This site uses cookies to help deliver its services and analyse traffic.
Which country manufactures the most screws?
Germany 1 - 0 Rest of the World
In a world dominated by Chinese manufacturing, you might be surprised to learn who the largest exporter of iron fasteners is. Currently, Germany leads the way, ahead of China in second position. With an export value of $5.43 Billion, and commanding 19% of all global exports, Germany is the leading exporter of iron fasteners on the planet. Despite being the largest exporter, Germany also imports iron fasteners from developing countries like India and China.
Surprising to some, China is the second-largest exporter of iron fasteners in the world. This comes with an export value of $4.53 Billion and a 16% share of exports. Europe was a leading importer of Chinese iron fasteners. However, this has been tempered in recent years by anti-dumping duties imposed on China by the EU. Consequently, China now sends a higher proportion of its products to the USA and other emerging markets.
Healthy competition
The USA accounts for $4.06 Billion of exports which are 14% of the global export market and according to information produced by the U.S. Census Bureau, major importers of the US iron fasteners are the UK, Canada, Mexico, Germany, and China. Meanwhile, Japan has an export value of $2.63 Billion, which totals 9.2% of the world’s iron fasteners’ exports. Following its trade partnership with the US, this exportation has seen a gradual increase since 2012. After Germany, the second-largest exporter of iron fasteners in Europe is Italy, with an export value of $1.69 Billion. As a result, Italy exports about 5.9% of the world’s iron fastener exports.
The World's Largest Exporters of Iron Fasteners
Rank Country Export Value (Billions of US Dollars)
1 Germany 5.43
2 China 4.52
3 United States 4.06
4 Japan 2.63
5 Italy 1.69
What is clear by these facts and figures is that no single country dominates the market for the manufacture and export of screws and fasteners. Germany, as the leading exporter, has less than 20% of the market and the top 5 countries together have 64% of the market, and 36% left for the rest of the world. Above all, this promotes a healthy competition between countries, which can be beneficial for the end user.
Latest from BS Fixings
Introducing Tite®-Fix at BS Fixings
BS Fixings is proud to introduce yet another brand to our lineup - Tite®-Fix! This brand offers a range of high-quality screws designed for various applications, from tongue & groove...
Continue readingNew In! Rawlplug’s R-KEM2 Polyester Styrene-Free Resin
We're pleased to share something special with you – the Rawlplug R-KEM2 Polyester Styrene-Free Resin 300ml has just landed at BS Fixings! This ingenious resin is designed for use in...
Continue readingIntroducing the Premier Volkel Range!
At BS Fixings, we are proud to stock a fantastic range of products from many well-known names in the DIY and construction market, and we’re excited to extend our catalogue...
Continue reading'How do I Fill Cracks in my Wall?'
Whilst the interiors of homes across the UK are built to withstand damage and last a long time, it is almost certain that they will take small forms of wear...
Continue reading‘What are the Best Paintbrushes to Use?’
When it comes to painting your home, it is important to be equipped with the best paintbrushes available to ensure that the paint is applied neatly and evenly and to...
Continue readingHow Do I Choose the Right Size Drill Bit for a Wall Plug?
In this blog, we’re going to tackle another common question we hear in our community – how do I choose the right size drill bit for a wall plug? Choosing...
Continue reading