2022
Exports
$25.4MWorld Rnk 11 / 80
Flag Rnk 987 / 1216
2022
PRODUCT COMPLEXITY IN Rare-Earth Metal Compounds
0.68Rnk 287 / 1025
2022
Imports
$59.4MWorld Rnk 9 / 144
Flag Rnk 875 / 1215
2022
ECONOMIC COMPLEXITY of Germany
1.78Rnk 5 / 133

About

Exports In 2022, Germany exported $25.4M in Rare-Earth Metal Compounds, making it the 11th largest exporter of Rare-Earth Metal Compounds in the world. At the same year, Rare-Earth Metal Compounds was the 987th most exported product in Germany. The main destination of Rare-Earth Metal Compounds exports from Germany are: Russia ($10.6M), North Macedonia ($4.68M), United States ($1.29M), Switzerland ($1.28M), and Japan ($780k).

The fastest growing export markets for Rare-Earth Metal Compounds of Germany between 2021 and 2022 were North Macedonia ($2.62M), Austria ($422k), and Switzerland ($421k).

Imports In 2022, Germany imported $59.4M in Rare-Earth Metal Compounds, becoming the 9th largest importer of Rare-Earth Metal Compounds in the world. At the same year, Rare-Earth Metal Compounds was the 875th most imported product in Germany. Germany imports Rare-Earth Metal Compounds primarily from: China ($20.7M), France ($9.39M), Japan ($8.47M), Netherlands ($6.14M), and United States ($3.12M).

The fastest growing import markets in Rare-Earth Metal Compounds for Germany between 2021 and 2022 were China ($9.27M), Japan ($7.08M), and France ($2.58M).

Latest Trends

Sep 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Rare-Earth Metal Compounds. Countries are shown based on data availability.

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

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Historical Data

Trade Balance

Color
EXPORTS (2022)$25.4M
IMPORTS (2022)$59.4M
NET TRADE (2022)-$33.9M

In 2022, Germany exported $25.4M in Rare-Earth Metal Compounds. The main destinations of Germany exports on Rare-Earth Metal Compounds were Russia ($10.6M), North Macedonia ($4.68M), United States ($1.29M), Switzerland ($1.28M), and Japan ($780k).

In 2022, Germany imported $59.4M in Rare-Earth Metal Compounds, mainly from China ($20.7M), France ($9.39M), Japan ($8.47M), Netherlands ($6.14M), and United States ($3.12M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rare-Earth Metal Compounds EXPORT MARKETS FOR Germany WERE (2021 - 2022):
North Macedonia$2.62M (127%)
Austria$422k (126%)
Switzerland$421k (48.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rare-Earth Metal Compounds BY Germany WERE (2021 - 2022):
Russia-$4.86M (-31.5%)
Japan-$468k (-37.5%)
India-$267k (-29.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Germany's main exporting competitors in Rare-Earth Metal Compounds were:
In 2022, Germany's main importing competitors in Rare-Earth Metal Compounds were:
China $1.48B
Japan $488M

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Trade Value of Rare-Earth Metal Compounds by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.12M
TOP IMPORT POTENTIALChina+ $2.85M

Rare-Earth Metal Compounds’s highest export potential is China. With an export gap of $1.12M.   Rare-Earth Metal Compounds’s highest import potential is China with an import gap of $2.85M.

See methodology.

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