Overview This page contains the latest trade data of Rare-Earth Metal Compounds. In 2020, Rare-Earth Metal Compounds were the world's 764th most traded product, with a total trade of $1.61B. Between 2019 and 2020 the exports of Rare-Earth Metal Compounds grew by 19%, from $1.35B to $1.61B. Trade in Rare-Earth Metal Compounds represent 0.0096% 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 2020 the top exporters of Rare-Earth Metal Compounds were Burma ($388M), China ($271M), Malaysia ($243M), Japan ($210M), and United States ($117M).
Imports In 2020 the top importers of Rare-Earth Metal Compounds were China ($600M), Japan ($269M), Vietnam ($126M), United States ($95.6M), and Thailand ($61.5M).
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 285th 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.