Overview This page contains the latest trade data of Rare-Earth Metal Compounds. In 2021, Rare-Earth Metal Compounds were the world's 688th most traded product, with a total trade of $2.71B. Between 2020 and 2021 the exports of Rare-Earth Metal Compounds grew by 69.5%, from $1.6B to $2.71B. Trade in Rare-Earth Metal Compounds represent 0.00013% of total world trade.
Rare-Earth Metal Compounds are a part of Inorganic chemicals. They include Compounds, mixes of rare-earths, yttrium, scandium ne and Cerium compounds.
Exports In 2021 the top exporters of Rare-Earth Metal Compounds were Burma ($803M), China ($503M), Malaysia ($424M), United States ($302M), and Japan ($201M).
Imports In 2021 the top importers of Rare-Earth Metal Compounds were China ($1.29B), Japan ($318M), Vietnam ($292M), United States ($134M), and Thailand ($101M).
Tariffs In 2018 the average tariff for Rare-Earth Metal Compounds was 3.2%, making it the 1128th lowest tariff using the HS4 product classification.
Ranking Rare-Earth Metal Compounds ranks 287th in the Product Complexity Index (PCI).
Description Rare-earth metals are used in the production of various types of magnets, such as neodymium-iron-boron magnets. Yttrium is often used in the production of phosphors for televisions and fluorescent lamps. Scandium is used in the production of low-temperature alloys.