2022
Exports
$218MWorld Rnk 1 / 69
Flag Rnk 1720 / 4606
falsefalse South Korea
2022
Imports
$92.6MWorld Rnk 2 / 85
Flag Rnk 1231 / 4539
2022
ECONOMIC COMPLEXITY of China
1.12Rnk 22 / 133

About

Exports In 2022, China exported $218M in Rare earths/metals nes, unwrought/waste or scrap, making it the 1st largest exporter of Rare earths/metals nes, unwrought/waste or scrap in the world. At the same year, Rare earths/metals nes, unwrought/waste or scrap was the 1720th most exported product in China. The main destination of Rare earths/metals nes, unwrought/waste or scrap exports from China are: South Korea ($68.5M), Hong Kong ($42.4M), United States ($20.8M), Japan ($16.5M), and Singapore ($13.4M).

The fastest growing export markets for Rare earths/metals nes, unwrought/waste or scrap of China between 2021 and 2022 were South Korea ($24.6M), United States ($14.2M), and Singapore ($13.4M).

Imports In 2022, China imported $92.6M in Rare earths/metals nes, unwrought/waste or scrap, becoming the 2nd largest importer of Rare earths/metals nes, unwrought/waste or scrap in the world. At the same year, Rare earths/metals nes, unwrought/waste or scrap was the 1231st most imported product in China. China imports Rare earths/metals nes, unwrought/waste or scrap primarily from: Brazil ($28.9M), Hong Kong ($22.4M), Germany ($13.4M), Estonia ($8.57M), and Japan ($8.34M).

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

Latest Trends

Jul 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 earths/metals nes, unwrought/waste or scrap. Countries are shown based on data availability.

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

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Unit Prices

Flow
Value

The following visualization shows the unit prices for Rare earths/metals nes, unwrought/waste or scrap 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)$218M
IMPORTS (2022)$92.6M
NET TRADE (2022)$126M

In 2022, China exported $218M in Rare earths/metals nes, unwrought/waste or scrap. The main destinations of China exports on Rare earths/metals nes, unwrought/waste or scrap were South Korea ($68.5M), Hong Kong ($42.4M), United States ($20.8M), Japan ($16.5M), and Singapore ($13.4M).

In 2022, China imported $92.6M in Rare earths/metals nes, unwrought/waste or scrap, mainly from Brazil ($28.9M), Hong Kong ($22.4M), Germany ($13.4M), Estonia ($8.57M), and Japan ($8.34M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rare earths/metals nes, unwrought/waste or scrap EXPORT MARKETS FOR China WERE (2021 - 2022):
South Korea$24.6M (56.1%)
United States$14.2M (217%)
Singapore$13.4M (56.3k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rare earths/metals nes, unwrought/waste or scrap BY China WERE (2021 - 2022):
Hong Kong-$5.12M (-10.8%)
Japan-$2.68M (-14%)
Russia-$852k (-61.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, China's main exporting competitors in Rare earths/metals nes, unwrought/waste or scrap were:
In 2022, China's main importing competitors in Rare earths/metals nes, unwrought/waste or scrap were:

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Trade Value of Rare earths/metals nes, unwrought/waste or scrap by Exporters

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