
2016$3,692
2017$3,826
2018$3,872
2019$3,774
2020$3,802
2021$4,003
2022$4,531
2023$4,343
2024$2,565

What it includes

  • 7318 · Screws, bolts and nuts

Products in the same chapter

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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