Taiwan seizes opportunity: Screw exports to Mexico soar amidst high tariffs on China
Source: | Author:exhibition-100 | Published time: 2024-09-11 | 112 Views | 🔊 Click to read aloud ❚❚ | Share:

Taiwan's screw exports to Mexico are expected to benefit due to Mexico's final anti-dumping ruling against Chinese threaded steel rods, with tariffs as high as 91.22%. This could lead to increased orders for Taiwanese manufacturers.

Previously, Taiwan's screw exports to Mexico grew by 15.6% in the first seven months of the year, and Mexico is now Taiwan's sixth-largest export market.

The global automotive market's growth, along with Mexico's strategic advantages, is expected to further boost Taiwan's screw exports, potentially surpassing the record levels seen in 2021.