Overview This page contains the latest trade data of Permanent magnets & articles intended as magnets, nes. In 2022, Permanent magnets & articles intended as magnets, nes were the world's 1656th most traded product, with a total trade of $1.68B. Between 2021 and 2022 the exports of Permanent magnets & articles intended as magnets, nes grew by 2.42%, from $1.64B to $1.68B. Trade in Permanent magnets & articles intended as magnets, nes represent 0.0071% of total world trade.
Permanent magnets & articles intended as magnets, nes are a part of Electromagnets.
Exports In 2022 the top exporters of Permanent magnets & articles intended as magnets, nes were China ($889M), Germany ($113M), South Korea ($96.2M), Japan ($84.4M), and United States ($55.2M).
Imports In 2022 the top importers of Permanent magnets & articles intended as magnets, nes were Germany ($154M), United States ($130M), Italy ($111M), China ($108M), and Thailand ($92.8M).
Ranking Permanent magnets & articles intended as magnets, nes ranks 504th in the Product Complexity Index (PCI).
Description Permanent magnets are used to create electromagnets in TVs, cell phones, microwaves, and other electronic devices. They also are used in toys and games for their magnetic properties.