284690 (Harmonized System 1992 for 6-digit)

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Overview This page contains the latest trade data of Compounds, mixes of rare-earths, yttrium, scandium ne. In 2023, Compounds, mixes of rare-earths, yttrium, scandium ne were the world's 1037th most traded product, with a total trade of $3.31B. Between 2022 and 2023 the exports of Compounds, mixes of rare-earths, yttrium, scandium ne grew by 5.97%, from $3.13B to $3.31B. Trade in Compounds, mixes of rare-earths, yttrium, scandium ne represent 0.015% of total world trade.

Compounds, mixes of rare-earths, yttrium, scandium ne are a part of Rare-Earth Metal Compounds.

Exports In 2023 the top exporters of Compounds, mixes of rare-earths, yttrium, scandium ne  were Burma ($1.44B), Malaysia ($527M), China ($483M), Japan ($195M), and United States ($182M).

Imports In 2023 the top importers of Compounds, mixes of rare-earths, yttrium, scandium ne were China ($1.98B), Japan ($429M), Vietnam ($183M), United States ($160M), and Thailand ($96.8M).

Ranking Compounds, mixes of rare-earths, yttrium, scandium ne ranks 2900th in the Product Complexity Index (PCI).

Description Compounds and mixes of rare-earths, yttrium, and scandium ne are often used in products, such as computers, televisions, and smartphones. Rare-earth elements are also used in a variety of other products, including light-emitting diodes (LEDs), magnets, and medical imaging equipment.

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Compounds, mixes of rare-earths, yttrium, scandium ne. 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 (2023)Burma$1.44B
Top Destination (2023)China$1.98B

In 2023 Compounds, mixes of rare-earths, yttrium, scandium ne were the world's 1037th most traded product (out of 4,644).

In 2023, the top exporters of Compounds, mixes of rare-earths, yttrium, scandium ne were Burma ($1.44B), Malaysia ($527M), China ($483M), Japan ($195M), and United States ($182M).

In 2023, the top importers of Compounds, mixes of rare-earths, yttrium, scandium ne were China ($1.98B), Japan ($429M), Vietnam ($183M), United States ($160M), and Thailand ($96.8M).

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Exporters of Compounds, mixes of rare-earths, yttrium, scandium ne (2023)
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Importers of Compounds, mixes of rare-earths, yttrium, scandium ne (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Burma$838M
Top Destination Growth (2022 -  2023)China$460M

Between 2022 and 2023, the exports of Compounds, mixes of rare-earths, yttrium, scandium ne grew the fastest in Burma ($838M), Laos ($104M), Japan ($25.6M), France ($18.3M), and Italy ($16.3M).

Between 2022 and 2023, the fastest growing importers of Compounds, mixes of rare-earths, yttrium, scandium ne were China ($460M), Philippines ($27.1M), Germany ($25M), Turkey ($11.7M), and North Macedonia ($8.65M).

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Exporters of Compounds, mixes of rare-earths, yttrium, scandium ne (2022 - 2023)

Importers of Compounds, mixes of rare-earths, yttrium, scandium ne (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Compounds, mixes of rare-earths, yttrium, scandium ne.

In 2023, market concentration measured using Shannon Entropy, was 2.79. This means that most of the exports of Compounds, mixes of rare-earths, yttrium, scandium ne are explained by 6 countries.

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Value of Exports in Compounds, mixes of rare-earths, yttrium, scandium ne

Net Trade

TOP NET EXPORTER (2023)Burma$1.44B
TOP NET IMPORTER (2023)China$1.49B

This map shows which countries export or import more of Compounds, mixes of rare-earths, yttrium, scandium ne. Each country is colored based on the difference in exports and imports of Compounds, mixes of rare-earths, yttrium, scandium ne during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Compounds, mixes of rare-earths, yttrium, scandium ne were Burma ($1.44B), Malaysia ($516M), Laos ($104M), India ($51M), and Estonia ($36.9M).

In 2023, the countries that had a largest trade value in imports than in exports of Compounds, mixes of rare-earths, yttrium, scandium ne were China ($1.49B), Japan ($234M), Vietnam ($131M), Thailand ($91.6M), and Philippines ($90.1M).

Net Trade (2023)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Compounds, mixes of rare-earths, yttrium, scandium ne.
It is possible to select the main countries that export or import Compounds, mixes of rare-earths, yttrium, scandium ne in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Compounds, mixes of rare-earths, yttrium, scandium ne 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 (2023)

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