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811299 (Harmonized System 1992 for 6-digit)

2022
World Trade $508MRnk 2916 / 4648
2022
Top Exporter | Top Importer $139M | $67.4MChina | Germany
2022
Product Complexity 0.21Rnk 2177 / 4653
2021 - 2022
Export Growth (CAGR) 9.12%Rnk 1707 / 4648
2022
Share of World Trade 0.0021%Rnk 2916 / 4648

About

Overview This page contains the latest trade data of Articles of rare earths/metals nes. In 2022, Articles of rare earths/metals nes were the world's 2916th most traded product, with a total trade of $508M. Between 2021 and 2022 the exports of Articles of rare earths/metals nes grew by 9.12%, from $466M to $508M. Trade in Articles of rare earths/metals nes represent 0.0021% of total world trade.

Articles of rare earths/metals nes are a part of Other Metals.

Exports In 2022 the top exporters of Articles of rare earths/metals nes  were China ($139M), United States ($129M), Brazil ($78.3M), Chile ($33.3M), and Netherlands ($21.4M).

Imports In 2022 the top importers of Articles of rare earths/metals nes were Germany ($67.4M), United States ($61.6M), China ($55.2M), Japan ($45.6M), and Netherlands ($39.4M).

Ranking Articles of rare earths/metals nes ranks 2177th in the Product Complexity Index (PCI).

Description Rare metals are only found in small quantities, but they are used in a variety of ways. The most common uses of rare metals are in catalysts for the refining of petroleum products. Rare metal catalysts are also used in the chemical industry to produce paints, fertilizers, and pharmaceuticals, as well as in photography.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Articles of rare earths/metals nes. Countries are shown based on data availability.

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

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)China$139M
Top Destination (2022)Germany$67.4M

In 2022 Articles of rare earths/metals nes were the world's 2916th most traded product (out of 4,648).

In 2022, the top exporters of Articles of rare earths/metals nes were China ($139M), United States ($129M), Brazil ($78.3M), Chile ($33.3M), and Netherlands ($21.4M).

In 2022, the top importers of Articles of rare earths/metals nes were Germany ($67.4M), United States ($61.6M), China ($55.2M), Japan ($45.6M), and Netherlands ($39.4M).

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Exporters of Articles of rare earths/metals nes (2022)
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Importers of Articles of rare earths/metals nes (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$46M
Top Destination Growth (2021 -  2022)Germany$16.4M

Between 2021 and 2022, the exports of Articles of rare earths/metals nes grew the fastest in China ($46M), United States ($22.2M), Netherlands ($19.3M), Estonia ($5.79M), and Chile ($4.35M).

Between 2021 and 2022, the fastest growing importers of Articles of rare earths/metals nes were Germany ($16.4M), Hong Kong ($13M), Singapore ($12.6M), France ($9.62M), and Malaysia ($8.05M).

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Exporters of Articles of rare earths/metals nes (2021 - 2022)

Importers of Articles of rare earths/metals nes (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Articles of rare earths/metals nes.

In 2022, market concentration measured using Shannon Entropy, was 3.16. This means that most of the exports of Articles of rare earths/metals nes are explained by 8 countries.

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Value of Exports in Articles of rare earths/metals nes

Net Trade

TOP NET EXPORTER (2022)China$84.3M
TOP NET IMPORTER (2022)Germany$56M

This map shows which countries export or import more of Articles of rare earths/metals nes. Each country is colored based on the difference in exports and imports of Articles of rare earths/metals nes during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Articles of rare earths/metals nes were China ($84.3M), Brazil ($77.3M), United States ($67.6M), Chile ($32.8M), and Estonia ($16.5M).

In 2022, the countries that had a largest trade value in imports than in exports of Articles of rare earths/metals nes were Germany ($56M), Malaysia ($37.9M), Japan ($30.6M), Netherlands ($17.9M), and Singapore ($16.4M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Articles of rare earths/metals nes.
It is possible to select the main countries that export or import Articles of rare earths/metals nes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Articles of rare earths/metals nes by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2022)

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