Fastener Taiwan is the ONLY international B2B fastener show in Taiwan. Serving as a trading platform for sourcing and procurement, Fastener Taiwan features a complete range of fastener products. To better illustrate Taiwan's image of “the Kingdom of Screws”, the show also presents a highly integrated supply chain of Taiwan's fastener industry.
Taiwan's fasteners industry has long been export-oriented. According to the Customs Administration of the Republic of China, the export value of Taiwanese screws and nuts (HS CODE 7318) from January to June 2020 was nearly US$ 1.898 billion, a 14.6% decrease from the previous year. The export volume was 658,900 metric tons, down 14.1% from the same period last year. It is clear that Taiwan's fastener industry has been affected by the COVID-19 epidemic and the US-China trade war.
The novel coronavirus (COVID-19) epidemic is still significantly impacting global economy and society. Taking into account uncertain factors such as overseas exhibitors, international buyers and media may not be able to come to Taiwan as scheduled, the organizers of the "Taiwan International Fastener Show" (Fastener Taiwan), the Ministry of Economic Affairs, and implementers, the Taiwan External Trade Development Council (TAITRA) and the Taiwan Industrial Fasteners Institute (TIFI) decided to postpone the 6th Fastener Taiwan to September 2021.