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2022
Exports $139MWorld Rnk 1 / 74
Flag Rnk 2093 / 4606
falsefalse Japan
2021 - 2022
FASTEST GROWING MARKETfalseHong Kong
2022
Imports $55.2MWorld Rnk 3 / 134
Flag Rnk 1594 / 4539
2021 - 2022
FASTEST GROWING ORIGINfalseN/A
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $139M in Articles of rare earths/metals nes, making it the 1st largest exporter of Articles of rare earths/metals nes in the world. At the same year, Articles of rare earths/metals nes was the 2093rd most exported product in China. The main destination of Articles of rare earths/metals nes exports from China are: Japan ($23M), Hong Kong ($15.2M), Germany ($15.1M), United States ($13M), and Singapore ($11.6M).

The fastest growing export markets for Articles of rare earths/metals nes of China between 2021 and 2022 were Hong Kong ($13.2M), Singapore ($10M), and Germany ($8.65M).

Imports In 2022, China imported $55.2M in Articles of rare earths/metals nes, becoming the 3rd largest importer of Articles of rare earths/metals nes in the world. At the same year, Articles of rare earths/metals nes was the 1594th most imported product in China. China imports Articles of rare earths/metals nes primarily from: Brazil ($30.6M), United States ($9.64M), Estonia ($8.01M), Japan ($2.77M), and Chinese Taipei ($2.37M).

COMPANIES In 2023, leading companies such as CrimsonLogic (98.6k), IKEA Group (48.7k), and Itourscm (19.1k) were at the forefront of shipping Articles of rare earths/metals nes from China to the United States.

Latest Trends

July 2024

About

Overview In July 2024 China's Articles of rare earths/metals nes exports accounted up to $14.8M and imports accounted up to $1.42M, resulting in a positive trade balance of $13.3M. Between July 2023 and July 2024 the exports of China's   Articles of rare earths/metals nes have decreased by $-4.13M (-21.9%) from $18.9M to $14.8M, while imports increased by $19.9k (1.42%) from $1.4M to $1.42M.

Destinations In July 2024, Articles of rare earths/metals nes were exported mostly to N/A, and were imported mostly from Japan ($956k), United States ($203k), Belgium ($161k), United Kingdom ($40k), and Chinese Taipei ($22.3k).

Growth In July 2024, the decrease in Articles of rare earths/metals nes's year-by-year exports was explained primarily by a decrease in exports to N/A. In July 2024, the increase in Articles of rare earths/metals nes's year-by-year imports was explained primarily by an increase in imports from Germany ($2.76k or 47.4%) and Japan ($868 or 5.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$-4.13M(-21.9%)
IMPORT GROWTH (July 2023 - July 2024)$19.9k(1.42%)
MAIN EXPORTER (July 2024)Guangdong Province$4.87M

This section shows Articles of rare earths/metals nes's exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Articles of rare earths/metals nes over time.

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Unit Prices

Flow
Value

The following visualization shows the unit prices for Articles of rare earths/metals nes throughout time. Products without a clear unit are excluded.

Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$139M
IMPORTS (2022)$55.2M
NET TRADE (2022)$84.3M

In 2022, China exported $139M in Articles of rare earths/metals nes. The main destinations of China exports on Articles of rare earths/metals nes were Japan ($23M), Hong Kong ($15.2M), Germany ($15.1M), United States ($13M), and Singapore ($11.6M).

In 2022, China imported $55.2M in Articles of rare earths/metals nes, mainly from Brazil ($30.6M), United States ($9.64M), Estonia ($8.01M), Japan ($2.77M), and Chinese Taipei ($2.37M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Articles of rare earths/metals nes EXPORT MARKETS FOR China WERE (2021 - 2022):
Hong Kong$13.2M (660%)
Singapore$10M (654%)
Germany$8.65M (134%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Articles of rare earths/metals nes BY China WERE (2021 - 2022):
Malaysia-$1.91M (-22.4%)
Russia-$1.5M (-18.7%)
United Arab Emirates-$1.06M (-97.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Articles of rare earths/metals nes were:
United States $129M
Brazil $78.3M
In 2022, China's main importing competitors in Articles of rare earths/metals nes were:
Germany $67.4M
United States $61.6M

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Trade Value of Articles of rare earths/metals nes by Exporters

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