(China) Hebei Yongnian Fasteners Industrial Zone Reports Increased Export by 70% in 2022
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The Chinese fastener enterprises in Yongnian are deeply engaged in overseas markets, and their products are exported to more than 110 countries and regions, such as the United States, Japan, Egypt and Dubai (UAE). At present, the Yongnian district encompasses 476 fastener enterprises with independent export license. There are more than 50 large factories specifically dedicated to export sales and 5 industry-leading fastener enterprises which has established their overseas warehouses. In 2022, Yongnian district generated about 158.6 million U.S. dollars of fastener export, a year-on-year increase of 70.8%, up against the nation-wide downtrend.
In 2022, the annual output of fasteners in the region reached 5.6 million tons, with an output value of RMB 38.5 billion. By participating in exhibitions, Chinese fastener enterprises have received a large number of overseas orders at major international exhibitions.